1601 79 STREET CSW, North Bay Village, FL 33141

Parcel: 2332090000040 · Restaurant Or Cafeteria · Retail Outlet · Zoning: 6600

Assessed Value (2025)
$9,103,415

Property Details

Living Sqft
13,089
Year Built
1947
Lot Sqft
36,000
Stories
1
RESTAURANT OR CAFETERIA : RETAIL OUTLET

Sales History

1
$3,100,000
2002-09-01
2
$4,500,000+45%
2014-06-02
FLORVEST LLCBRICK VILLAGE 79 LLC
3
$13,500,000+200%
2021-04-19
BRICK VILLAGE 79 LLCSUNBEAM 1601 79TH STREET LLC

Tax Assessment History

$9,103,415
Assessed (2025)
$14,410,000
Market Value
$9,103,415
Taxable Value
$185,338
Annual Tax
2024
$8,275,832
2025
$9,103,415
$14,410,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $9,103,415 $14,410,000 $9,103,415 $185,338
2024 $8,275,832 $8,275,832 $8,275,832 $168,489

About 1601 79 STREET CSW, North Bay Village, FL 33141

1601 79 STREET CSW, North Bay Village, FL 33141 is a restaurant or cafeteria : retail outlet built in 1947 with 13,089 square feet of living space on a 36,000 square foot lot. The property is currently owned by SUNBEAM 1601 79TH STREET LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2021-04-19 for $13,500,000, when BRICK VILLAGE 79 LLC sold to SUNBEAM 1601 79TH STREET LLC. The property has appreciated $9,000,000 (200%) since the prior sale of $4,500,000 on 2014-06-02. There are 3 recorded sales for this property.

The 2025 assessed value is $9,103,415 with a market value of $14,410,000. This breaks down to $14,400,000 for the land and $10,000 for the building. The assessed value increased 10% from $8,275,832 in 2024.

The median household income in this area is $74,241, and the median home value is $429,600. The population density is 22,530 people per square mile. 1601 79 STREET CSW, North Bay Village, FL 33141 is located in North Bay Village, Florida.

Property records, tax assessments, sales history, and ownership information for this North Bay Village property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2002 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 67% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1031 per square foot — a key metric for comparing value across North Bay Village's real estate market..

Current Owner

SUNBEAM 1601 79TH STREET LLC
1401 79 STREET CSWY, NORTH BAY VILLAGE, FL, 33141
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$109,640 — $201,075
Flood $400 — $800
Property/Wind $109,240 — $200,275

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$74,241
Median Home Value$429,600
Pop. Density22,530/sq mi

Neighborhood 33141

26.1%
Owner-Occ
73.9%
Investor
443
Flips (4yr)
7,449
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
Zoom in to see property sales