1351 BAY TER, North Bay Village, FL 33141
Parcel: 2332090080020 · Residential - Single Family · 1 Unit · Zoning: 0900
Assessed Value (2025)
$3,953,937
Property Details
Beds
4
Baths
4
Living Sqft
2,334
Year Built
1934
Lot Sqft
6,020
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT
Sales History
1
$1,000,000
2010-12-10
GREGORY FRAGAKIS → ARNAUD H LUGUET
2
$2,550,000+155%
2015-07-16
ARNAUD H LUGUET → WATERFRONT TERRACE REAL EST INC
3
$4,200,000+65%
2024-06-28
WATERFRONT TERRACE REAL EST INC → MIAMI BEACH BAY LLC
4
$4,200,000
2024-07-09
5
N/A
2025-09-08
Tax Assessment History
$3,953,937
Assessed (2025)
$3,953,937
Market Value
$3,953,937
Taxable Value
$80,499
Annual Tax
2024
$2,550,106
$3,737,616
2025
$3,953,937
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $3,953,937 | $3,953,937 | $3,953,937 | $80,499 | $3,612,000 | $341,937 |
| 2024 | $2,550,106 | $3,737,616 | $2,550,106 | $51,918 | $3,070,261 | $667,355 |
About 1351 BAY TER, North Bay Village, FL 33141
1351 BAY TER, North Bay Village, FL 33141 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1934 with 2,334 square feet of living space on a 6,020 square foot lot. The property is currently owned by MIAMI BEACH BAY LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
There are 5 recorded sales for this property. The 2025 assessed value is $3,953,937 with a market value of $3,953,937. This breaks down to $3,612,000 for the land and $341,937 for the building.
The assessed value increased 55% from $2,550,106 in 2024. The median household income in this area is $87,500, and the median home value is $485,600. The population density is 20,130 people per square mile.
1351 BAY TER, 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 2010 to 2025, with 5 recorded transactions in the public record..
Current Owner
MIAMI BEACH BAY LLC
1390 CHAIN BRIDGE ROAD STE 5016, MCLEAN, VA, 22101
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$47,847 — $87,786
Flood $400 — $800
Property/Wind $47,447 — $86,986
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$87,500
Median Home Value$485,600
Pop. Density20,130/sq mi
Neighborhood 33141
26.1%
Owner-Occ
73.9%
Investor
443
Flips (4yr)
7,449
New Biz (3yr)
Distress Risk
MODERATE
31
Zoom in to see property sales