1353 BAY TER, North Bay Village, FL 33141

Parcel: 2332090080030 · Residential - Single Family · 1 Unit · Zoning: 0900

Assessed Value (2025)
$6,797,610

Property Details

Beds
3
Baths
4
Living Sqft
3,235
Year Built
1949
Lot Sqft
9,202
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$4,700,000
2022-01-28
DOUGLAS HORNSBYBAY DRIVE BJ PARTNERS LLC
2
$4,700,000
2022-02-01
3
$6,700,000+43%
2022-03-31
BAY DRIVE BJ PARTNERS LLC1353 BAY TERRACE LLC
4
$6,700,000
2022-04-08
5
$11,000,000+64%
2024-08-16
1353 BAY TERRACE LLCBAY TERRACE WATERFRONT LLC
6
$11,000,000
2024-08-20

Tax Assessment History

$6,797,610
Assessed (2025)
$6,797,610
Market Value
$6,797,610
Taxable Value
$138,394
Annual Tax
2024
$5,148,721
2025
$6,797,610
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $6,797,610 $6,797,610 $6,797,610 $138,394
2024 $5,148,721 $5,148,721 $5,148,721 $104,824

About 1353 BAY TER, North Bay Village, FL 33141

1353 BAY TER, North Bay Village, FL 33141 is a 3-bedroom, 4-bathroom residential - single family : 1 unit built in 1949 with 3,235 square feet of living space on a 9,202 square foot lot. The property is currently owned by BAY TERRACE WATERFRONT 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 2024-08-20 for $11,000,000. There are 6 recorded sales for this property. The 2025 assessed value is $6,797,610 with a market value of $6,797,610.

This breaks down to $5,521,200 for the land and $1,276,410 for the building. The assessed value increased 32% from $5,148,721 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. There are active mortgage liens totaling $2,851,118 recorded against this property. 1353 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 2022 to 2024, with 6 recorded transactions in the public record. The current assessed value represents 62% 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 $3400 per square foot — a key metric for comparing value across North Bay Village's real estate market..

Current Owner

BAY TERRACE WATERFRONT LLC
1390 CHAIN BRIDGE RD 5016, MCLEAN, VA, 22101
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$81,971 — $150,347
Flood $400 — $800
Property/Wind $81,571 — $149,547

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
View full risk analysis →

Mortgages

ACTIVE
$3,000,000
~$2,851,118 bal.
FM HOME LOANS LLC · 2022-02-01
Est. Total Balance $2,851,118
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales