1365 BAY TER, North Bay Village, FL 33141

Parcel: 2332090080060 · Residential - Single Family · 1 Unit · Zoning: 0900

Assessed Value (2025)
$2,943,526

Property Details

Beds
2
Baths
2.5
Living Sqft
3,094
Year Built
1942
Lot Sqft
17,953
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2010-09-24
EIGHT PEAKS CAPITAL LLCKELLY WHELEN
2
$3,067,000
2016-09-16
KELLY WHELENDAVID SIMKINS
3
$13,500,000+340%
2025-09-05
DAVID SIMKINSBENDICION LLC
4
$13,500,000
2025-09-10

Tax Assessment History

$2,943,526
Assessed (2025)
$11,213,313
Market Value
$2,892,804
Taxable Value
$58,895
Annual Tax
2024
$2,860,570
$6,421,004
2025
$2,943,526
$11,213,313
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,943,526 $11,213,313 $2,892,804 $58,895
2024 $2,860,570 $6,421,004 $2,810,570 $57,221

About 1365 BAY TER, North Bay Village, FL 33141

1365 BAY TER, North Bay Village, FL 33141 is a 2-bedroom, 2.5-bathroom residential - single family : 1 unit built in 1942 with 3,094 square feet of living space on a 17,953 square foot lot. The property is currently owned by BENDICION 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 2025-09-10 for $13,500,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,943,526 with a market value of $11,213,313.

This breaks down to $10,771,800 for the land and $441,513 for the building. The assessed value increased 3% from $2,860,570 in 2024. The property has the following tax exemptions: homestead.

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. 1365 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 4 recorded transactions in the public record. The current assessed value represents 22% 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 $4363 per square foot — a key metric for comparing value across North Bay Village's real estate market..

Current Owner

BENDICION LLC
3614 BOAT DOCK DR, FALLS CHURCH, VA, 22041
Since: 2026-03-29
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People Behind This Entity

Registered Agent: ACOSTA-GONZALEZ KATHREN
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Est. Annual Insurance

$35,722 — $65,557
Flood $400 — $800
Property/Wind $35,322 — $64,757

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
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