18960 N BAY RD, Sunny Isles Beach, FL 33160

18960 N BAY RD, Sunny Isles Beach, FL 33160 is a 5-bedroom, 6-bathroom residential - single family : 1 unit built in 2010 with 5,602 square feet of living space on a 11,250 square foot lot. The property is currently owned by JOSEPH ISSACOFF, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-04-13 for $2,700,000, when AVENTURA SHORES INC sold to JOSEPH ISSACOFF. The property sold for $300,000 less than the prior sale of $3,000,000 on 2012-04-19. There are 3 recorded sales for this property.

The 2025 assessed value is $5,233,117 with a market value of $5,233,117. This breaks down to $4,218,750 for the land and $1,014,367 for the building. The assessed value increased 67% from $3,139,006 in 2024.

The property has the following tax exemptions: homestead. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $64,348, and the median home value is $472,600. The population density is 12,108 people per square mile. There are active mortgage liens totaling $3,066,778 recorded against this property.

18960 N BAY RD, Sunny Isles Beach, FL 33160 is located in Sunny Isles Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Sunny Isles Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2007 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 194% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $482 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..