5607 N BAY RD, Miami Beach, FL 33140

Parcel: 0232150031340 · RESIDENTIAL - SINGLE FAMILY : 1 UNIT · Zoning: 0100

Assessed Value (2025)
$1,843,638

Property Details

Beds
5
Baths
4
Living Sqft
3,835
Year Built
1936
Lot Sqft
11,606
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,549,000
2003-08-01
2
$2,500,000+61%
2016-03-23
MICHAEL R FETELLFERNANDO MARGARIT
3
$100non-market transfer
2016-07-23
MICHAEL R FETELL FERNANDO MARGARIT

Tax Assessment History

$1,843,638
Assessed (2025)
$3,841,945
Market Value
$1,792,916
Taxable Value
$36,502
Annual Tax
2024
$1,791,680
$3,847,333
2025
$1,843,638
$3,841,945
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,843,638 $3,841,945 $1,792,916 $36,502
2024 $1,791,680 $3,847,333 $1,741,680 $35,459

About 5607 N BAY RD, Miami Beach, FL 33140

5607 N BAY RD, Miami Beach, FL 33140 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1936 with 3,835 square feet of living space on a 11,606 square foot lot. The property is currently owned by FERNANDO MARGARIT, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2016-07-23 for $100, when MICHAEL R FETELL sold to FERNANDO MARGARIT. The property sold for $2,499,900 less than the prior sale of $2,500,000 on 2016-03-23. There are 3 recorded sales for this property.

The 2025 assessed value is $1,843,638 with a market value of $3,841,945. This breaks down to $3,249,750 for the land and $592,195 for the building. The assessed value increased 3% from $1,791,680 in 2024.

The property has the following tax exemptions: homestead. The median household income in this area is $191,786, and the median home value is $2,000,001. The population density is 2,726 people per square mile.

5607 N BAY RD, Miami Beach, FL 33140 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are available through Miami-Dade County public records. The complete ownership history of this property spans from 2003 to 2016, with 3 recorded transactions in the public record..

Current Owner

FERNANDO MARGARIT
5607 N BAY RD, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$22,523 — $41,360
Flood $400 — $800
Property/Wind $22,123 — $40,560

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$191,786
Median Home Value$2,000,001
Pop. Density2,726/sq mi

Neighborhood 33140

30%
Corp-Owned
73%
Investor
398
Flips (4yr)
5
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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