1435 / 1340 Bay Rd/flamingo Way, Miami Beach, FL 33139
About this home
Unique opportunity to develop a Boutique Condominium building or multifamily project in the most desirable neighborhood of Miami Beach. Great residential area. Currently the lots have two single family homes, making a corner land of 11,00 Sq. ft. Houses are rented, generating $5,900 gross income.
Single-familyProperty Type
1947Year Built
6,000 sq ftLot Size
$1,824Est. Price/Sq.Ft.
2 car garageParking
Listed by Blanca Beaumont• B & B Real Estate Broker Inc
•305-984-3416 (agent)
•blancabb336@gmail.com (agent)
•305-984-3416 (broker)
•info@blacklabelteam.com (broker)
Bought with Javier Martinez LLC• Miami Beach Real Estate Group
Unique opportunity to develop a Boutique Condominium building or multifamily project in the most desirable neighborhood of Miami Beach. Great residential area. Currently the lots have two single family homes, making a corner land of 11,000 Sq. Ft. Houses are rented, generating $5,900 gross inconme.
MARMLS #A11303031
May 26, 2023
Sold
$3,600,000
$2,317/sq ft
Mar 2, 2023
Contingent
—
Nov 14, 2022
Listed
$3,850,000
$2,477/sq ft
MARMLS #A11230767
Oct 31, 2022
Listing Removed
—
Oct 7, 2022
Relisted
—
Oct 5, 2022
Price Changed
$3,850,000
$2,477/sq ft
Jun 29, 2022
Listed
$3,900,000
$2,510/sq ft
MARMLS #A11230717
Oct 31, 2022
Listing Removed
—
Oct 7, 2022
Relisted
—
Oct 5, 2022
Price Changed
$3,850,000
$2,477/sq ft
Jun 29, 2022
Listed
$3,900,000
$2,510/sq ft
MARMLS #A11067467
Dec 10, 2021
Sold
$2,900,000
$1,866/sq ft
Nov 18, 2021
Listing Removed
—
Sep 29, 2021
Price Changed
$3,200,000
$2,059/sq ft
Jul 7, 2021
Listed
$4,350,000
$2,799/sq ft
MARMLS #A11003643
Nov 16, 2021
Listing Removed
—
Nov 9, 2021
Price Changed
$1,900,000
$1,223/sq ft
Oct 1, 2021
Price Changed
$1,800,000
$1,158/sq ft
Jul 7, 2021
Price Changed
$2,350,000
$1,512/sq ft
Jul 1, 2021
Relisted
—
Jul 1, 2021
Price Changed
$2,000,000
$1,287/sq ft
Feb 24, 2021
Listed
$1,800,000
$1,158/sq ft
MARMLS #A10563986
Oct 11, 2019
Listing Removed
—
Nov 5, 2018
Price Changed
$1,600,000
$1,030/sq ft
Oct 31, 2018
Listed
$1,930,000
$1,242/sq ft
MARMLS #A1710859
May 20, 2013
Sold
$750,000
$483/sq ft
Apr 19, 2013
Pending
—
Nov 7, 2012
Listed
$795,000
$512/sq ft
Beaches MLS #RX-2555546
Jan 15, 2006
Listing Removed
—
Aug 5, 2005
Listed
$1,000,000
$644/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$35,214 (−0.2%)
$1,710,000 + $167,054
$1,877,054
2024
$35,273 (+23.8%)
$1,710,000 + $167,054
$1,877,054
2023
$28,503 (+27.8%)
2022
$22,305 (+12.0%)
2021
$19,909 (−13.8%)
$1,020,000 + $167,105
$1,187,105
2020
$23,104
$1,020,000 + $120,790
$1,140,790
2019
$23,127 (+13.8%)
2018
$20,327 (−25.9%)
$1,320,000 + $120,842
$1,440,842
2017
$27,438 (−2.0%)
$1,320,000 + $120,842
$1,440,842
2016
$27,988 (+71.8%)
$1,320,000 + $120,859
$1,440,859
2015
$16,290 (+16.9%)
$1,320,000 + $120,876
$1,440,876
2014
$13,937 (+592.2%)
2013
$2,013 (+1.8%)
2012
$1,978 (+3.3%)
$570,000 + $128,667
$698,667
2011
$1,916
Tax history for 1435 / 1340 Bay Rd/flamingo Way
Year
Property tax
Land + Additions
Assessment*
2025
$35,214 (−0.2%)
$1,710,000 + $167,054
$1,877,054
2024
$35,273 (+23.8%)
$1,710,000 + $167,054
$1,877,054
2023
$28,503 (+27.8%)
2022
$22,305 (+12.0%)
2021
$19,909 (−13.8%)
$1,020,000 + $167,105
$1,187,105
2020
$23,104
$1,020,000 + $120,790
$1,140,790
2019
$23,127 (+13.8%)
2018
$20,327 (−25.9%)
$1,320,000 + $120,842
$1,440,842
2017
$27,438 (−2.0%)
$1,320,000 + $120,842
$1,440,842
2016
$27,988 (+71.8%)
$1,320,000 + $120,859
$1,440,859
2015
$16,290 (+16.9%)
$1,320,000 + $120,876
$1,440,876
2014
$13,937 (+592.2%)
2013
$2,013 (+1.8%)
2012
$1,978 (+3.3%)
$570,000 + $128,667
$698,667
2011
$1,916
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6,000 Sq. Ft.
Year renovated
1947
Sq. Ft.
1,554
Year built
1947
Style
Single Family Residential
County
Miami-Dade County
APN
0232330160310
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
RM-1
Residential Multifamily, Low Density District
The RM-1 residential multifamily, low density district is designed for low intensity, low rise, single-family and multiple-family residences.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
May 5, 2026 • Final
Plumbing - residential - new
Install a new meter service from the meter box to the house connection. Remove and replace the existing sewer line within the property.
Plumbing
Apr 8, 2026 • Final
Commercial buildings (including condo) - new construction
Construct new multifamily townhomes with six units.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2
Parking
Features: Driveway
# of Covered Spaces: 2
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Room Information
Room Types: Other
Equipment
Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
Interior Features
Flooring: Ceramic Tile
Other Features: Bedroom on Main Level, First Floor Entry
Exterior
Building Information
Stories: 1
Year Built Details: New Construction
Roof Details: Shingle, Wood
Construction Details: Brick, Block
Exterior Features
Exterior Features: Patio
Patio And Porch Features: Patio
Land Information
Possible Use: Investment
Lot Information
Lot Size Area: 6,000
Lot Features: Less Than Quarter Acre
Zoning Description: 3900
Property Information
Direction Faces: Northwest
Financial
Tax Information
Annual Tax Amount: $23,104
Tax Year: 2021
Utilities
Utility Information
Sewer: Public Sewer
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Location
Community Information
Community Features: Street Lights
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,554
Stories: 1.0
Lot Size: 6,000 square feet
Style: Single Family Residential
Year Built: 1947
Year Renovated: 1947
County: Miami-Dade County
APN: 0232330160310
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
Fienberg/Fisher K-8 Center
Public PreK-8 • Assigned • 0.7mi
5/10
Miami Beach Senior High School
Public 9-12 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 102° expected this year, 29 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami Beach, FL • 33139
Average low and high temperatures (°F)
74
62
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74
86
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88
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90
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88
80
84
77
80
72
77
69
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.4 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.69M – $3.26M
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