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551 Bay Point Rd; Miami, FL Property Details

551 Bay Point Rd, Miami, FL is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 551 Bay Point Rd has 4 bedrooms, and 3 bathrooms, and a total of 3,370 square feet. The lot size of 551 Bay Point Rd is 13,833 square feet.

Off market
551 Bay Point Rd Miami, FL 33137
$1,600,000 Listing Price
4 Beds
3 Baths
3,370 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1956
  • Purchase Price: $2,070,000
  • Open Loans / Balance: 1 / $1,486,991
  • Est. Equity / %: $1,713,009 / 53.53%
  • Gross Yield: 8.082%
  • APN: 01-3219-008-0040
  • Situs County: Miami-Dade
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Building Style: Concrete Block
  • Stories: 2
  • Exterior Wall Type: Combination
  • Pool Type: Yes

Measurements

  • Total: 3,370/SqFt
  • Lot: 13,833/SqFt
  • Gross: 3,954/SqFt
  • Garage: 252/SqFt
  • Living: 3,370/SqFt
  • Building: 3,954/SqFt
  • Garage Unfinished: 252/SqFt
  • Price Per Square Foot: $614.24

Legal Description

  • Description: BAY POINT PB 40-63 LOT 4 BLK 1 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 87.000 X 159 OR 19882-1304 08 2001 4 COC 22059-3394 02 2004 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Dade County School District
  • Lat / Lon: 25.821589 / -80.18565
  • Subdivision: Bay Point
  • Property Class: Residential
  • Zoning: 0100
  • County Use Code: 0101

Amenities

  • Pool: true
  • Plus Four: 3303
  • Garage: Garage

HOA

  • H O A One: $6,600
  • H O A Amount: $6,600
  • H O A One Frequency: Annual
  • H O A One Name: Bay Point Property Owners Association, Inc.
  • H O A One Type: Home Owner Association

Ownership Info

551 Bay Point Rd has no associated ownership info
551 Bay Point Rd has no associated ownership info.

Taxes

551 Bay Point Rd has 9 associated Taxes items

551 Bay Point Rd, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,875,257. The APN we've located for 551 Bay Point Rd is 01-3219-008-0040.

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Taxes
  • Assessed Value:  $1,875,257
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  01-3219-008-0040
  • Market Land Value:  2766600
  • Tax Amount:  36052.04
  • Tax Year:  2024
  • Market Value:  3223110
  • Market Year:  2025

Tax History

551 Bay Point Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,875,257 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,822,408 Land Value Improvement Value Tax Amount $36,052.04 Change Rate +0.004496% Assessed CR Tax Rate +0.019783%
Year 2023 Assessed Value $1,769,329 Land Value Improvement Value Tax Amount $35,890.68 Change Rate +0.026368% Assessed CR Tax Rate +0.020285%
Year 2022 Assessed Value $1,719,831 Land Value $968,310 Improvement Value $751,521 Tax Amount $34,968.62 Change Rate +0.626898% Assessed CR Tax Rate +0.020333%
Year 2021 Assessed Value $993,761 Land Value $740,066 Improvement Value $253,695 Tax Amount $21,494.04 Change Rate -0.198547% Assessed CR Tax Rate +0.021629%
Year 2020 Assessed Value $1,241,371 Land Value $987,676 Improvement Value $253,695 Tax Amount $26,818.83 Change Rate +0.036483% Assessed CR Tax Rate +0.021604%
Year 2019 Assessed Value $1,194,339 Land Value $940,644 Improvement Value $253,695 Tax Amount $25,874.83 Change Rate +0.018859% Assessed CR Tax Rate +0.021665%
Year 2018 Assessed Value $1,194,339 Land Value $940,644 Improvement Value $253,695 Tax Amount $25,395.9 Change Rate -0.147322% Assessed CR Tax Rate +0.021264%
Year 2017 Assessed Value $1,388,001 Land Value Improvement Value Tax Amount $29,783.69 Change Rate -0.029023% Assessed CR Tax Rate +0.021458%
Year 2016 Assessed Value $1,388,001 Land Value Improvement Value Tax Amount $30,673.95 Change Rate +0.138619% Assessed CR Tax Rate +0.022099%
Year 2015 Assessed Value $1,194,490 Land Value Improvement Value Tax Amount $26,939.62 Change Rate +1.681095% Assessed CR Tax Rate +0.022553%
Year 2014 Assessed Value $467,515 Land Value Improvement Value Tax Amount $10,047.99 Change Rate Assessed CR Tax Rate +0.021492%