RENTED NOV 22, 2025

Marina Blue 888 Biscayne Blvd Unit 5407 Floor 54 Miami, FL 33132

Park West Neighborhood

Estimated Value: $767,000 - $1,091,000

2 Beds
3 Baths
1,318 Sq Ft
$666/Sq Ft Est. Value

About This Home

Experience breathtaking, unobstructed views of Biscayne Bay and the sparkling Miami Beach skyline both day and night. This stunning 2-bedroom, 2.5-bath residence features a unique and desirable layout that distinguishes it from other units in the building.
Located on a high floor, this unit boasts floor-to-ceiling windows that flood the space with natural light, offering panoramic views of the water and city from every room. At night, witness the magic of Miami's skyline illuminated across the bay—truly a visual masterpiece.
Designed with elegance and functionality in mind, the unit offers an open-concept kitchen equipped with stainless steel appliances, along with spacious living and dining areas.
Marina Blue is one of the most sought-after buildings in Downtown Miami.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2014
Sold by
888 Biscayne 5407 Llc
Bought by
Velez Edgar and Moya Gabriela
Current Estimated Value
$878,064

Purchase Details

Closed on
Mar 20, 2013
Sold by
Jermoluk Thomas and Berendika Ivana
Bought by
888 Biscayne 5407 Llc

Purchase Details

Closed on
Mar 17, 2009
Sold by
Mist Towers Limited Partnership
Bought by
Jermoluk Thomas and Berendika Ivana
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Velez Edgar $660,000 Southern Title Group Inc
888 Biscayne 5407 Llc $575,000 Attorney
Jermoluk Thomas $200,000 Continental Title Services I
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 Rented $5,000 -3.8% --
10/28/2025 10/28/25 Under Contract -- -- --
10/09/2025 10/09/25 Price Changed $5,200 -3.7% $4 / Sq Ft
08/27/2025 08/27/25 For Rent $5,400 -3.6% --
08/15/2025 08/15/25 Price Changed $5,600 -3.4% $7 / Sq Ft
05/12/2025 05/12/25 Price Changed $5,800 0.0% $7 / Sq Ft
05/12/2025 05/12/25 For Rent $5,800 +24.7% --
04/09/2025 04/09/25 Off Market $4,650 -- --
03/07/2025 03/07/25 For Rent $4,650 0.0% --
01/10/2025 01/10/25 Off Market $4,650 -- --
12/17/2024 12/17/24 Price Changed $4,650 +24.0% $6 / Sq Ft
12/09/2024 12/09/24 Price Changed $3,750 -3.2% $4 / Sq Ft
11/25/2024 11/25/24 Price Changed $3,875 -22.5% $5 / Sq Ft
11/11/2024 11/11/24 For Rent $5,000 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,407 $689,937 -- --
2024 $13,534 $627,216 -- --
2023 $13,534 $570,197 $0 $0
2022 $11,395 $518,361 $0 $0
2021 $10,233 $471,238 $0 $0
2020 $9,769 $448,798 $0 $0
2019 $10,878 $498,664 $0 $0
2018 $10,678 $498,664 $0 $0
2017 $11,366 $524,910 $0 $0
2016 $11,702 $524,910 $0 $0
2015 $11,917 $524,910 $0 $0
2014 $12,155 $524,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Edgar Velez

    Realty 100

    (561) 774-7034

    Edgar Velez
    Section Image

  • P

    Seller Co-Listing Agent in 2025

    Pamela Moya Sosa

    Realty 100

    (954) 600-8451

    Pamela Moya Sosa
    Section Image
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About Marina Blue

Map

Florida Miami/Dade County Miami 33132 Park West

888 Biscayne Blvd Unit 5407, Miami, FL

Not Listed for Sale

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