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Map
$821,918*
●
Condo -
Off Market
1601 Bay Rd #4
Miami Beach, FL 33139
3 Beds
2 Baths
1220 Sqft
$423,000 - $515,000
Reference Base Price*
75.25%
Since Aug 1, 2019
FL-Miami
Primary Model
About This Property
Yes it really has 3 bedrooms plus Den and the maintenance fee is
only $562 per month. Being sold with a tenant paying $3,300 per
month until July 2019. Tenant wants to stay another year at same
price. These numbers result in an estimated (not guaranteed) ROI
return on investment CAP rate of between 5% and 6% (assuming no
mortgage). Building has already done significant repairs and
renovations and SELLER will pay any outstanding assessment. Unit
was renovated a few years ago with all new everything including
hurricane windows, marble floors and granite kitchen. 1 Block from
Lincoln Road and very close to the best beaches in South Beach.
Designated parking spot! Washer/Dryer in the unit, high ceilings,
central AC. Pets ok. BEST LOCATION AND ONLY GETTING BETTER!
The manager has listed the unit size as 1220 square feet.
The manager has listed the unit size as 1220 square feet.
Unit Size
1,220Ft²
Days on Market
-
Land Size
-
Price per sqft
$384
Property Type
Condo
Property Taxes
$361
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jul 12, 2019 | No longer available | - | |
No longer available | |||
Apr 17, 2019 | Price Decreased |
$469,000
↓ $26K
(5.3%)
|
|
Price Decreased | |||
Mar 7, 2019 | Listed | $495,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
2
Beds
2
Baths
1,150 ft²
$443/ft²
$510,000
Dec 29, 2022
-
$1,000/mo
In Contract
Condo
2
Beds
2
Baths
1,052 ft²
$456/ft²
$480,000
Jul 26, 2022
-
$1,457/mo
In Contract
Condo
2
Beds
2
Baths
890 ft²
$504/ft²
$449,000
Jan 10, 2023
-
$810/mo
Active
Condo
2
Beds
1.5
Baths
820 ft²
$523/ft²
$429,000
Jan 11, 2023
-
$802/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/06/2020
|
3 Bed
|
2 Bath
|
-
|
$399,900
3 Bed
2 Bath
|
$386,000
-3.48%
01/25/2021
|
Marcelo Steinmander
BHHS EWM Realty
|
||
03/07/2019
|
3 Bed
|
2 Bath
|
1220 ft²
|
$495,000
3 Bed
2 Bath
1220 ft²
|
-
-
|
-
|
Gleb Klioner
One Sotheby's International Realty
|
Building Info
About West Avenue
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