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$514,999

Beds
1
Baths
1.0
sq ft
731

1500 Bay Rd Unit 364S, Miami Beach, FL 33139

1500 Bay Rd Unit 364S

Miami Beach, FL 33139

  • 132 days on market
AIRBNB CERTIFIED! Experience the ultimate Miami Beach lifestyle in this luxurious one-bedroom, one-bathroom apartment at the famous Flamingo condo building. Enjoy stunning bay views, modern layouts, a high-end kitchen, and a private balcony. The Flamingo offers two pools, a gym, pet services, and 24-hour security. Investors will love the 30-day rental policy, allowing 12 rentals per year, with an impressive annual income potential of $68,000 or $6,000 per month. Additional amenities include a private beach, diverse dining options, poolside service, business centers, co-working spaces, a sauna, playground, dog parks, picnic area, boating facilities, and a stylish lounge. This residence promises a luxurious, vibrant, and convenient South Beach lifestyle. Don't miss this opportunity!

Details

Property type

Condominium

Est. home value

$537,430

Lot size

Unknown

Price per sq ft

$705

Year built

1960

Annual property taxes

$5,048

Monthly HOA fee

$1,070

Price History

07/13/2024
Beaches

Beaches #R10996842

Removed
$515,000
07/13/2024
Beaches

Beaches #R11004065

Listed
$514,999
07/10/2024
Beaches

Beaches #R10996842

Price change
$515,000
+3%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

A&D Mortgage Llc

Loan start date

September 2022

Original loan amount

$318,500

Est. remaining balance

$308,965

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Gerhard Paul Karl Urbasch and Natalie Jouvenal

Lender

A&D Mortgage Llc

Loan start date

September 2022

Original loan amount

$318,500

Est. remaining balance

$308,965

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Gerhard Paul Karl Urbasch and Natalie Jouvenal

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 10:50 AM

Listing updated: 09/30/2024 at 5:22 PM

Listed by: Rich Lemon, Serhant Phone #: (561) 929-7999

MLS: Beaches #R11004065

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