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$680,000

Beds
2
Baths
2.0
sq ft
1,067

1500 Bay Rd Unit 462S, Miami Beach, FL 33139

1500 Bay Rd Unit 462S

Miami Beach, FL 33139

  • <1 day on market
Experience resort-style living at The Flamingo South Beach. This stunning 2-bed, 2-bath condo offers breathtaking bay views and gorgeous sunsets from the balcony, perfect for working from home. Currently rented by great tenants until August 31st for $4,000. Located in prime South Beach, the building boasts a variety of amenities: 24-hour security, a state-of-the-art gym, multiple pools/spas, a restaurant, a dog park, and more. Residents also enjoy a rare parking spot and the option for monthly rentals up to 12 times a year. Enjoy the lush gardens, bayfront pools, sandy beach, Jacuzzi, fitness center, spa, and bay walk within the expansive 17-acre complex. Within walking distance to Lincoln Road shops, restaurants, and the beach, this is the perfect condo to live in, rent out, or do both!

Details

Property type

Condominium

Est. home value

$543,734

Lot size

Unknown

Price per sq ft

$638

Year built

1960

Annual property taxes

$6,920

Monthly HOA fee

$1,550

Price History

02/24/2025
SEF

SEF #A11751037

Listed
$680,000
10/30/2024
SEF

SEF #A11598621

Removed
$680,000
06/05/2024
SEF

SEF #A11598621

Listed
$680,000
+21.66%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Grupo Tulin Inc

Loan start date

August 2023

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial, 5 year

Seller

Sergio Alvarez Vicuna

Lender

Grupo Tulin Inc

Loan start date

August 2023

Original loan amount

$120,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial, 5 year

Seller

Sergio Alvarez Vicuna

Lender

Nationstar Mortgage Llc

Loan start date

September 2012

Original loan amount

$188,930

Est. remaining balance

Not provided

Interest rate

3.49%

Loan type

Seller take-back, 30 year

Seller

Sergio Alvarez Vicuna

Lender

Nationstar Mortgage Llc

Loan start date

September 2012

Original loan amount

$188,930

Est. remaining balance

Not provided

Interest rate

3.49%

Loan type

Seller take-back, 30 year

Seller

Sergio Alvarez Vicuna

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: 02/24/2025 at 7:15 PM

Listing updated: 02/24/2025 at 4:40 PM

Listed by: Maria Lopez Pulido, Property Partners RE LLC Phone #: (786) 794-3012

MLS: SEF #A11751037

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