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$432,000

Beds
1
Baths
1.0
sq ft
737

1500 Bay Rd Unit 608S, Miami Beach, FL 33139

1500 Bay Rd Unit 608S

Miami Beach, FL 33139

  • 33 days on market
    • Price drop $200,000↓
Discover a rare find in Miami Beach's Flamingo Point community—a fully renovated 1-bedroom unit stylish lighting, kitchen with stainless steel appliances, washer/dryer, and an upgraded bathroom. Delight in amenities like a fitness center,resort-style pools, tropical garden, sunset yoga, dog play area, business center and 24/7 valet. Explore on-site establishments: "La Piscine" restaurant, "Bebito's" coffee shop, "Yafit" store, "Doggie VIP" spa, "Rejuvaline MedSpa" and "Pura Vida" organic restaurant. Flamingo Point provides a unique investment opportunity, allowing short-term rentals (30 days mini) via platforms like Airbnb and VRBO. Benefit from flexibility and generate income year- around short-term renta

Details

Property type

Condominium

Est. home value

$405,488

Lot size

Unknown

Price per sq ft

$587

Year built

1960

Annual property taxes

$4,993

Monthly HOA fee

$1,121

Price History

05/31/2024
SEF

SEF #A11598645

Price change
$432,000
-31.65%
05/31/2024
SEF

SEF #A11598645

Listed
$632,000
+97.5%
09/08/2022
SEF

SEF #A11168976

Sold
$320,000
+23.08%

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

Caliber Home Loans Inc

Loan start date

September 2022

Original loan amount

$240,000

Est. remaining balance

$227,937

Interest rate

5.54%

Loan type

New Conventional, 20 year

Seller

Norma San Juan

Lender

Caliber Home Loans Inc

Loan start date

September 2022

Original loan amount

$240,000

Est. remaining balance

$227,937

Interest rate

5.54%

Loan type

New Conventional, 20 year

Seller

Norma San Juan

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: 07/02/2024 at 8:05 PM

Listing updated: 05/31/2024 at 11:04 PM

Listed by: Anet Chamizo Gomez, The Canero Group Phone #: (305) 444-5004

MLS: SEF #A11598645

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