tomo logo

$1,489,000

Beds
3
Baths
3.0
sq ft
2,029

1500 Bay Rd Unit 714S, Miami Beach, FL 33139

1500 Bay Rd Unit 714S

Miami Beach, FL 33139

  • 3 days on market
Luxury Living & Unmatched Value at Flamingo Point! Seize this rare chance to own a stunning 3BR, 3 Bath corner unit, with breathtaking direct bay views, delivering unforgettable sunsets every evening. At 2,029 Sq Ft, this spacious, fully renovated condo is perfect as your dream home or a high-income rental investment--with 30-day short-term rentals allowed! Flamingo Point has transformed into one of the most desirable residences in South Beach, especially for families. Once known for its party vibe, it has evolved into a vibrant, family-friendly community featuring a dedicated kids' room and a lively weekend pool scene where kids effortlessly find friends--no playdates needed!

Details

Property type

Condominium

Est. home value

$1,448,787

Lot size

Unknown

Price per sq ft

$734

Year built

1960

Annual property taxes

$3,743

Monthly HOA fee

$3,743

Price History

03/27/2025
Beaches

Beaches #R11075659

Listed
$1,489,000
-6.35%
12/05/2024
SEF

SEF #A11635702

Removed
$1,590,000
08/07/2024
SEF

SEF #A11635702

Listed
$1,590,000
+5.3%

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

Northstar Mortgage Investments Inc

Loan start date

December 2022

Original loan amount

$755,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Balloon, 3 year

Seller

Elena B Bulatova and Efraim Mashiah

Lender

Northstar Mortgage Investments Inc

Loan start date

December 2022

Original loan amount

$755,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Balloon, 3 year

Seller

Elena B Bulatova and Efraim Mashiah

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: 03/31/2025 at 7:55 AM

Listing updated: 03/27/2025 at 10:56 PM

Listed by: Alexey Kogan, Florida Listings Real Estate Phone #: (954) 887-9860

MLS: Beaches #R11075659

Beaches logo