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$1,590,000

Beds
3
Baths
2.5
sq ft
2,029

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

1500 Bay Rd Unit 714S

Miami Beach, FL 33139

  • 60 days on market
Step into luxury living at its finest with this exquisite 3-bedroom corner unit offering panoramic western bay views that will take your breath away. Spanning over 2,000 SF, this meticulously renovated condo is a true gem, perfect for those seeking a sophisticated urban oasis or an investment opportunity with the building's lucrative 30-day short-term rental policy. Nestled in the prestigious Flamingo building, South Beach's premier address, this property boasts unparalleled convenience with proximity to Sunset Harbour, upscale shops, and gourmet dining on Lincoln Road. The unit features modern amenities such as a full-size washer and dryer for added convenience, along with a private parking spot for hassle-free city living.

Details

Property type

Condominium

Est. home value

$1,448,787

Lot size

Unknown

Price per sq ft

$784

Year built

1960

Annual property taxes

$21,341

HOA

Yes

Price History

08/07/2024
SEF

SEF #A11635702

Listed
$1,590,000
+5.3%
12/16/2022
SEF

SEF #A11228454

Sold
$1,510,000
+105.44%
12/31/2021
SEF

SEF #A11124347

Sold
$735,000

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

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: 10/06/2024 at 10:20 AM

Listing updated: 09/30/2024 at 5:43 PM

Listed by: Jared Robins, One Sotheby's International Re Phone #: (240) 832-5024

MLS: SEF #A11635702

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