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$1,495,000

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

  • 19 days on market
Discover a rare gem: a stunning 3-bedroom corner unit with breathtaking direct western bay views for the ultimate sunsets. Spanning over 2,000 square feet, this spacious, renovated condo is perfect for those looking to call it home or generate rental income with the building's 30-day short-term rental policy. Located in the highly sought-after Flamingo, South Beach's premier address, you'll be within walking distance to Sunset Harbour, multiple grocery stores, and shopping on Lincoln Road. The property also offers the flexibility of short-term rentals, a full-size washer and dryer within the unit, and a private parking spot conveniently located in the building. Gym memberships are included with purchase. Don’t miss out on this exceptional opportunity!

Details

Property type

Condominium

Est. home value

$1,448,787

Lot size

Unknown

Price per sq ft

$737

Year built

1960

Annual property taxes

$21,341

HOA

Yes

Price History

12/03/2024
SEF

SEF #A11703114

Listed
$1,495,000
-0.99%
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: 12/22/2024 at 8:40 PM

Listing updated: 12/03/2024 at 6:06 PM

Listed by: Jared Robins, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11703114

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