tomo logo

$575,000

Beds
1
Baths
1.0
sq ft
727

1500 Bay Rd Unit 918S, Miami Beach, FL 33139

1500 Bay Rd Unit 918S

Miami Beach, FL 33139

  • 79 days on market
    • Price drop $14,000↓
Discover a rare find in Miami Beach's Flamingo Point community—a fully renovated 1-bedroom unit with stunning views of downtown Miami and Biscayne Bay. Enjoy modern luxury with premium materials, 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-round.

Details

Property type

Condominium

Est. home value

$446,287

Lot size

Unknown

Price per sq ft

$791

Year built

1960

Annual property taxes

$5,662

Monthly HOA fee

$1,105

Price History

06/27/2024
SEF

SEF #A11573082

Price change
$575,000
-2.38%
06/17/2024
SEF

SEF #A11573082

Price change
$589,000
-1.67%
04/26/2024
SEF

SEF #A11573082

Listed
$599,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Acreage Pines

Middle school: 

Allapattah

High school: 

Academic Solutions

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

Np Inc

Loan start date

December 2021

Original loan amount

$196,000

Est. remaining balance

$185,684

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Igor Pesin

Lender

Np Inc

Loan start date

December 2021

Original loan amount

$196,000

Est. remaining balance

$185,684

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Igor Pesin

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: 07/07/2024 at 6:15 PM

Listing updated: 06/27/2024 at 11:44 AM

Listed by: Jose Kamga, Flamingo Point Realty, Inc Phone #: (305) 608-0598

MLS: SEF #A11573082

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