tomo logo

$450,000

Beds
2
Baths
2.0
sq ft
995

1605 Bay Rd Unit 202, Miami Beach, FL 33139

1605 Bay Rd Unit 202

Miami Beach, FL 33139

  • 40 days on market
    • Price drop $35,000↓
Miami Beach Living at its best! Spacious 2-bedroom, 2-bathroom unit in a prime Miami Beach location, offering abundant natural light at an attractive price! Perfectly situated within walking distance to the beach, trendy restaurants, Whole Foods, and Trader Joe's. Enjoy close proximity to iconic hotspots like South Beach, Lincoln Road, and Ocean Drive. The unit features a private balcony, hurricane-impact windows, and an in-unit washer/dryer for added convenience. Includes one assigned parking space. Currently rented for $2,900 per month until April 30, 2025.

Details

Property type

Condominium

Est. home value

$479,560

Lot size

Unknown

Price per sq ft

$453

Year built

1982

Annual property taxes

$7,780

Monthly HOA fee

$728

Price History

01/06/2025
SEF

SEF #A11712567

Price change
$450,000
-7.22%
12/20/2024
SEF

SEF #A11712567

Listed
$485,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

32

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

Ctx Mortgage Co

Loan start date

March 1998

Original loan amount

$94,600

Est. remaining balance

Not provided

Interest rate

6.99%

Loan type

New Conventional

Seller

Thomas E Thielen

Lender

Ctx Mortgage Co

Loan start date

March 1998

Original loan amount

$94,600

Est. remaining balance

Not provided

Interest rate

6.99%

Loan type

New Conventional

Seller

Thomas E Thielen

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?

Similar Homes Nearby

SEF
$429,000
2 bd
|
2 ba
|
880 sq ft
|
Condo

1673 Bay Rd Unit 405, Miami Beach, FL 33139

SEF
$460,000
2 bd
|
1.5 ba
|
1,071 sq ft
|
Condo

1345 West Ave Unit 404, Miami Beach, FL 33139

SEF
$450,000
2 bd
|
2 ba
|
695 sq ft
|
Condo

1300 Alton Rd Unit 3C, Miami Beach, FL 33139

Status: Active

Tomo last checked: 01/31/2025 at 2:10 AM

Listing updated: 01/06/2025 at 11:50 AM

Listed by: Clarisa Banus PA, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11712567

SEF logo