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$364,000

Beds
1
Baths
1.5
sq ft
700

1605 Bay Rd Unit 503, Miami Beach, FL 33139

1605 Bay Rd Unit 503

Miami Beach, FL 33139

  • 3 days on market
This South Beach Gem checks all the boxes. A 700 sq ft, 1 bedroom, 1.5 bath condo with balcony, large walk-in closet, and Washer/Dryer in unit. Impact windows & doors. Secure building with covered parking space and Pool. The 40 year recertification is complete. Pets allowed. Renting allowed. Units rarely become available in this 32-unit boutique building located in the coveted and safe neighborhood of Bay Road & 16th Street, within walking distance to Sunset Harbour, Lincoln Rd, the West Ave Corridor, Trader Joe's, Fresh Market, the beach, the bay & more. No Assessments.

Details

Property type

Condominium

Est. home value

$380,408

Lot size

Unknown

Price per sq ft

$520

Year built

1982

Annual property taxes

$2,681

Monthly HOA fee

$555

Price History

12/18/2024
SEF

SEF #A11696064

Listed
$364,000
-2.91%
09/24/2024
SEF

SEF #A11469611

Removed
$374,900
09/24/2024
SEF

SEF #A11469611

Listed
$374,900

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

First Town Mortgage Corp

Loan start date

June 1997

Original loan amount

$62,900

Est. remaining balance

Not provided

Interest rate

8.08%

Loan type

New Conventional

Seller

Iramy M Garcia

Lender

First Town Mortgage Corp

Loan start date

June 1997

Original loan amount

$62,900

Est. remaining balance

Not provided

Interest rate

8.08%

Loan type

New Conventional

Seller

Iramy M Garcia

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?

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Status: Active

Tomo last checked: 12/22/2024 at 5:35 AM

Listing updated: 12/20/2024 at 6:15 PM

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

MLS: SEF #A11696064

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