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$628,000

Beds
2
Baths
2.0
sq ft
870

1621 Bay Rd Unit 506, Miami Beach, FL 33139

1621 Bay Rd Unit 506

Miami Beach, FL 33139

  • 200 days on market
    • Price drop $20,000↓
LOWEST PRICE IN BAYVIEW PLAZA AND TWO PARKING SPACES! Experience the luxury of a fully renovated designer apartment in Bayview Plaza, situated just half a block from Lincoln Road. Relish the alluring western views of the Miami Skyline, with a panorama of Biscayne Bay. This home boasts 2 bedrooms, 2 bathrooms, an open kitchen, wood tone ceramic flooring, in-unit washer/dryer, custom closets & built-ins throughout. It also features newer appliances, all complemented by a private balcony and 2 assigned parking spaces! Bayview Plaza is a boutique 78-unit building, offering a full suite of amenities including a pool, jacuzzi, gym, sauna, lounge with kitchen, and a bike room. It's pet-friendly and available for a private tour at your convenience. Don't Miss: Best Priced Home in Bayview Plaza

Details

Property type

Condominium

Est. home value

$561,968

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$722

Year built

1997

Annual property taxes

$5,375

HOA

Yes

Price History

11/05/2024
SEF

SEF #A11578945

Price change
$628,000
-3.09%
09/30/2024
SEF

SEF #A11578945

Price change
$648,000
-5.81%
05/06/2024
SEF

SEF #A11578945

Listed
$688,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

78

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

Washington Mutual Bank

Loan start date

January 1998

Original loan amount

$126,350

Est. remaining balance

Not provided

Interest rate

7.15%

Loan type

New Conventional

Seller

Michael Mendez

Lender

Washington Mutual Bank

Loan start date

January 1998

Original loan amount

$126,350

Est. remaining balance

Not provided

Interest rate

7.15%

Loan type

New Conventional

Seller

Michael Mendez

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: 11/22/2024 at 3:45 PM

Listing updated: 11/05/2024 at 10:50 AM

Listed by: Gary Feix, One Sotheby's International Realty Phone #: (305) 666-0562

MLS: SEF #A11578945

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