NOT LISTED FOR SALE

1401 Bay Rd, Unit 304 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $517,000 - $606,000

2 Beds
2 Baths
990 Sq Ft
1999 Built

Last Sold September 17, 2021

Last sale price $425,000 $429 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,762/month

Highlights

  • Intercom to Front Desk
  • Furnished
  • Card or Code Access
  • Above Ground Pool
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2023

Located in one of the best South Beach location! The Sails is a modern 5-story boutique building on a quiet street steps from Biscayne Bay, Flamingo Park and minutes from Lincoln Rd and the Beach. This recently remodeled spacious 2 bed / 2 bath unit has an assigned parking space. This unit features an open kitchen, washer/dryer, ample closet space. Shop at Trader Joe’s, Whole Foods, or Publix. Easy access to downtown Miami and
beyond via the Venetian Causeway or MacArthur Causeway. The Sails is a condominium with a secure entrance, elevator, pool area and sun deck. UNIT COMES FURNISHED, READY TO MOVE-IN!!

Last Agent to Rent the Property

Abraham Santiago

US Venture Partners Corp License #3300627 Listed on: 10/15/2023

Last Renter's Agent

Meredith Tobin

XLS Realty LLC License #3124283

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,410

Year Built

  • Built in 1999

Parking

  • 1 Car Garage

Interior Spaces

  • 990 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Above Ground Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 10/15/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-33-066-0140

Community Details

Overview

  • No Home Owners Association
  • The Sails Condo
  • The Sails Condo Subdivision

Amenities

  • Intercom to Front Desk
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,410

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-10-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Directions: Please us GPS
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE SAILS CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Furnished
  • Living Area: 990

Exterior Features

  • Pool Features: Above Ground, Private
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE SAILS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Parking Garage

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s)
  • Association: No

Lot Info

  • Parcel Number: 02-32-33-066-0140
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 13, 2021
Sold by
Patino April Renee and Sauls April
Bought by
Hernandez Erika Giovanna Pacheco
Seller's Agent
Geane Brito
Compass Florida, LLC
Buyer's Agent
Milena Spasojevic
LoKation
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$566,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,185
Avg. Annual Appreciation
9.00%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Erika Giovanna Pacheco $425,000 Affiliated Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tambor April $300,000
Previous Owner Tambor Matthew $57,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $3,600 0.0% --
11/21/2023 11/21/23 Under Contract -- -- --
11/02/2023 11/02/23 For Rent $3,600 0.0% --
10/30/2023 10/30/23 Under Contract -- -- --
10/15/2023 10/15/23 For Rent $3,600 0.0% --
09/17/2021 09/17/21 Sold $425,000 0.0% $429 / Sq Ft
04/12/2021 04/12/21 Price Changed $425,000 0.0% $429 / Sq Ft
01/19/2021 01/19/21 Rented $2,500 +4.2% --
11/12/2020 11/12/20 For Rent $2,400 0.0% --
08/03/2020 08/03/20 For Sale $450,000 0.0% $455 / Sq Ft
09/01/2019 09/01/19 Rented $2,250 -4.3% --
08/19/2019 08/19/19 Under Contract -- -- --
07/01/2019 07/01/19 For Rent $2,350 +11.9% --
06/15/2018 06/15/18 Rented $2,100 0.0% --
05/30/2018 05/30/18 Under Contract -- -- --
05/07/2018 05/07/18 Price Changed $2,100 -4.5% $2 / Sq Ft
04/05/2018 04/05/18 Price Changed $2,200 +219900.0% $2 / Sq Ft
04/05/2018 04/05/18 For Rent $1 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,410 $393,353 -- --
2024 $7,391 $416,804 -- --
2023 $7,391 $378,913 $0 $0
2022 $6,472 $344,467 $0 $0
2021 $5,727 $290,400 $0 $0
2020 $5,111 $264,000 $0 $0
2019 $5,814 $300,000 $0 $0
2018 $5,608 $316,173 $0 $0
2017 $5,263 $262,033 $0 $0
2016 $5,023 $238,212 $0 $0
2015 $4,665 $216,557 $0 $0
2014 $4,000 $196,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Abraham Santiago

    Landlord's Agent in 2023

    Abraham Santiago

    US Venture Partners Corp

    (786) 389-4955

    22 Total Sales

    Abraham Santiago
    Section Image

  • M

    Tenant's Agent in 2023

    Meredith Tobin

    XLS Realty LLC

    Section Image
  • Geane Brito

    Seller's Agent in 2021

    Geane Brito

    Compass Florida, LLC

    (917) 653-6429

    2 in this area

    126 Total Sales

    Geane Brito
    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Elizabeth Atlan

    Compass Florida, LLC

    (305) 405-0615

    2 in this area

    6 Total Sales

    Elizabeth Atlan
    Section Image
  • Reid Heidenry

    Buyer's Agent in 2021

    Reid Heidenry

    One Sotheby's International Re

    (305) 942-7302

    6 in this area

    87 Total Sales

    Reid Heidenry
    Section Image

  • M

    Buyer's Agent in 2021

    Milena Spasojevic

    LoKation Real Estate

    (305) 904-9265

    1 in this area

    11 Total Sales

    Milena Spasojevic
    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11469757

MIAMI REALTORS® MLS

APN: 02-3233-066-0140

Florida Miami/Dade County Miami Beach 33139 Flamingo

1401 Bay Rd Unit 304, Miami Beach, FL

This home is located at 1401 Bay Rd Unit 304, Miami Beach, FL 33139 since 15 October 2023 and is currently priced at $566,185. This property was built in 1999. 1401 Bay Rd Unit 304 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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