NOT LISTED FOR SALE

1401 Bay Rd, Unit 311 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $578,000 - $754,000

2 Beds
2 Baths
1,040 Sq Ft
$313/mo HOA Fee

Last Sold May 12, 2014

Last sale price $440,000 $423 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,347/month

64 Days on Market

Highlights

  • Intercom to Front Desk
  • Balcony
  • Walk-In Closet
  • Community Pool
  • 2 Car Attached Garage
  • Views

About This Home

As of May 2014

Only unit for sale in building. Newer, boutique building in great Miami Beach neighborhood. Spectacular 2/2 with many high-end upgrades: slate floors, stainless steel appliances, granite countertops, washer & dryer in unit, large balcony. Low maintenance (only $313). 2 parking spaces. Pet friendly. Tropical South Beach living. Walking distance to Lincoln Rd, Epicure, stores, restaurants, grocery & beach. Gorgeous! Will not last.

Last Agent to Sell the Property

Randi Applebaum

Coldwell Banker Realty License #3028070 Listed on: 02/18/2014

Coldwell Banker Realty

Last Buyer's Agent

Rick Rabel

West Avenue Realty License #3073147

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,842

Year Built

  • Built in 1999

HOA Fees

  • $313 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,040 Sq Ft Home
  • Slate Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Home Security System

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-066-0420

Community Details

Overview

  • The Sails Condo
  • The Sails Condo Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Additional Features

  • Intercom to Front Desk
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,842

Year Built

Built in 1999

Lot Details

0

HOA Fees

$313 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: ALTON RD TO 14 ST, TAKE BAY RD JUST PAST WEST AVE.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE SAILS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Slate
  • Furnished: Unfurnished
  • Living Area: 1040
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE SAILS CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 313
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-066-0420
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 313

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
May 4, 2014
Sold by
Ricatti Jennifer and Milligan Joseph James
Bought by
Acosta Angeles
Seller's Agent
Randi Applebaum
Coldwell Banker Realty
Buyer's Agent
Rick Rabel
West Avenue Realty
List Price
$499,999
Sold Price
$440,000
Premium/Discount to List
-$59,999
-12%
Current Estimated Value
$650,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,879
Avg. Annual Appreciation
3.24%
Original Mortgage
$330,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2004
Sold by
Perez Raynier
Bought by
Ricatti Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,200
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2000
Sold by
Bay Road Venture Inc
Bought by
Perez Raynier
Source: Public Records

Range of Values:

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Average Value
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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
Acosta Angeles $440,000 Attorney
Ricatti Jennifer $278,000 --
Perez Raynier $152,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Angeles $291,000
Closed Acosta Angeles $330,000
Previous Owner Ricatti Jennifer $233,000
Previous Owner Ricatti Jennifer $241,500
Previous Owner Ricatti Jennifer $250,200
Previous Owner Perez Raynier $114,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2014 05/12/14 Sold $440,000 -9.3% $423 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
03/28/2014 03/28/14 Price Changed $485,000 -3.0% $466 / Sq Ft
02/18/2014 02/18/14 For Sale $499,999 -- $481 / Sq Ft
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 $5,638 $351,166 -- --
2024 $5,484 $341,270 -- --
2023 $5,484 $331,331 $0 $0
2022 $5,269 $321,681 $0 $0
2021 $5,240 $312,312 $0 $0
2020 $5,173 $308,000 $0 $0
2019 $5,330 $315,803 $0 $0
2018 $5,056 $309,915 $0 $0
2017 $5,003 $303,541 $0 $0
2016 $4,987 $297,298 $0 $0
2015 $6,128 $309,310 $0 $0
2014 $3,839 $229,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Randi Applebaum

    Coldwell Banker Realty

    (305) 588-7533

    3 Total Sales

    Section Image
  • Rick Rabel

    Buyer's Agent in 2014

    Rick Rabel

    West Avenue Realty

    (305) 989-0436

    3 in this area

    44 Total Sales

    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1909323

MIAMI REALTORS® MLS

APN: 02-3233-066-0420

Florida Miami/Dade County Miami Beach 33139 Flamingo

1401 Bay Rd Unit 311, Miami Beach, FL

This home is located at 1401 Bay Rd Unit 311, Miami Beach, FL 33139 since 18 February 2014 and is currently estimated at $646,218, approximately $621 per square foot. This property was built in 1999. 1401 Bay Rd Unit 311 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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