NOT LISTED FOR SALE

1401 Bay Rd, Unit 313 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $548,000 - $664,000

2 Beds
2 Baths
990 Sq Ft
$496/ mo HOA Fee

Last Sold June 12, 2023

Last sale price $600,000 $606 Per Sq Ft

Current estimated payment $4,102/month

37 Days on Market

Highlights

  • Community Pool
  • 1 Car Attached Garage
  • Central Heating and Cooling System
  • Balcony
  • Views
  • Combination Dining and Living Room

About This Home

As of June 2023

Looking for luxury, convenience, and style in one package? Look no further. This stunning property boasts all the amenities you need to live your best life in the best location. From the moment you step inside, you'll be blown away by the attention to detail. This apartment features modern appliances, and sleek concrete floors. Whether you're hosting friends or just relaxing at home, you'll feel like royalty in this space. This well-maintained building offers pool plus sun deck, covered garage parking, low monthly HOA, security cameras and across the street dog park. And with a prime location just a few blocks away from the beach and some of Miami's best restaurants and nightlife, you'll never be bored. So if you're ready to live in style and comfort, this is the perfect choice for you.

Last Agent to Sell the Property

Paula Flores

Keller Williams Realty Miami Beach License #3233660 Listed on: 04/29/2023

Keller Williams Realty Miami Beach

Co-Listed By

Matthew Stevens

Serhant License #3014693

Last Buyer's Agent

Omar Bonnin

Prestige Realty Group, LLC License #3259468

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,181

Year Built

  • Built in 1999

HOA Fees

  • $496 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 990 Sq Ft Home
  • Combination Dining and Living Room
  • Concrete Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-066-0500

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Phone Entry
  • Complex Is Fenced

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,181

Year Built

Built in 1999

Lot Details

0 Sq Ft Lot

HOA Fees

$496 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Co List Office Mls Id: KWMB01
  • Co List Office Phone: 305-695-1112
  • Directions: Building is in the corner of Bay Rd and 14th. There is plenty of parking on the street. Please see seller disclosure attached.
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • 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, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 990
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: None, 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: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 496
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-066-0500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6181

Multi Family

  • Maintenance Expense: 496

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
Jun 12, 2023
Sold by
Birga Robert
Bought by
Portela Jose Antonio
Seller's Agent
Paula Flores
Keller Williams Realty Miami Beach
Buyer's Agent
Omar Bonnin
Prestige Realty Group, LLC
List Price
$590,000
Sold Price
$600,000
Premium/Discount to List
$10,000
1.69%
Views
37
Current Estimated Value
$600,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$861
Avg. Annual Appreciation
0.05%
Original Mortgage
$420,000
Outstanding Balance
$408,687
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$192,174

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 23, 2019
Sold by
Labreche Elliot
Bought by
Birga Robert
Seller's Agent
Reid Heidenry
One Sotheby's International Realty
Buyer's Agent
Michael Mustin
London Foster Realty
List Price
$470,000
Sold Price
$430,000
Premium/Discount to List
-$40,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$344,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2017
Sold by
Hamilton Lynn Labreche and Hamilton Peter L
Bought by
Labreche Elliot

Purchase Details

Listed on
Mar 16, 2015
Closed on
Oct 30, 2015
Sold by
Moraes Jose Carlos
Bought by
Hamilton Lynn Labreche and Hamilton Peter L
Seller's Agent
Frederico Garcia
MMLS Assoc.-Inactive Member
Buyer's Agent
Frederico Garcia
MMLS Assoc.-Inactive Member
List Price
$459,000
Sold Price
$377,500
Premium/Discount to List
-$81,500
-17.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$264,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2006
Sold by
Moraes Jose C and Jimenez Junior
Bought by
Moraes Jose Carlos

Purchase Details

Closed on
Jul 12, 2005
Sold by
Callen Justin
Bought by
Moraes Jose C and Jimenez Junior

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Brook Garrick
Bought by
Callen Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2000
Sold by
Bay Road Venture Inc
Bought by
Brook Garrick
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Portela Jose Antonio $600,000 None Listed On Document
Birga Robert $430,000 Attorney
Labreche Elliot -- Attorney
Hamilton Lynn Labreche $377,500 Attorney
Moraes Jose Carlos -- Attorney
Moraes Jose C $360,000 --
Callen Justin $295,000 Columbia Title Agency Inc
Brook Garrick $118,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portela Jose Antonio $420,000
Previous Owner Birga Robert $344,000
Previous Owner Hamilton Lynn Labreche $264,250
Previous Owner Moraes Jose C $324,000
Previous Owner Callen Justin $280,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2023 06/12/23 Sold $600,000 +1.7% $606 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $590,000 +37.2% $596 / Sq Ft
06/05/2019 06/05/19 Sold $430,000 -8.5% $434 / Sq Ft View Prior Sale
05/15/2019 05/15/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $470,000 +24.5% $475 / Sq Ft
10/29/2015 10/29/15 Sold $377,500 -10.7% $381 / Sq Ft View Prior Sale
08/18/2015 08/18/15 Pending -- -- --
05/18/2015 05/18/15 Price Changed $422,500 -8.0% $427 / Sq Ft
03/16/2015 03/16/15 For Sale $459,000 0.0% $464 / Sq Ft
06/09/2014 06/09/14 Rented $2,500 0.0% --
06/09/2014 06/09/14 For Rent $2,500 +19.0% --
04/05/2012 04/05/12 Rented $2,100 -12.5% --
03/06/2012 03/06/12 Under Contract -- -- --
01/04/2012 01/04/12 For Rent $2,400 -- --
Source: MIAMI REALTORS® MLS

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 $5,757 $357,649 -- --
2024 $7,070 $347,570 -- --
2023 $7,070 $352,581 $0 $0
2022 $6,181 $320,529 $0 $0
2021 $5,740 $291,390 $0 $0
2020 $5,128 $264,900 $0 $0
2019 $5,043 $301,000 $0 $0
2018 $5,185 $316,768 $0 $0
2017 $5,745 $301,684 $0 $0
2016 $5,635 $290,081 $0 $0
2015 $4,629 $214,874 $0 $0
2014 $3,969 $195,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Flores

    Seller's Agent in 2023

    Paula Flores

    Keller Williams Realty Miami Beach

    (305) 213-7356

    6 in this area

    64 Total Sales

    Paula Flores
    Section Image
  • Matthew Stevens

    Seller Co-Listing Agent in 2023

    Matthew Stevens

    Serhant

    (305) 781-0940

    5 in this area

    39 Total Sales

    Matthew Stevens
    Section Image

  • O

    Buyer's Agent in 2023

    Omar Bonnin

    Prestige Realty Group, LLC

    (786) 473-0234

    1 in this area

    26 Total Sales

    Omar Bonnin
    Section Image
  • Reid Heidenry

    Seller's Agent in 2019

    Reid Heidenry

    One Sotheby's International Realty

    (305) 942-7302

    6 in this area

    75 Total Sales

    Reid Heidenry
    Section Image
  • Burton Wilkins

    Seller Co-Listing Agent in 2019

    Burton Wilkins

    One Sotheby's International Realty

    (609) 513-2500

    197 Total Sales

    Burton Wilkins
    Section Image
  • Michael Mustin

    Buyer's Agent in 2019

    Michael Mustin

    London Foster Realty

    (610) 574-6779

    2 in this area

    13 Total Sales

    Michael Mustin
    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11378662

MIAMI REALTORS® MLS

APN: 02-3233-066-0500

Florida Miami/Dade County Miami Beach 33139 Flamingo

1401 Bay Rd Unit 313, Miami Beach, FL

Not Listed for Sale

Condos

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