NOT LISTED FOR SALE

1401 Bay Rd, Unit 403 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $517,000 - $688,000

2 Beds
2 Baths
990 Sq Ft
1999 Built

Last Sold October 04, 2022

Last sale price $485,000 $490 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,963/month

Highlights

  • Intercom to Front Desk
  • Bay View
  • Balcony
  • Outdoor Pool
  • No HOA
  • Card or Code Access

About This Home

As of June 2024

2 BEDROOMS 2 BATH UNIT LOCATED IN THE HEART OF SOUTH BEACH. ONE ASSIGNED COVERED SPOT. WASHER AND DRYER IN UNIT. WALK TO LINCOLN ROAD, SHOPPING, RESTAURANTS AND MORE. CAN BE RENTED FURNISHED OR UNFURNISHED. PARTIAL WATER VIEW TO THE BAY.
.................................................................................
Call Barbara,


If there are any other properties that you'd like to know more about, please send me the addresses and I'll be happy to research them and provide you with additional information.
...
Barbara Barreiro
English-Spanish
...
Courtesy of Terrabella Realty

Last Agent to Rent the Property

Eric Stoller

Terrabella Realty License #0707934 Listed on: 04/15/2024

Last Renter's Agent

flavia lorenzi

Orange Realty Miami License #3437531

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,959

Year Built

  • Built in 1999

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 990 Sq Ft Home
  • Tile Flooring
  • Bay Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Property Available on 4/15/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-33-066-0110

Community Details

Overview

  • No Home Owners Association
  • The Sails Condo
  • The Sails Condo Subdivision
  • 5-Story Property

Amenities

  • Intercom to Front Desk

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Complex Is Fenced

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,959

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-04-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1999
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 5
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE SAILS CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Water Softener Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 990
  • Stories: 5

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • 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: Key Card Entry, Complex Fenced, Intercom In Lobby

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-33-066-0110
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
Sep 30, 2022
Sold by
1401 Vale Bay Llc
Bought by
Cohen Stephen
Seller's Agent
Valentino Maccarini
Intercapital Realty, Inc.
Buyer's Agent
Stephen Cohen
Trustee Realty Inc.
List Price
$545,000
Sold Price
$485,000
Premium/Discount to List
-$60,000
-11.01%
Current Estimated Value
$594,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,951
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Feb 15, 2017
Sold by
936 Penn Ave 201 Llc
Bought by
1401 Vale Bay Llc

Purchase Details

Closed on
Apr 30, 2015
Sold by
Colasanti Pietro
Bought by
936 Penn Ave 201 Llc

Purchase Details

Closed on
Dec 21, 2009
Sold by
West Kenneth
Bought by
Colasanti Pietro

Purchase Details

Closed on
Jul 3, 2006
Sold by
Endara Mathew and West Kenneth
Bought by
West Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,600
Interest Rate
6.68%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2006
Sold by
West Kenneth
Bought by
West Kenneth and Endara Mathhew

Purchase Details

Closed on
Mar 30, 2006
Sold by
West Kenneth and Tacao Gisela
Bought by
West Kenneth

Purchase Details

Closed on
Apr 30, 2003
Sold by
Caballero Gloria and Lambert Jose
Bought by
West Kenneth and Tacao Gisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2000
Sold by
Bay Road Venture Inc
Bought by
Caballero Gloria
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
Cohen Stephen $485,000 --
1401 Vale Bay Llc -- Attorney
936 Penn Ave 201 Llc -- Clear Title Group Llc
Colasanti Pietro $245,000 Attorney
West Kenneth -- C & C Title Agency Inc
West Kenneth -- Attorney
West Kenneth -- Attorney
West Kenneth $253,500 Homepartners Title Inc
Caballero Gloria $115,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner West Kenneth $357,600
Previous Owner West Kenneth $336,000
Previous Owner West Kenneth $20,000
Previous Owner West Kenneth $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 Off Market $4,000 -- --
03/13/2025 03/13/25 For Rent $4,000 0.0% --
12/17/2024 12/17/24 Off Market $4,000 -- --
11/14/2024 11/14/24 For Rent $4,000 +21.2% --
06/26/2024 06/26/24 Rented $3,300 -5.7% --
05/15/2024 05/15/24 Price Changed $3,499 -2.8% $4 / Sq Ft
04/29/2024 04/29/24 Price Changed $3,600 -5.3% $4 / Sq Ft
04/24/2024 04/24/24 Price Changed $3,800 -5.0% $4 / Sq Ft
04/15/2024 04/15/24 For Rent $4,000 0.0% --
10/04/2022 10/04/22 Sold $485,000 -8.5% $490 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $530,000 -2.8% $535 / Sq Ft
03/28/2022 03/28/22 For Sale $545,000 0.0% $551 / Sq Ft
07/16/2019 07/16/19 Rented $2,200 -6.4% --
06/24/2019 06/24/19 Under Contract -- -- --
06/01/2019 06/01/19 For Rent $2,350 +9.3% --
05/30/2017 05/30/17 Rented $2,150 -2.3% --
04/29/2017 04/29/17 Under Contract -- -- --
04/19/2017 04/19/17 Price Changed $2,200 -4.3% $2 / Sq Ft
04/17/2017 04/17/17 Price Changed $2,300 -2.1% $2 / Sq Ft
03/07/2017 03/07/17 Price Changed $2,350 -4.1% $2 / Sq Ft
01/14/2017 01/14/17 Price Changed $2,450 -3.9% $2 / Sq Ft
12/19/2016 12/19/16 For Rent $2,550 -- --
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 $8,959 $397,228 -- --
2024 $7,888 $459,175 -- --
2023 $7,888 $417,432 $0 $0
2022 $6,228 $322,586 $0 $0
2021 $5,784 $293,260 $0 $0
2020 $5,161 $266,600 $0 $0
2019 $5,872 $303,000 $0 $0
2018 $5,992 $318,672 $0 $0
2017 $5,779 $303,497 $0 $0
2016 $5,724 $294,657 $0 $0
2015 $4,702 $218,262 $0 $0
2014 -- $198,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2024

    Eric Stoller

    Terrabella Realty

    Section Image

  • f

    Tenant's Agent in 2024

    flavia lorenzi

    Orange Realty Miami

    2 in this area

    4 Total Sales

    flavia lorenzi
    Section Image

  • V

    Seller's Agent in 2022

    Valentino Maccarini

    Intercapital Realty, Inc.

    (786) 201-4385

    5 in this area

    14 Total Sales

    Valentino Maccarini
    Section Image

  • S

    Buyer's Agent in 2022

    Stephen Cohen

    Trustee Realty Inc.

    (305) 968-9442

    1 in this area

    2 Total Sales

    Stephen Cohen
    Section Image

  • C

    Seller's Agent in 2019

    Christian Parth

    MMLS Assoc.-Inactive Member

    Section Image

  • V

    Buyer's Agent in 2019

    Valeria McGough

    Brickell Brokers LLC

    (305) 438-7777

    1 in this area

    24 Total Sales

    Valeria McGough
    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11569515

MIAMI REALTORS® MLS

APN: 02-3233-066-0110

Florida Miami/Dade County Miami Beach 33139 Flamingo

1401 Bay Rd Unit 403, Miami Beach, FL

This home is located at 1401 Bay Rd Unit 403, Miami Beach, FL 33139 since 15 April 2024 and is currently priced at $594,951. This property was built in 1999. 1401 Bay Rd Unit 403 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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