NOT LISTED FOR SALE

1401 Bay Rd, Unit 412 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $532,000 - $711,000

2 Beds
2 Baths
990 Sq Ft
1999 Built

Last Sold June 20, 2017

Last sale price $415,000 $419 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,869/month

Highlights

  • In Ground Pool
  • Ceramic Tile Flooring
  • 1 Car Garage
  • No HOA

About This Home

As of July 2024

Incredible spacious 2 Bedroom 2 bathroom condo very spacious with balcony overlooking tropical single family houses. Quiet residential neighborhood in the heart of South Beach. Walking distance to Lincoln Rd. only 3 blocks away. Nearby restaurants, bars, etc. Beautiful Kitchen with Stainless Steel appliances. Lots of Closet space. Gated community and covered assigned parking. Boutique building with only 52 Units. Washer and Dryer inside the unit. Amenities includes swimming pool.

Last Agent to Rent the Property

Francis Hawley

Fortune International Realty License #3327034 Listed on: 05/16/2024

Fortune International Realty

Last Renter's Agent

Carlos Escoto

Douglas Elliman License #3294272

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,136

Year Built

  • Built in 1999

Parking

  • 1 Car Garage

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 990 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Listing and Financial Details

  • Property Available on 6/1/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-33-066-0470

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,136

Year Built

Built in 1999

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-06-01
  • 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
  • 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: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 990
  • Stories: 5

Exterior Features

  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE SAILS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-33-066-0470
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2017
Closed on
Jun 20, 2017
Sold by
Charles Kelly N D
Bought by
Auremik Llc
Seller's Agent
Kelly Charles
MMLS Assoc.-Inactive Member
Buyer's Agent
Ruth R.Johnson
Florida Realty of Miami Corp
List Price
$445,000
Sold Price
$415,000
Premium/Discount to List
-$30,000
-6.74%
Current Estimated Value
$609,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,807
Avg. Annual Appreciation
4.71%

Purchase Details

Closed on
Nov 10, 2009
Sold by
Rode Miguel
Bought by
Charles Kelly N D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2001
Sold by
Bay Road Venture Inc
Bought by
Carrillo Enrique A
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
Auremik Llc $415,000 Clear Title Services Inc
Charles Kelly N D $250,000 Attorney
Carrillo Enrique A $118,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Charles Kelly N D $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2024 07/10/24 Rented $3,200 -5.9% --
06/15/2024 06/15/24 Under Contract -- -- --
05/16/2024 05/16/24 For Rent $3,400 +54.5% --
08/01/2019 08/01/19 Rented $2,200 -15.4% --
07/08/2019 07/08/19 Under Contract -- -- --
06/27/2019 06/27/19 For Rent $2,600 +8.3% --
04/23/2019 04/23/19 Rented $2,400 -4.0% --
04/09/2019 04/09/19 Under Contract -- -- --
04/02/2019 04/02/19 Price Changed $2,500 -3.8% $3 / Sq Ft
01/28/2019 01/28/19 For Rent $2,600 +8.3% --
07/01/2018 07/01/18 Rented $2,400 0.0% --
06/12/2018 06/12/18 Under Contract -- -- --
06/04/2018 06/04/18 For Rent $2,400 0.0% --
06/20/2017 06/20/17 Sold $415,000 -6.7% $419 / Sq Ft View Prior Sale
05/29/2017 05/29/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $445,000 0.0% $449 / Sq Ft
06/21/2016 06/21/16 Rented $2,500 0.0% --
06/10/2016 06/10/16 Price Changed $2,500 -3.8% $3 / Sq Ft
06/02/2016 06/02/16 Price Changed $2,600 -3.7% $3 / Sq Ft
05/26/2016 05/26/16 Price Changed $2,700 +8.0% $3 / Sq Ft
05/22/2016 05/22/16 Price Changed $2,500 -3.8% $3 / Sq Ft
05/16/2016 05/16/16 Price Changed $2,600 -7.1% $3 / Sq Ft
04/19/2016 04/19/16 For Rent $2,800 0.0% --
04/28/2015 04/28/15 Rented $2,800 +3.7% --
04/28/2015 04/28/15 For Rent $2,700 -- --
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 $8,136 $397,167 -- --
2024 $7,139 $391,646 -- --
2023 $7,139 $356,042 $0 $0
2022 $6,241 $323,675 $0 $0
2021 $5,796 $294,250 $0 $0
2020 $5,179 $267,500 $0 $0
2019 $5,891 $304,000 $0 $0
2018 $6,014 $319,814 $0 $0
2017 $3,078 $202,443 $0 $0
2016 $3,063 $198,280 $0 $0
2015 $3,101 $196,902 $0 $0
2014 $3,152 $195,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Francis Hawley

    Landlord's Agent in 2024

    Francis Hawley

    Fortune International Realty

    (786) 395-1414

    10 Total Sales

    Francis Hawley
    Section Image
  • Carlos Escoto

    Tenant's Agent in 2024

    Carlos Escoto

    Douglas Elliman

    (305) 728-2444

    1 in this area

    22 Total Sales

    Carlos Escoto
    Section Image

  • C

    Buyer's Agent in 2019

    Cristina Verrocchio

    EXP Realty LLC

    (786) 543-6404

    11 in this area

    16 Total Sales

    Cristina Verrocchio
    Section Image

  • A

    Buyer's Agent in 2019

    Artur Rudchanka

    London Foster Realty

    (305) 479-1179

    7 Total Sales

    Artur Rudchanka
    Section Image

  • M

    Buyer's Agent in 2018

    Mary Puchades

    MMLS Assoc.-Inactive Member

    Section Image

  • K

    Seller's Agent in 2017

    Kelly Charles

    MMLS Assoc.-Inactive Member

    Section Image
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11589045

MIAMI REALTORS® MLS

APN: 02-3233-066-0470

Florida Miami/Dade County Miami Beach 33139 Flamingo

1401 Bay Rd Unit 412, Miami Beach, FL

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