1401 Bay Rd, Unit 506 Miami Beach, FL 33139
Flamingo Neighborhood
2
Beds
2
Baths
1,040
Sq Ft
$477/mo
HOA Fee
Highlights
- Intercom to Front Desk
- Bay View
- Community Pool
- Newly Remodeled
- Marble Flooring
- Balcony
About This Home
As of May 2025Spectacular 2bedroom/2 baths condo overlooking the bay and city. Top floor unit with a great floor plan, brand new floors, stainless steel appliances, spacious balcony overlooking the Miami City skyline. Full size washer/dryer, two assigned covered parking spaces close to Lincoln Rd and Sunset Harbor shops and restaurants. It is a must see!!
Last Agent to Sell the Property
Compass Florida, LLC. License #3063443 Listed on: 04/26/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,514
Year Built
- Built in 1999 | Newly Remodeled
HOA Fees
- $477 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Property Views
- Bay
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 1,040 Sq Ft Home
- Combination Dining and Living Room
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Additional Features
- Balcony
- West Facing Home
Listing and Financial Details
- Assessor Parcel Number 02-32-33-066-0240
Community Details
Overview
- The Sails Condo
- The Sails Condo Subdivision
- 5-Story Property
Amenities
- Intercom to Front Desk
- Elevator
- Lobby
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Security
- Complex Is Fenced
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2025
Closed on
May 19, 2025
Sold by
Alotta Robert Damon
Bought by
Idp Holding Ltd
Seller's Agent
Alena Astreika
Douglas Elliman
Buyer's Agent
Cristina Verrocchio
EXP Realty LLC
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.28%
Purchase Details
Listed on
Apr 26, 2022
Closed on
Jun 7, 2022
Sold by
Kalidas Chatani Navin
Bought by
Alotta Robert Damon
Seller's Agent
Terrence Segall
Compass Florida, LLC.
Buyer's Agent
Alena Astreika
Douglas Elliman
List Price
$620,000
Sold Price
$620,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$465,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2015
Sold by
Chatani Pravin and Chatani Kalidas
Bought by
Chatani Navin
Purchase Details
Closed on
Mar 7, 2006
Sold by
Wijgerde Johannes P
Bought by
Chatani Navin Kalidas and Chatani Pravin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 13, 2000
Sold by
Bay Road Venture Inc
Bought by
Wijgerde Johannes P
Similar Homes in Miami Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Folio Title | |
| Warranty Deed | $750,000 | Folio Title | |
| Warranty Deed | $620,000 | Clear Title Group | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $449,000 | Attorney | |
| Deed | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $465,000 | New Conventional | |
| Previous Owner | $261,000 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2025 05/20/25 | Sold | $750,000 | -6.1% | $721 / Sq Ft |
| 05/09/2025 05/09/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $799,000 | -5.9% | $768 / Sq Ft |
| 04/15/2025 04/15/25 | For Sale | $849,000 | +36.9% | $816 / Sq Ft |
| 06/07/2022 06/07/22 | Sold | $620,000 | 0.0% | $596 / Sq Ft |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- |
| 04/26/2022 04/26/22 | For Sale | $620,000 | 0.0% | $596 / Sq Ft |
| 03/25/2013 03/25/13 | Rented | $2,300 | -8.0% | -- |
| 02/23/2013 02/23/13 | Under Contract | -- | -- | -- |
| 11/29/2012 11/29/12 | For Rent | $2,500 | -- | -- |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $10,080 | $455,971 | -- | -- |
| 2024 | $9,747 | $536,437 | -- | -- |
| 2023 | $9,747 | $515,805 | $0 | $0 |
| 2022 | $7,018 | $371,131 | $0 | $0 |
| 2021 | $6,514 | $337,392 | $0 | $0 |
| 2020 | $6,048 | $312,400 | $0 | $0 |
| 2019 | $6,879 | $355,000 | $0 | $0 |
| 2018 | $7,020 | $373,300 | $0 | $0 |
| 2017 | $6,770 | $355,524 | $0 | $0 |
| 2016 | $6,705 | $345,169 | $0 | $0 |
| 2015 | $5,417 | $313,790 | $0 | $0 |
| 2014 | $4,723 | $232,440 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2025
Alena Astreika
Douglas Elliman
-
I
Seller Co-Listing Agent in 2025
Iuliia Grebeniuk
Douglas Elliman
-
C
Buyer's Agent in 2025
Cristina Verrocchio
EXP Realty LLC
-
T
Seller's Agent in 2022
Terrence Segall
Compass Florida, LLC.
-
C
Seller's Agent in 2013
Christina Hardin
Douglas Elliman
-
L
Buyer's Agent in 2013
Laura Steinbruckner
Million Realty LLC
About This Building
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11195128
APN: 02-3233-066-0240
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