NOT LISTED FOR SALE

1605 Bay Rd Unit 408 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $432,000 - $528,163

2 Beds
2 Baths
970 Sq Ft
$727/mo HOA Fee

Last Sold June 03, 2024

Last sale price $440,000 $454 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,975/month

225 Days on Market

Highlights

  • Skyline View
  • Balcony
  • Card or Code Access
  • Community Pool
  • Walk-In Closet
  • Video Cameras

About This Home

As of June 2024

Best price on the market! Beautiful 2 beds and 2 full baths apartment. Corner unit with lot of natural light. Balcony with great view. Walk-in closet and great storage spaces in the unit. Kitchen with modern Applainces and big spaces for living room and dinning table. Impact windows and parking. Great and quiet boutique building with pool. Low Hoa. Location is the best! Just walking distance from Lincoln Rd, restaurants or supermarkets. Located on the quiet street named Bay rd. Great opportunity!

Last Agent to Sell the Property

Andres Escobar Araoz

Coldwell Banker Realty License #3359787 Listed on: 09/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Alena Astreika

Douglas Elliman License #3396675

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,844

Year Built

  • Built in 1982

HOA Fees

  • $727 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Property Views

  • Skyline
  • Pool

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 970 Sq Ft Home
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-061-0310

Community Details

Overview

  • Bay Point East Condo
  • Bay Point East Condo Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,844

Year Built

Built in 1982

Lot Details

0

HOA Fees

$727 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: BAY POINT EAST CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Elevator, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 970
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Bedroom Features: Entry Level

Exterior Features

  • View: Pool Area View, Skyline
  • Exterior Features: Open Balcony
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Bay Point East Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Card Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 727
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-061-0310
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
May 24, 2024
Sold by
Nunes Fabio Lisboa
Bought by
Romero Ignacio
Seller's Agent
Andres Escobar Araoz
Coldwell Banker Realty
Buyer's Agent
Alena Astreika
Douglas Elliman
List Price
$550,000
Sold Price
$440,000
Premium/Discount to List
-$110,000
-20%
Views
239
Current Estimated Value
$483,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,041
Avg. Annual Appreciation
7.63%

Purchase Details

Listed on
Jul 22, 2021
Closed on
Jun 18, 2021
Sold by
Schafer Mark N and Schafer Joseph B
Bought by
Nunes Fabio Lisboa
Seller's Agent
Andres Escobar Araoz
Coldwell Banker Realty
Buyer's Agent
Marla Carolina Rivad
BHHS EWM Realty
Sold Price
$2,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$59,210
Interest Rate
9%

Purchase Details

Listed on
Feb 19, 2021
Closed on
Jun 10, 2021
Sold by
Schafer Mark N and Schafer Joseph B
Bought by
Nunes Fabio Lisboa
Seller's Agent
Linda Petushi
Douglas Elliman
Buyer's Agent
Andres Escobar Araoz
Coldwell Banker Realty
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,210
Interest Rate
9%

Purchase Details

Closed on
Mar 16, 2005
Sold by
Leddick David
Bought by
Schafer Joseph B and Schafer Mark N

Purchase Details

Closed on
May 27, 2004
Sold by
Anderson Joachim R and Anderson Silvia
Bought by
Leddick David

Purchase Details

Closed on
Dec 26, 2001
Sold by
Peter Theodoropoulos M and Peter Elaine Theodoropoulos
Bought by
Anderson Joachim

Purchase Details

Closed on
Mar 15, 2001
Sold by
Schafer Mark N and Schafer Joseph B
Bought by
Schafer Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
6.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 18, 1997
Sold by
Bay Point East Associates
Bought by
Theodoropoulos Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,950
Interest Rate
7.31%
Mortgage Type
New Conventional
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
Romero Ignacio $440,000 Clear Title Group
Nunes Fabio Lisboa $395,000 Clear Title Group
Nunes Fabio Lisboa $395,000 Clear Title Group
Schafer Joseph B $275,000 --
Leddick David $235,000 --
Anderson Joachim $183,000 --
Schafer Joseph B -- Sunbelt Title Agency
Theodoropoulos Peter $97,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nunes Fabio Lisboa $59,210
Previous Owner Nunes Fabio Lisboa $296,250
Previous Owner Nunes Fabio Lisboa $59,210
Previous Owner Nunes Fabio Lisboa $296,250
Previous Owner Schafer Joseph B $100,000
Previous Owner Schafer Joseph B $126,800
Previous Owner Theodoropoulos Peter $92,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $440,000 -6.4% $454 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $470,000 -2.1% $485 / Sq Ft
03/19/2024 03/19/24 Price Changed $480,000 -4.0% $495 / Sq Ft
01/18/2024 01/18/24 Price Changed $499,999 -4.8% $515 / Sq Ft
12/05/2023 12/05/23 Price Changed $525,000 -1.9% $541 / Sq Ft
10/17/2023 10/17/23 Price Changed $535,000 -2.7% $552 / Sq Ft
09/21/2023 09/21/23 For Sale $550,000 0.0% $567 / Sq Ft
08/12/2021 08/12/21 Rented $2,800 +12.0% --
07/20/2021 07/20/21 For Rent $2,500 0.0% --
06/18/2021 06/18/21 Sold $395,000 -1.0% $407 / Sq Ft
04/26/2021 04/26/21 Price Changed $399,000 -4.8% $411 / Sq Ft
04/16/2021 04/16/21 For Sale $419,000 +6.1% $432 / Sq Ft
04/02/2021 04/02/21 Off Market $395,000 -- --
02/19/2021 02/19/21 For Sale $419,000 0.0% $432 / Sq Ft
06/05/2019 06/05/19 Rented $2,200 -8.3% --
05/08/2019 05/08/19 For Rent $2,400 -- --
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 $7,628 $354,624 -- --
2024 $6,856 $376,372 -- --
2023 $6,856 $342,157 $0 $0
2022 $5,844 $311,052 $0 $0
2021 $3,359 $214,906 $0 $0
2020 $3,313 $211,939 $0 $0
2019 $3,225 $207,174 $0 $0
2018 $3,051 $203,312 $0 $0
2017 $3,015 $199,131 $0 $0
2016 $3,000 $195,036 $0 $0
2015 $3,037 $193,681 $0 $0
2014 $3,087 $192,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Andres Escobar Araoz

    Coldwell Banker Realty

    (305) 695-1112

    6 in this area

    39 Total Sales

    Andres Escobar Araoz
    Section Image
  • Alena Astreika

    Buyer's Agent in 2024

    Alena Astreika

    Douglas Elliman

    (786) 445-7229

    9 in this area

    64 Total Sales

    Alena Astreika
    Section Image

  • L

    Seller's Agent in 2021

    Linda Petushi

    Douglas Elliman

    (305) 975-0354

    3 in this area

    21 Total Sales

    Linda Petushi
    Section Image
  • Joseph Schafer

    Seller Co-Listing Agent in 2021

    Joseph Schafer

    Douglas Elliman

    (305) 695-6300

    6 in this area

    75 Total Sales

    Joseph Schafer
    Section Image
  • Marla Carolina Rivad

    Buyer's Agent in 2021

    Marla Carolina Rivad

    BHHS EWM Realty

    (786) 317-8285

    21 Total Sales

    Marla Carolina Rivad
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11456817

MIAMI REALTORS® MLS

APN: 02-3233-061-0310

Florida Miami/Dade County Miami Beach 33139 Flamingo

1605 Bay Rd Unit 408, Miami Beach, FL

This home is located at 1605 Bay Rd Unit 408, Miami Beach, FL 33139 since 21 September 2023 and is currently estimated at $483,041, approximately $497 per square foot. This property was built in 1982. 1605 Bay Rd Unit 408 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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