NOT LISTED FOR SALE

Bentley Bay 520 West Ave Unit 1601 Miami Beach, FL 33139

West Avenue Neighborhood

Estimated Value: $2,231,559 - $3,094,000

2 Beds
2.5 Baths
1,992 Sq Ft
$3,300/mo HOA Fee

Last Sold December 14, 2023

Last sale price $2,400,000 $1,205 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $19,599/month

68 Days on Market

Highlights

  • Doorman
  • Ocean View
  • Property fronts an intracoastal waterway
  • South Pointe Elementary School Rated A-
  • Boat Dock
  • 2-minute walk to Canopy Park

About This Home

As of December 2023

RARE ON THE MARKET - Step into a realm of luxury with this fully renovated 2 beds / 2,5 baths corner unit located in the iconic Bentley Bay building / South Beach. Perched directly on biscayne bay, the unit offers large wraparound terraces with unique water views (bay and ocean) from all rooms and the Miami Skyline. High end finishes and top of the line appliances. This unit has been fully redesigned from its original 3 bedroom plan for added breadth - but can be reconverted into a 3 beds. Bentley Bay offers luxurious amenities elevate the living experience, located at walking distance from renowned bars & restaurants and the newly canopy park. Easy to show.

Last Agent to Sell the Property

Jim Agard

Vendome Capital LLC License #3270604 Listed on: 09/14/2023

Last Buyer's Agent

Camila Visser

Luxury Real Estate Group LLC License #3266198

Luxury Real Estate Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,662

Year Built

  • Built in 2004

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • End Unit

HOA Fees

  • $3,300 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Entry on the 16th floor

Interior Spaces

  • 1,992 Sq Ft Home
  • Built-In Features
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry

Home Security

Outdoor Features

  • Boat Lift
  • Dock Available
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-291-0110

Community Details

Overview

  • High-Rise Condominium
  • Bentley Bay Condos
  • The Bentley Bay Condo Subdivision
  • 25-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,662

Year Built

Built in 2004

Lot Details

0

HOA Fees

$3,300 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: TEXT LISTING AGENT FOR SHOWINGS - 24H NOTICE.
  • Entry Level: 16
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE BENTLEY BAY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Refrigerator
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1992
  • Possible Use: Secondary
  • Stories: 25
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Other

Exterior Features

  • View: Bay, Ocean View, Skyline
  • Exterior Features: Other, Barbeque
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BENTLEY BAY
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 3300
  • Amenities: Boat Dock, Barbecue, Community Room, Elevator(s), Heated Pool, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-291-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 28662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 12, 2023
Sold by
Barclais Sidney
Bought by
Burki Jeffrey A
Seller's Agent
Jim Agard
Vendome Capital LLC
Buyer's Agent
Camila Visser
Luxury Real Estate Group LLC
List Price
$2,650,000
Sold Price
$2,400,000
Premium/Discount to List
-$250,000
-9.43%
Views
69
Current Estimated Value
$2,493,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,890
Avg. Annual Appreciation
0.89%

Purchase Details

Listed on
Mar 20, 2012
Closed on
Aug 14, 2014
Sold by
Mesas Ana Maria
Bought by
Barclais Sidney
Seller's Agent
Darryl Fox
One Sotheby's International Re
Buyer's Agent
Christa Morianz
Brickell Brokers LLC
List Price
$1,799,000
Sold Price
$1,700,000
Premium/Discount to List
-$99,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,162,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2012
Sold by
Weisberg Mark
Bought by
Mesas Ana Maria

Purchase Details

Closed on
Oct 20, 2010
Sold by
Weisberg Mark
Bought by
The Bentley Bay Condominium Association

Purchase Details

Closed on
Aug 5, 2005
Sold by
Florida Development Associates Ltd
Bought by
Weisberg Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$868,500
Interest Rate
1.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Burki Jeffrey A $2,400,000 Omega National Title Insurance
Barclais Sidney $1,700,000 A 1 Title Services
Mesas Ana Maria $618,600 None Available
The Bentley Bay Condominium Association $10,100 None Available
Weisberg Mark $1,158,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barclais Sidney $1,162,500
Previous Owner Weisberg Mark $868,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $2,400,000 -9.4% $1,205 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $2,650,000 +55.9% $1,330 / Sq Ft
08/18/2014 08/18/14 Sold $1,700,000 -5.5% $853 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $1,799,000 +5.8% $903 / Sq Ft
12/17/2013 12/17/13 Off Market $1,700,000 -- --
11/15/2013 11/15/13 Rented $8,000 -99.6% --
10/16/2013 10/16/13 Under Contract -- -- --
08/08/2013 08/08/13 Price Changed $1,799,000 0.0% $903 / Sq Ft
07/30/2013 07/30/13 For Rent $6,500 0.0% --
12/26/2012 12/26/12 For Sale $1,900,000 +11.8% $954 / Sq Ft
05/23/2012 05/23/12 Off Market $1,700,000 -- --
03/20/2012 03/20/12 For Sale $1,100,000 -- $552 / Sq Ft
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 $36,928 $2,161,688 -- --
2024 $32,450 $1,965,171 -- --
2023 $32,450 $1,651,650 $0 $0
2022 $28,662 $1,501,500 $0 $0
2021 $26,356 $1,365,000 $0 $0
2020 $24,450 $1,365,000 $0 $0
2019 $26,335 $1,365,000 $0 $0
2018 $23,171 $1,232,239 $0 $0
2017 $23,466 $1,232,239 $0 $0
2016 $26,017 $1,339,390 $0 $0
2015 $25,273 $1,275,610 $0 $0
2014 $14,302 $744,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Agard

    Seller's Agent in 2023

    Jim Agard

    Vendome Capital LLC

    (305) 799-9781

    5 in this area

    18 Total Sales

    Jim Agard
    Section Image
  • Camila Visser

    Buyer's Agent in 2023

    Camila Visser

    Luxury Real Estate Group LLC

    (954) 812-1412

    2 in this area

    59 Total Sales

    Camila Visser
    Section Image
  • Darryl Fox

    Seller's Agent in 2014

    Darryl Fox

    One Sotheby's International Re

    (305) 788-3699

    3 in this area

    58 Total Sales

    Darryl Fox
    Section Image

  • C

    Buyer's Agent in 2014

    Christa Morianz

    Brickell Brokers LLC

    (786) 603-8023

    Christa Morianz
    Section Image

  • R

    Buyer's Agent in 2013

    Rachel Leonard

    Lifestyle International Realty

See All Agents

About Bentley Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11453059

MIAMI REALTORS® MLS

APN: 02-4203-291-0110

Florida Miami/Dade County Miami Beach 33139 West Avenue

520 West Ave Unit 1601, Miami Beach, FL

This home is located at 520 West Ave Unit 1601, Miami Beach, FL 33139 since 14 September 2023 and is currently estimated at $2,493,890, approximately $1,251 per square foot. This property was built in 2004. 520 West Ave Unit 1601 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, 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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