NOT LISTED FOR SALE

Bentley Bay 540 West Ave Unit 1514 Miami Beach, FL 33139

West Avenue Neighborhood

Estimated Value: $1,111,000 - $1,346,000

2 Beds
2 Baths
1,058 Sq Ft
2004 Built

Last Sold June 14, 2022

Last sale price $1,240,000 $1,172 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,930/month

Highlights

  • Valet Parking
  • Property fronts an intracoastal waterway
  • Security Service
  • South Pointe Elementary School Rated A-
  • Fitness Center
  • 2-minute walk to Canopy Park

About This Home

As of June 2024

Newly furnished, this turn-key residence with a fully equipped kitchen offers open bay & sunset views. This northwest corner unit boasts an expansive wraparound terrace captivating Miami’s downtown skyline and ocean views. With 9-foot ceilings its living spaces features elegant porcelain tile flooring throughout and luxurious Italian countertops. Embrace sophistication and comfort with 2 spacious suites staring custom closets, designer baths, blackout shades and window treatments. The building offers 24hr security, concierge, valet, infinity edge pool, dual Jacuzzis, landscaped pool deck, sauna, steam room & fitness center. Directly across from the new 3-acre West Ave Miami Beach Park. The property is available for a 1 year lease. 1 valet parking.

Last Agent to Rent the Property

Joseph Schafer

Douglas Elliman License #3087675 Listed on: 04/30/2024

Douglas Elliman

Co-Listed By

Linda Petushi

Douglas Elliman License #3395621

Douglas Elliman

Last Renter's Agent

Linda Petushi

Douglas Elliman License #3395621

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,371

Year Built

  • Built in 2004

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • West Facing Home

Parking

  • 1 Car Garage

Property Views

Interior Spaces

  • 1,058 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 4/30/24
  • 12 Months,Short Term Lease Lease Term
  • Assessor Parcel Number 02-42-03-291-1590

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • The Bentley Bay Condo
  • The Bentley Bay Condo Subdivision
  • 24-Story Property

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Resident Manager or Management On Site
  • High Impact Windows
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$16,371

Year Built

Built in 2004

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No, Yes
  • Available Date: 2024-04-30
  • Lease Term: 12 Months,Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: DEOM15
  • Co List Office Phone: 305-695-6075
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 24
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE BENTLEY BAY CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 24

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Walk-In Closet(s)
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1058
  • Stories: 24
  • Window Features: Blinds, High Impact Windows, Impact Glass

Exterior Features

  • View: Bay, Intracoastal View, Water
  • Direction Faces: West
  • Pool Features: In Ground, Heated, Hot Tub
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: THE BENTLEY BAY CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Valet

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Building Security, Lobby Attended, Security Patrol

Condo/Co-op/Association

  • Amenities: Community Pool, Elevator(s), Exercise Room, Management On Site, Spa/Hot Tub
  • Association: No

Lot Info

  • Parcel Number: 02-42-03-291-1590
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6505
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 14, 2022
Sold by
Margery Steinberg 2015 Revocable Trust
Bought by
0901 Matamanoa Llc
Seller's Agent
Nancy Batchelor
Compass Florida, LLC
Buyer's Agent
Joseph Schafer
Douglas Elliman
List Price
$1,295,000
Sold Price
$1,240,000
Premium/Discount to List
-$55,000
-4.25%
Current Estimated Value
$1,204,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,001
Avg. Annual Appreciation
-0.31%

Purchase Details

Listed on
Nov 18, 2015
Closed on
Mar 29, 2016
Sold by
Bentley Bay 1514 Partnership
Bought by
The Margery Steinberg 2015 Revocable Tru and Steinberg Lewis
Seller's Agent
Eric Seder
Envision Realty Group
Buyer's Agent
Michael Vertz
London Foster Realty
List Price
$950,000
Sold Price
$860,000
Premium/Discount to List
-$90,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Dec 11, 2014
Sold by
Brenner Lisa H
Bought by
Bentley Bay 1514 Partnership

Purchase Details

Closed on
Aug 20, 2010
Sold by
Attallah Diane and Attallah Theodore
Bought by
Brenner Lisa H

Purchase Details

Closed on
May 20, 2005
Sold by
Florida Development Associates Ltd
Bought by
Dominick Esmond Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,800
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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
0901 Matamanoa Llc $1,240,000 Prime Resource Title
The Margery Steinberg 2015 Revocable Tru $860,000 Attorney
Bentley Bay 1514 Partnership -- Attorney
Brenner Lisa H $450,000 Allegiance Title Of America
Dominick Esmond Lester $556,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Attallah Theodore $179,000
Previous Owner Dominick Esmond Lester $444,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $7,500 -3.8% --
04/30/2024 04/30/24 For Rent $7,800 +17.3% --
10/01/2022 10/01/22 Rented $6,650 -4.3% --
07/27/2022 07/27/22 Price Changed $6,950 -7.3% $7 / Sq Ft
06/15/2022 06/15/22 For Rent $7,500 0.0% --
06/14/2022 06/14/22 Sold $1,240,000 -4.2% $1,172 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,295,000 +50.6% $1,224 / Sq Ft
03/30/2016 03/30/16 Sold $860,000 -9.5% $813 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $950,000 -- $898 / 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 $16,371 $958,345 -- --
2024 $16,463 $871,223 -- --
2023 $16,463 $871,223 $0 $0
2022 $11,900 $569,764 $0 $0
2021 $10,001 $517,968 $0 $0
2020 $11,395 $588,600 $0 $0
2019 $11,406 $588,600 $0 $0
2018 $12,193 $648,409 $0 $0
2017 $12,348 $648,409 $0 $0
2016 $11,118 $492,258 $0 $0
2015 $10,569 $447,508 $0 $0
2014 $9,676 $406,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Schafer

    Landlord's Agent in 2024

    Joseph Schafer

    Douglas Elliman

    (305) 695-6300

    13 in this area

    74 Total Sales

    Joseph Schafer
    Section Image

  • L

    Landlord's Co-Listing Agent in 2024

    Linda Petushi

    Douglas Elliman

    (305) 975-0354

    1 in this area

    21 Total Sales

    Linda Petushi
    Section Image
  • Nancy Batchelor

    Seller's Agent in 2022

    Nancy Batchelor

    Compass Florida, LLC

    (786) 578-4122

    7 in this area

    411 Total Sales

    Nancy Batchelor
    Section Image
  • Simone Weissman

    Seller Co-Listing Agent in 2022

    Simone Weissman

    Compass Florida, LLC

    (305) 439-5525

    1 in this area

    32 Total Sales

    Simone Weissman
    Section Image
  • Betsy Magde

    Buyer's Agent in 2022

    Betsy Magde

    Compass Florida, LLC

    (305) 926-9345

    4 in this area

    39 Total Sales

    Betsy Magde
    Section Image
  • Dina Goldentayer

    Buyer Co-Listing Agent in 2022

    Dina Goldentayer

    Douglas Elliman

    (305) 695-6300

    13 in this area

    225 Total Sales

    Dina Goldentayer
    Section Image
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About Bentley Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11578362

MIAMI REALTORS® MLS

APN: 02-4203-291-1590

Florida Miami/Dade County Miami Beach 33139 West Avenue

540 West Ave Unit 1514, Miami Beach, FL

This home is located at 540 West Ave Unit 1514, Miami Beach, FL 33139 since 30 April 2024 and is currently priced at $1,204,999. This property was built in 2004. 540 West Ave Unit 1514 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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