Flamingo South Beach 1070S
Unit 1070S
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Flamingo South Beach Unit 1070S Sold
$489,000
1500 Bay Road · West Avenue / Bay Road · Miami Beach
Flamingo South Beach Unit 1070S, 1500 Bay Road, West Avenue / Bay Road, Miami Beach FL 33139, photo 1 of 1
$489,000Sold Price
$436Per SqFt
2/2Beds/BathsBd/Ba
1,121SqFt · 104.1 m²
Flamingo South Beach · MLS A11352325 · 1291 days on Zilbert · Listed Mar 6, 2023 · 1500 Bay Road, West Avenue / Bay Road, Miami Beach FL 33139Current layoutPhotos first

Property Details

Sold Price$489,000
Last Asking Price$509,950
Price per SqFt$436
Maintenance fee$1,678 Monthly
Property Taxes$2,782 2022
Interior Space1,121 SqFt
Beds/Baths2/2
Year Built1960
Closed Date3/5/2024
MLS #A11352325

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$1,678maintenance · $1,678 per month
$232taxes · $2,782/yr ÷ 12
$1,910 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

5 star building and campus. Largest 2/2 offered in Flamingo. Best priced unit in best priced building in south beach -30-50% less than comparable offerings-Huge upside! Can rent monthly- 12x per yr. Corner unit-no buildings facing into your unit. Unobstructed panaromic ocean/city views from every room. Open kitchen, S/S appliances, Washer/dryer 2 seperate AC's with seperate controls, 16.5 Acre Amenity Campus. Ebike/scooter. 36 Electric car chargers,2 pools, jacuzzi, world class gym,2 dog parks, 3 restaurants, doggy day care . No balcony but that space became, in effect, a dining room/foyer, which the smaller 2/2's lack. Garage parking $110+ Dockage-$10+ Storage spaces $30+. HOA includes electricity cost to run 2 AC's + FULL RESERVES. Prior year common grounds (REA) special assessment is fully paid. HOA is suing developer, and has retained, renowned contingency law firm, Morgan and Morgan, to recover the disputed, already fully paid prior special assessment. A positive outcome, could result in prior year fully paid special assesment "refund"/credit, less contingency fees, and any other fees.

Listed by Beachfront Realty Inc

Sales History for This Unit · Flamingo South Beach Unit 1070S

Sale Sold Price Asking Price Beds/Baths SqFt Closed Date

What Other Units Have Been Selling For at Flamingo South Beach

7 other units sold in the last 12 months at an average of $566/SqFt

Unit Sold Price % of Ask Beds/Baths SqFt $/SqFt Closed Date

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale at Flamingo South Beach. Ask me about this residence, the line, or the building.
+1 (786) 280-0201

Listed by Beachfront Realty Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

Location

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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

More at Flamingo South Beach

1,688 units · 8 for sale · 16 sold in the last 12 months · building avg $581/SqFt sold