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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 Sold
$489,000
1500 Bay Road · West Avenue / Bay Road · Miami Beach
MLS A11352325
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 · 1336 days on Zilbert · Listed Mar 6, 2023 · 1500 Bay Road, West Avenue / Bay Road, Miami Beach FL 33139

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

Location

Directions

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

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$1,678
Property taxes$232
Per month$1,910

Maintenance $1,678 a month; taxes $2,782 for 2022. MLS figures, which may not be accurate.

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

18 units sold at Flamingo South Beach in the last 12 months at an average of $617/SqFt

Below, the most recent sales most like this unit: units with the same bedroom count.

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, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at Flamingo South Beach. Ask me about this residence, the line, or the building.

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.

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

At Flamingo South Beach, 4 of 561 units are for sale and 18 sold in the last 12 months at an average of $617 per SqFt. Unit 1070S sold at $436 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.

Ask Mark