4 months on rocket

1500 Bay Rd Unit 1516S, Miami Beach, FL, 33139

$760,000

Home List Price

$9,025*

Closing Credit

2 Bedrooms
2 Full Baths
1,077 SqFt
$706/SqFt
Condo

Location

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1500 Bay Rd Unit 1516S, Miami Beach$760,000

Buyer Closing Credits

$9,025*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1960
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay
MLS #A11629609
StatusActive

About 1500 Bay Rd Unit 1516S

Uniquely renovated penthouse with direct view on Biscayne Bay is now taking offers! Open concept kitchen, customized bathrooms, new floors, European washer/drier inside and private balcony. This is the MOST coveted community in South beach with too many amenities to count! Bar, pool service, two bay views pools, BBQ area, beach volley court, mini market, cafe', Amazon delivery storage, top of the line gym... PS: this is a pet friendly community

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, Penthouse
  • Year Built: 1960
  • Living Area: 1,077 SqFt

Listing Office:

  • Office Name: Luxury Homes 25, LLC.
  • Office Phone: (786) 393-2142
  • Listing Agent: Mitya Pizzedaz

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Custom Mirrors, Tub Shower, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay
  • Exterior: Balcony, Barbecue

Virtual/3D Tour

  • Virtual Tour: 1500 Bay Rd Unit 1516S
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $760,000
  • Price Per SqFt: $706/SqFt

HOA Fees:

  • Amount: $1670
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1500 Bay Rd Unit 1516S vs Miami Beach

121 DAYS ON ROCKET

+20 Days

$760,000

+$155.4K More

$706/SqFt

+$105 More

KEY TAKEAWAY

This property is $155.4K more than the Median Sold Price and $105/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11629609

Listing Office:

  • Office Name: Luxury Homes 25, LLC.
  • Office Phone: (786) 393-2142
  • Listing Agent: Mitya Pizzedaz

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$5,531

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,345

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-737384
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-737385
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-737386
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 2.00 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,096. Typical income of Miami Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1500 Bay Rd Unit 1516S

What is the listing price of this property?

The listing price of 1500 Bay Rd Unit 1516S property is $760,000.

What type of property is this?

The property 1500 Bay Rd Unit 1516S is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1500 Bay Rd Unit 1516S is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1500 Bay Rd Unit 1516S has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1500 Bay Rd Unit 1516S is 1,077 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1500 Bay Rd Unit 1516S is 1960.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391500 Bay Rd Unit 1516S

This home is located at 1500 Bay Rd Unit 1516S in Miami Beach, FL and zip code 33139. This 1,077 square foot home was built in 1960. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $760,000.

Over 6 listings were sold over their listed price in October 2024 in Miami Beach, FL. In the same period over 77 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. Listings spent 101 days on the market in October 2024, and had a median list price of $604,583 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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