4 months on rocket

1500 Bay Rd Unit 364S, Miami Beach, FL, 33139

$514,999

Home List Price

$6,116*

Closing Credit

1 Bedroom
1 Full Bath
731 SqFt
$705/SqFt
Condo

Location

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1500 Bay Rd Unit 364S, Miami Beach$514,999

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage1 space
Year Built1960
HeatingCentral
CoolingCentral Air
WaterfrontBay
ViewBay
MLS #RX-11004065
StatusActive

About 1500 Bay Rd Unit 364S

AIRBNB CERTIFIED! Experience the ultimate Miami Beach lifestyle in this luxurious one-bedroom, one-bathroom apartment at the famous Flamingo condo building. Enjoy stunning bay views, modern layouts, a high-end kitchen, and a private balcony. The Flamingo offers two pools, a gym, pet services, and 24-hour security. Investors will love the 30-day rental policy, allowing 12 rentals per year, with an impressive annual income potential of $68,000 or $6,000 per month. Additional amenities include a private beach, diverse dining options, poolside service, business centers, co-working spaces, a sauna, playground, dog parks, picnic area, boating facilities, and a stylish lounge. This residence promises a luxurious, vibrant, and convenient South Beach lifestyle. Don't miss this opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 15
  • Living Area: 731 SqFt

Listing Office:

  • Office Name: Serhant
  • Office Phone: (561) 929-7999
  • Listing Agent: Richard Lemon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer
  • Flooring Type: Ceramic Tile, Tile
  • Interior: Closet Cabinets, Custom Mirror, Kitchen Island

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Bay
  • View: Bay
  • Exterior: Open Balcony

Parking Information:

  • Garage Space: 1 space

Virtual/3D Tour

  • Virtual Tour: 1500 Bay Rd Unit 364S
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 1500 Bay Road, South Beach. Use Waze or Google Maps for easy directions. You can park on the street or opt for valet parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $514,999
  • Price Per SqFt: $705/SqFt

HOA Fees:

  • Amount: $1070
  • Frequency: Monthly
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Housing Market Comparison

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

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Miami Beach, FL

City

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1500 Bay Rd Unit 364S vs Miami Beach

132 DAYS ON ROCKET

+31 Days

$514,999

-$89.5K Less

$705/SqFt

+$104 More

KEY TAKEAWAY

This property is $89.5K less than the Median Sold Price and $104/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-11004065

Listing Office:

  • Office Name: Serhant
  • Office Phone: (561) 929-7999
  • Listing Agent: Richard Lemon

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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, 10:20:48 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.

Payment Calculator

$3,708

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

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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-747165
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.75 miles

  • Public District Grades PK-5

school-card-donut-747166
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-747167
9
/10

  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 2.00 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1500 Bay Rd Unit 364S

What is the listing price of this property?

The listing price of 1500 Bay Rd Unit 364S property is $514,999.

What type of property is this?

The property 1500 Bay Rd Unit 364S is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1500 Bay Rd Unit 364S 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 364S has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1500 Bay Rd Unit 364S is 731 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1500 Bay Rd Unit 364S is 1960.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›1500 Bay Rd Unit 364S

This home is located at 1500 Bay Rd Unit 364S in Miami Beach, FL and zip code 33139. This 731 square foot home was built in 1960. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $514,999.

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. In October 2024 in Miami Beach, FL there were 15.1% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $604,583, while the average time on the real estate market was 101 days.

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

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