new - 7 days on rocket

2016 Bay Dr Unit 403, Miami Beach, FL, 33141

$365,000

Home List Price

$4,334*

Closing Credit

2 Bedrooms
2 Full Baths
1,100 SqFt
$332/SqFt
Condo

Location

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2016 Bay Dr Unit 403, Miami Beach$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built1966
HeatingCentral
CoolingCentral Air
ViewBay, Garden, Other
MLS #A11693016
StatusActive

About 2016 Bay Dr Unit 403

Investment Opportunity! Buy and place a tenant in place - no rental restrictions upon purchasing. Current rentals in areas range around $2,800. Opportunity in highly sought-after, pet-friendly Normandy Isles, Miami Beach! This spacious 2-bedroom, 2-bath condo features new flooring, an open floor plan with abundant natural light, a large kitchen, formal dining area, and a balcony with City & Water views. Includes large closets, extra storage, assigned parking, and plenty of additional parking. The building offers amenities like a waterfront pool, exercise room, and lounge. Water, insurance, and cable are included. Just steps to dining, shopping, and entertainment, and a little over a mile to the beach. Conveniently located near airports, Bal Harbour, Sunny Isles, South Beach, and Edgewater.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1966
  • Living Area: 1,100 SqFt

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (305) 809-8085
  • Listing Agent: Melissa Byrnes

Interior Features

Interior Information:

  • Appliances: Electric Range, Microwave, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Bedroom on Main Level, Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay, Garden, Other
  • Exterior: Balcony, Fence, Other

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 2016 Bay Dr Unit 403
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $332/SqFt

HOA Fees:

  • Amount: $953
  • 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

2016 Bay Dr Unit 403 vs Miami Beach

7 DAYS ON ROCKET

-94 Days

$365,000

-$239.5K Less

$332/SqFt

-$269 Less

KEY TAKEAWAY

This property is $239.5K less than the Median Sold Price and $269/SqFt less 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: #A11693016

Listing Office:

  • Office Name: Lifestyle International Realty
  • Office Phone: (305) 809-8085
  • Listing Agent: Melissa Byrnes

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: 11/23/2024, 4:20:47 AM 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

$2,842

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-807869
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-807870
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 1.26 miles

  • Public District Grades PK-5

school-card-donut-807871
8
/10
  • Phyllis R. Miller Elementary School

  • 840 NE 87th St

  • 2.38 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,935. Typical income of Miami Beach, FL residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2016 Bay Dr Unit 403

What is the listing price of this property?

The listing price of 2016 Bay Dr Unit 403 property is $365,000.

What type of property is this?

The property 2016 Bay Dr Unit 403 is a condo located in Miami Beach, Florida, 33141.

Is this property for sale now?

Active Listing: 2016 Bay Dr Unit 403 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2016 Bay Dr Unit 403 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2016 Bay Dr Unit 403 is 1,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2016 Bay Dr Unit 403 is 1966.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331412016 Bay Dr Unit 403

This home is located at 2016 Bay Dr Unit 403 in Miami Beach, FL and zip code 33141 in the Normandy Isle neighborhood. This 1,100 square foot home was built in 1966. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $365,000.

While more than 6 listings in Miami Beach, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.

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

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