Home » Miami Beach » The Sails at 1401 Bay Rd Miami Beach » 1401 Bay Rd 510, Miami Beach, Florida 33139 | A11250747

1401 Bay Rd 510, Miami Beach, Florida 33139 | Sold

$640,000
closed for a price of $627,000

Property Highlights

Listing ID A11250747 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 990 Sqft/91.97 m2 approx. Building Area 990 Sqft/91.97 m2 approx. COMMUNITY POOL Year Built 1999 Lease Term Minimum Duration: 180 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 180 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 277 Days
8 Photos of this Property

1401 Bay Rd 510, Miami Beach, Florida 33139

Property Description: Upgraded 2 bedroom / 2 bath on penthouse level comes with direct water / downtown views. Inside the unit you will find a open kitchen with stainless steel appliances, granite countertops, upgraded closets and a full size washer/dryer. 2 covered parking spots. The Sails is a boutique building with secured lobby. Pet friendly and pool. Best location on Miami Beach. Walk everywhere.

Useful Info

Contingency:Backup Contract/Call LA
Original List Price:$640,000
Close Price:$627,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:The Sails at 1401 Bay Rd Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural Style:
  • Penthouse
Property Condition:
  • Updated/remodeled
Entry Level (floor):5
Entry Level Location:5
Construction Materials:
  • Block
Flooring:
  • Wood
  • Marble
  • Ceramic Tile
Number of stories:5

Property Features

Has View:Yes
View from the Property:
  • Water
  • City
  • Bay
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Fire Sprinkler System
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Ice Maker
  • Self Cleaning Oven
Interior Features:
  • Breakfast Area
  • Closet Cabinetry
  • Bedroom On Main Level
  • Built-in Features
  • Other
  • Custom Mirrors
Exterior Features:
  • Balcony
  • Storm/security Shutters
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Sliding
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$6,037

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021
Association Fee:$477
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Subject To Tenant Rights
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Bike Storage
  • Trash
  • Elevator(s)
Subdivision Name:THE SAILS CONDO
Association Fee Includes:
  • Water
  • Trash
  • Pool(s)
  • Security
  • Maintenance Structure
  • Association Management
  • Insurance
  • Amenities
Complex Name:THE SAILS CONDO
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Garage Door Opener
  • Attached
  • Assigned

More Details

Other Information:
Unit View: Bay,Skyline View,Water View
Housing Older Persons Act: No HOPA
Buy State: Florida
Unit Design: Corner Unit,Penthouse,Substantially Remodeled
Type of Association: Condo
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions
Buyer Country of Residence: USA
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 66

Zoning and Legal

Tax Legal Description:THE SAILS CONDO UNIT 510 UNDIV 1/52 INT IN COMMON ELEMENTS OFF REC 18823-0761 OR 19360-2512 1000 1
Real Estate Folio Number (Parcel Number):02-32-33-066-0400
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:August 8, 2022 12:00 am
On Market Date:August 5, 2022
Close Date:May 12, 2023
Price Change Date Time:August 2, 2022 4:42 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 15, 2023 11:52 am
Status Last Changed:May 15, 2023 11:52 am
Photos Last Modified:August 8, 2022 4:47 pm
Last Modified:May 15, 2023 3:52 pm
Days on the Market (updated on Last Modified*):208
Cumulative Days on the Market (updated on Last Modified**):208

Additional Information

Unit Location:Corner Unit,Penthouse,Substantially Remodeled
Number of Photos Count:8
Area:32
Ref ID:1021110476
Courtesy of:Brown Harris Stevens
Universal Property Id:US-12086-N-0232330660400-R-N

Location

Show Property Address:Yes
Street Name:Bay Rd
Street Number:1401
Street Address:1401 Bay Rd 510
Unit Number:510
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1401 Bay Rd 510, Miami Beach, Florida 33139
Latitude:N25° 47' 7.5''
Longitude:W81° 51' 24.9''

Neighborhood

Postal City:Miami Beach

Property Map

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