Home » Miami Beach » SO BE BAY CONDO at 1577 Bay Rd Miami Beach » 1577 Bay Rd 205, Miami Beach, FL 33139 | A11563604

1577 Bay Rd 205, Miami Beach, FL 33139 | Sold

$1,095,000
closed for a price of $990,000

Property Highlights

Listing ID A11563604 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,345 Sqft/124.95 m2 approx. Building Area 1,345 Sqft/124.95 m2 approx. COMMUNITY POOL Year Built 2006 Lease Term Minimum Duration: 365 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 365 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 42 Days
43 Photos of this Property

1577 Bay Rd 205, Miami Beach, FL 33139

Property Description: Step from the street straight into serenity! An oasis drenched in natural light awaits as you set foot through the private entrance of residence 205, the exclusive SW corner 2BD 2.5BA 1345SF unit at SoBe Bay. Designed by renowned architect Chad Oppenheim, this ultra-boutique & modern building has only 9 units total and is nestled in prime South Beach location steps from it all. Residence 205 is a unique townhouse-meets-loft style unit with high ceilings, impact glass throughout and three private, South-facing balconies - the first accessible from the living room, the second from both bedrooms and a third upper balcony/roof top terrace. Truly one-of-a-kind, 205 has natural stone flooring throughout, W/D in-unit & two highly coveted, assigned parking spaces in the secure & covered garage.

Useful Info

Contingency:Backup Contract/Call LA
Previous Asking Price:$1,195,000
Original List Price:$1,195,000
Close Price:$990,000
More Listings Same Building:SO BE BAY CONDO at 1577 Bay Rd Miami Beach

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:4

Property Features

View from the Property:
  • Garden
  • City
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Fire Sprinkler System
  • Complex Fenced
  • Phone Entry
  • Fire Alarm
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Washer
  • Electric Range
Interior Features:
  • First Floor Entry
  • Closet Cabinetry
  • Kitchen Island
  • Stacked Bedrooms
  • Upper Level Primary
  • Bidet
Exterior Features:
  • Deck
  • Security/high Impact Doors
  • Patio
  • Other
Patio and Porch Features:
  • Patio
  • Deck
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$11,343

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:2023
Association Fee:$1,022
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
Subdivision Name:SO BE BAY CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pool(s)
  • Maintenance Structure
  • Association Management
  • Internet
Complex Name:SoBe Bay Condominium
Senior Community:No
Restrictions: OK To Lease

Parking

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

More Details

Other Information:
Unit View: Garden View,Other View,Skyline View
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit,East Of Us1
Type of Association: Homeowners
Minimum Number of Days for Lease: 365
Type of Governing Bodies: Homeowner Association
Pet Fee: 0
Tax Information: Tax Reflects Homestead Tax
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 77
Buyer Country of Residence: Unknown/Withheld

Zoning and Legal

Tax Legal Description:SO BE BAY CONDO UNIT 205 UNDIV 8.58% INT IN COMMON ELEMENTS OFF REC 24240-4380 COC 26466-2706 07 2008 1
Real Estate Folio Number (Parcel Number):02-32-33-077-0050
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:April 5, 2024 12:02 pm
On Market Date:April 5, 2024
Close Date:May 17, 2024
Price Change Date Time:April 11, 2024 11:16 am
Last Important Update Description:Closed
Date and Time of Last Important Update:May 20, 2024 12:07 pm
Status Last Changed:May 20, 2024 12:07 pm
Photos Last Modified:April 5, 2024 4:09 pm
Last Modified:May 20, 2024 4:07 pm
Days on the Market Reference Date:May 20, 2024
Days on the Market (updated on Last Modified*):14
Cumulative Days on the Market (updated on Last Modified**):14

Additional Information

Unit Location:Corner Unit,East Of Us1
Number of Photos Count:43
Area:32
Ref ID:1065301652
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC.
Universal Property Id:US-12025-N-0232330770050-R-N

Location

Show Property Address:Yes
Street Name:Bay Rd
Street Number:1577
Street Address:1577 Bay Rd 205
Unit Number:205
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1577 Bay Rd 205, Miami Beach, FL 33139
Latitude:N25° 47' 19''
Longitude:W81° 51' 24.4''

Neighborhood

Postal City:Miami Beach

Property Map

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