Home » Miami Beach » Flamingo South Beach I at 1500 Bay Road Miami Beach » 1500 Bay Rd 608S, Miami Beach, FL 33139 | A11598645

1500 Bay Rd 608S, Miami Beach, FL 33139 | For Sale

$432,000
closed for a price of $410,000

Property Highlights

Listing ID A11598645 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 737 Sqft/68.47 m2 approx. Year Built 1960 Waterfront Lease Term Minimum Duration: 30 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 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 54 Days
10 Photos of this Property

1500 Bay Rd 608S, Miami Beach, FL 33139

Property Description: Discover a rare find in Miami Beach 's Flamingo Point community—a fully renovated 1-bedroom unit stylish lighting, kitchen with stainless steel appliances, washer/dryer, and an upgraded bathroom. Delight in amenities like a fitness center,resort-style pools, tropical garden, sunset yoga, dog play area, business center and 24/7 valet. Explore on-site establishments: "La Piscine " restaurant, "Bebito 's " coffee shop, "Yafit " store, "Doggie VIP " spa, "Rejuvaline MedSpa " and "Pura Vida " organic restaurant. Flamingo Point provides a unique investment opportunity, allowing short-term rentals (30 days mini) via platforms like Airbnb and VRBO. Benefit from flexibility and generate income year- around short-term renta

Useful Info

Previous Asking Price:$632,000
Original List Price:$632,000
Close Price:$410,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):6
Entry Level Location:6
Construction Materials:
  • Block
Number of stories:15
Possible Use:
  • Investment

Property Features

View from the Property:
  • Other
Waterfront:Yes
Waterfront Features:
  • Ocean Front
  • Bayfront
Security:
  • Smoke Detector(s)
  • Key Card Entry
  • Security Guard
  • Elevator Secured
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Water Heater
Interior Features:
  • Eat-in Kitchen
  • Living/dining Room
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bar
Exterior Features:
  • Security/high Impact Doors
  • Tv Antenna
Window Features:
  • Blinds
  • Impact Glass
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$4,993

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:$1,121
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:Yes

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Spa/hot Tub
  • Playground
  • Elevator(s)
  • Fitness Center
  • Community Kitchen
Subdivision Name:FLAMINGO SOUTH BEACH I CO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Recreation Facilities
Complex Name:Flamingo South Beach
Senior Community:No
Restrictions: No Recreational Vehicles RV, No Truck, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Valet
  • Other

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Other View
Housing Older Persons Act: No HOPA
Unit Design: High Rise
Type of Association: Condo
Minimum Number of Days for Lease: 30
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 12
Flood Zone : AE
Homeowner's Association Application Fee: 150
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 0
Subdivision Number: 79
Buyer Country of Residence: Unknown/Withheld
Water Access Description:Community Boat Dock

Zoning and Legal

Tax Legal Description:FLAMINGO SOUTH BEACH I CONDO UNIT 608S UNDIV 0.001516842% INT IN COMMON ELEMENTS OFF REC 24914-3803 OR 24258-4608 0206 6 COC 26441-4710 05 2
Real Estate Folio Number (Parcel Number):02-32-33-079-0480
Public Survey Township:50
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:May 31, 2024 4:39 pm
On Market Date:May 31, 2024
Close Date:July 24, 2024
Price Change Date Time:May 31, 2024 5:28 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:September 4, 2024 1:17 pm
Status Last Changed:September 4, 2024 1:17 pm
Photos Last Modified:May 31, 2024 9:00 pm
Last Modified:September 4, 2024 5:17 pm
Days on the Market Reference Date:September 4, 2024
Days on the Market (updated on Last Modified*):20
Cumulative Days on the Market (updated on Last Modified**):20

Additional Information

Unit Location:High Rise
Number of Photos Count:10
Area:32
Ref ID:1075976003
Automated Valuation Display:Yes
Courtesy of:The Canero Group
Universal Property Id:US-12025-N-0232330790480-R-N

Location

Show Property Address:Yes
Street Name:Bay Rd
Street Number:1500
Street Address:1500 Bay Rd 608S
Unit Number:608S
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1500 Bay Rd 608S, Miami Beach, FL 33139
Latitude:N25° 47' 11''
Longitude:W81° 51' 20.3''

Neighborhood

Postal City:Miami Beach

Property Map

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