15 days on rocket

1500 Bay Rd Unit L42S, Miami Beach, FL, 33139

$450,000

Home List Price

$5,344*

Closing Credit

1 Bedroom
1 Full Bath
771 SqFt
$584/SqFt
Condo
Schools Nearby

Location

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1500 Bay Rd Unit L42S, Miami Beach$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Underground, Electric Vehicle Charging Station(s), Leased, Valet
Year Built1960
HeatingNone
CoolingCentral Air
WaterfrontBay Front
ViewGarden
MLS #A11590136
StatusActive

About 1500 Bay Rd Unit L42S

Enjoy a large patio with views of the beautiful Flamingo courtyard. This unique 1-bedroom, 1-bathroom unit has high 12-foot ceilings, a big kitchen, and lots of living space. 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-round.

Property Details

Property Features

Property Information:

  • Architectural Style: None
  • Year Built: 1960
  • Living Area: 771 SqFt

Listing Office:

  • Office Name: Flamingo Point Realty, Inc
  • Office Phone: (305) 608-0598
  • Listing Agent: Carlos Cruz

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Laminate, Tile
  • Interior: Closet Cabinetry, Other, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Garden
  • Exterior: Patio

Parking Information:

  • Parking: Covered, Underground, Electric Vehicle Charging Station(s), Leased, Valet

Virtual/3D Tour

  • Virtual Tour: 1500 Bay Rd Unit L42S

Virtual Tour

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Fienberg/Fisher K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $584/SqFt

HOA Fees:

  • Amount: $1173
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$602.8K

Med. Price/SqFt

$596

Avg. Days On Market

92

# of Sold Homes

172

1500 Bay Rd Unit L42S vs Miami Beach

15 DAYS ON ROCKET

-77 Days

$450,000

-$152.8K Less

$584/SqFt

-$12 Less

KEY TAKEAWAY

This property is $152.8K less than the Median Sold Price and $12/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: #A11590136

Listing Office:

  • Office Name: Flamingo Point Realty, Inc
  • Office Phone: (305) 608-0598
  • Listing Agent: Carlos Cruz

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: 6/2/2024, 6:20:31 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

$3,486

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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.

Elementary School

school-card-donut-7118889
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.74 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7118890
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.12 miles

  • Public District Grades 6-8

High School

school-card-donut-7118891
6
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,096. The most common annual income of people living in Miami Beach, FL is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1500 Bay Rd Unit L42S

What is the listing price of this property?

The listing price of 1500 Bay Rd Unit L42S property is $450,000.

What type of property is this?

The property 1500 Bay Rd Unit L42S is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1500 Bay Rd Unit L42S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1500 Bay Rd Unit L42S are:
Fienberg/Fisher K-8 Center: GreatSchools Rating 5/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1500 Bay Rd Unit L42S has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1500 Bay Rd Unit L42S is 771 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1500 Bay Rd Unit L42S is 1960.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391500 Bay Rd Unit L42S

This home is located at 1500 Bay Rd Unit L42S in Miami Beach, FL and zip code 33139. This 771 square foot home was built in 1960. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $450,000.

Miami Beach, FL housing market in May 2024 saw over 4 listings sold above listed price, more than 13 sold at listed price and over 155 sold below. Between April 2024 and May 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 5.5%. Listings spent 92 days on the market in May 2024, and had a median list price of $602,840 during the same period.

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

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