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$1,000,000   Price Analysis
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1500 Bay 1244S Rd Unit 364S
Miami Beach, FL 33139
2 bed 2 bath 1,460 SqFt ($684/SqFt)
1,460SqFt lot. Built 1960
Listed 2024-06-08, HOA $2140
Ⓧ USDA Ineligible
due to price & location

near Miami Beach

Discover luxury in these one-bedroom

One-bathroom Miami Beach apartments, each offering bay views and a prime location near Miami Basel and the beach. Enjoy modern layouts, high-end kitchens and balconies. The buildin g boasts amenities like two pools, a gym, pet services and 24-hour security, supporting 30-day rentals 12 times a year--ideal for investors.

With an annual income of $144, 000 nd full bookings year-round, these apartments promise a lifestyle of elegance and convenience. Additional amenities include a private beach, diverse dining options, poolside service, business centers, co-working spaces, sauna, playground, dog parks, picnic area, boating and lounge.


Presented by Natalie Jouvenal at
LoKation Real Estate.
Listing Agent Photo

Property MLS #RX-10994584 from BeachesMLSFlex

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Cooling Features: Central, Electric
Heating Features: Central, Electric

Flooring: Ceramic Tile, Tile
Window Features: Bay Window, Hurricane Windows

Open Balcony

Water Features: Dock Available, Subject to Lease
Bay
Intracoastal
Waterfront Feet: 15ft

Lot Description: < 1/4 Acre
Lot Size Acres: 0.033517
Lot Size Square Feet: 1460

View: Bay, City, Garden

Association: Yes
Association Amenities: A/C Maintenance, Cable, Elevator, Lawn Care, Maintenance-Exteior, Management Fees, Manager, Pest Control, Pool Service, Security, Trash Removal, Water
Association Fee: 2140
Association Fee Amenities: Boating, Cafe/Restaurant, Dog Park, Elevator, Playground, Pool, Private Beach Pvln
Calculated Total Monthly Association Fees: 2140
Association Name: Mandatory

Gross Income: 144000.00
Tenant Pays: Repairs
Application Fee: 150.00

Number of Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Description: A/C Unit, Dishwasher, Dryer, Kitchen, Laundry, Microwave, Range - Electric, Refrigerator, Smoke Detector, Split Bedrooms, Walk-in Closets, Washer
Unit-1 Furnished Description: Yes
Unit-2 Furnished Description: Yes
Unit-1 Square Feet: 730
Unit-2 Square Feet: 730

Annual Tax Amount: 5521.01
Source Listing Status: Active
County: Miami-Dade
Directions: 1500 Bay Road, South Beach. Use Waze or Google Maps for easy directions. You can park on the street or opt for valet parking.
Tax Year: 2023
Restrictions: Buyer Approval, Lease OK, Up to 2 Pets
Source Property Type: Residential Income
Area: 2320
List Development Name: FLAMINGO SOUTH BEACH I CONDO
Source Neighborhood: FLAMINGO
Subdivision: FLAMINGO
Zoning: 4100
Property Subtype: Duplex
Source System Name: C2C

Price Changed 2024-07-09
$1,000,000
BeachesMLSFlex
Price Changed 2024-07-02
$1,050,000
BeachesMLSFlex
Listed 2024-06-08
$1,069,000
BeachesMLSFlex

Net Operating Income: 113000.00
Operating Expense: 31080.00

Total Square Feet Living: 1460
Year Built: 1960
Construction Materials: Block
Living Area Source: Appraisal
Property Age: 64
Property Condition: Resale
Levels or Stories: 15.0
Structure Type: Condominium
Total Area Sqft: 1460
Year Built Details: Resale
Elevator: Yes

Electric: Yes
Water Available

Entry
Handicap Access
Wheelchair Accessible

Fienberg/Fisher K-8 Center is a public elementary and middle school located approximately 0.8 miles away.
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Miami Beach Senior High School is a public high school located approximately 1.1 miles away.
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Klurman Mesivta High School is a private middle and high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.