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1605 Bay Rd # 503, Miami Beach FL 33139

Condo/Co-op For Sale
$349,000

BTC: 5.53090333

ETH: 199.88545246

New
1 bds
1 ba
700 sqft

Overview

A South Beach condo that checks all the boxes. This 700 sq ft, 1 bedroom, 1.5 bath condo is perfectly located and in a quiet, well-maintained building with open balcony, large walk-in closet, Washer/Dryer in unit, and impact windows & doors. The secure building has covered parking, a pool, and additional laundry. The 40 year recertification is complete and association has reserves. Pets are allowed. Renting is allowed (no short term). Units rarely become available in this 32-unit boutique building, located in the quiet residential neighborhood of Bay Road & 16th Street, one block from the bay and Lincoln Rd, and within walking distance to Sunset Harbour, the West Ave Corridor, Trader Joe's, Fresh Market, the beach, & all of South Beach. No Assessments.

Location

Details

Type:
Residential
Parking:
1 Space / Covered / Deeded
Year Built:
1982
Lot:
No Data
Heating:
Central
Price/sqft:
$499
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$567

Valuation

Our model vs. what's actually selling nearby.
Estimate
$314,900
$230K – $453K
Confidence Low
List vs. estimate
$34K above estimate
List $349,000 · +10.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$498
-16.5% vs. city median $596
Based on
177 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $481K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,631
2025
HOA
$567/mo
View
Garden View
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    • Elevator

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Covered

    • Deeded

    Property

    • Exterior Features: East Of Us1 / None / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-33-061-0120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $567

    • HOA Frequency: Monthly

    • Annual tax amount: $4,631

  • Source details

    • MLS ID: A12031453

    Other facts

    • Construction Materials: CBS Construction / Stucco

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass / Complete Impact Glass

    • Direction Faces: North

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 700

    • Subdivision Name: BAY POINT EAST CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty