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Sold for $990,000
  • $990,000

    1577 Bay Rd APT 205, Miami Beach, FL 33139

    2beds
    1,345sqft
    Condominium
    Built in 2006
    -- sqft lot
    $1,022,700 Zestimate®
    $736/sqft
    $6,482 Estimated rent

    Home value

    $1,022,700

    $951,000 - $1.11M

    $6,482/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Marin 305-846-1030,

    Compass Florida, LLC,

    Scott Diffenderfer 305-458-3334,

    Compass Florida, LLC

    Bought with:

    Patricia Bilbao, 3502930

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11563604MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer
    Features
    • Closet Cabinetry, Kitchen Island, Stacked Bedroom
    • Flooring: Tile
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 1,345
    • Total interior livable area: 1,345 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Or More Spaces, Assigned, Covered, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Entry location: First Floor Entry
    • Patio & porch: Deck, Patio
    • Exterior features: Other
    • Pool features: Association
    • Has view: Yes
    • View description: Garden, Other, Skyline
    Lot
    • Features: East Of Us1
    Details
    • Parcel number: 0232330770050

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • CBS Construction
    Condition
    • Year built: 2006

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System, Complex Fenced, Phone Entry, Fire Alarm
    Location
    • Region: Miami Beach
    • Subdivision: So Be Bay Condo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $1,022 monthly
    • Amenities included: Pool
    Other fees
    • Application fee: $100
    • Pet fee: $0

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    11/19/2025Listing removed$6,800$5/sqft
    Source: Zillow Rentals Report a problem
    11/5/2025Listed for rent$6,800-11.7%$5/sqft
    Source: Zillow Rentals Report a problem
    9/28/2025Listing removed$7,700$6/sqft
    Source: Zillow Rentals Report a problem
    9/7/2025Listed for rent$7,700+102.6%$6/sqft
    Source: Zillow Rentals Report a problem
    5/17/2024Sold$990,000-9.6%$736/sqft
    Source: MIAMI #A11563604 Report a problem
    4/19/2024Contingent$1,095,000$814/sqft
    Source: MIAMI #A11563604 Report a problem
    4/11/2024Price change$1,095,000-8.4%$814/sqft
    Source: MIAMI #A11563604 Report a problem
    4/5/2024Listed for sale$1,195,000+91.2%$888/sqft
    Source: MIAMI #A11563604 Report a problem
    4/20/2020Sold$625,000$465/sqft
    Source: MIAMI #A10796876 Report a problem
    1/24/2020Pending sale$625,000$465/sqft
    Source: 7 Seas Realty #A10796876 Report a problem
    1/10/2020Listed for sale$625,000+6.8%$465/sqft
    Source: 7 Seas Realty #A10796876 Report a problem
    6/24/2013Listing removed$3,800$3/sqft
    Source: Zillow Rental Network Report a problem
    12/21/2012Listed for rent$3,800$3/sqft
    Source: Hotpads for Rent Report a problem
    9/2/2010Sold$585,000-9.9%$435/sqft
    Source: Public Record Report a problem
    3/25/2010Price change$649,000-5.8%$483/sqft
    Source: Majestic Properties #M1334869 Report a problem
    12/11/2009Price change$689,000-1.4%$512/sqft
    Source: Majestic Properties #M1334869 Report a problem
    10/17/2009Price change$699,000-5.4%$520/sqft
    Source: Majestic Properties #M1334869 Report a problem
    8/16/2009Listed for sale$739,000+9.5%$549/sqft
    Source: Majestic Properties #M1334869 Report a problem
    7/7/2008Sold$675,000-9.9%$502/sqft
    Source: Public Record Report a problem
    6/20/2008Listed for sale$749,000$557/sqft
    Source: NRT Florida #M1185144 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,680 +30.2%$782,537 +22%
    2024$11,279 -0.6%$641,424
    2023$11,343 +9.5%$641,424 +17.1%
    2022$10,358 +7.7%$547,800 +10%
    2021$9,615 +24.2%$498,000 +13%
    2020$7,742 -8.8%$440,700 -8%
    2019$8,492 -1.7%$479,000 -4.3%
    2018$8,637 $500,366 +2.1%
    2017$8,637 +1%$490,075 +2.1%
    2016$8,555 -1%$479,996 +0.7%
    2015$8,643 -1.7%$476,660 +0.8%
    2014$8,791 +2.8%$472,877 +1.5%
    2013$8,554 $465,889 +1.7%
    2012$8,554 +2.2%$458,102 +3%
    2011$8,371 +9.6%$444,760 +15%
    2010$7,637 -10.5%$386,750 -15%
    2009$8,531 -1.7%$455,000
    2007$8,675 $455,000

    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,022,700
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    Estimated market value
    $1,022,700