Sold for $775,000

$775,000

1621 Bay Rd #Penthouse 5, Miami Beach, FL 33139

2beds

840sqft

Condominium

Built in 1997

-- sqft lot

$785,200 Zestimate^®

$923/sqft

$3,479 Estimated rent

Home value

$785,200

$730,000 - $848,000

$3,479/mo

Zestimate^® history

Owner options

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$3,479/mo

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$3,479/mo

Rent Zestimate^®

Refinance and save

$6,523/mo

Est. payment

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$6,523/mo

Est. payment

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What's special

Stunning Penthouse condo ideal for entertaining offering a luxurious lifestyle in a vibrant and desirable location just steps from Lincoln Road. The expansive rooftop wraparound terrace delivers endless South Beach, and Miami skyline views to enjoy with family and friends. Brand new appliances, modern kitchen, porcelain tile floors throughout. Low maintenance, washer/dryer in unit, crown molding, designer granite and custom cabinetry. Bayview Plaza amenities includes pool, jacuzzi, recreation room, fitness center, gated parking space. Pet-friendly building.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Electric

Appliances

Included: Dishwasher, Disposal

Features

Interior Hall, Built-in Features
Flooring: Ceramic Tile
Doors: High Impact Doors

Interior area

Total structure area: 840
Total interior livable area: 840 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space
Garage spaces: 1

Features

Exterior features: Balcony
Has private pool: Yes
Pool features: Private Pool
Fencing: Fenced
Has view: Yes
View description: Bay, Intracoastal View, Ocean, Skyline
Has water view: Yes
Water view: Bay,Intracoastal View,Ocean

Details

Parcel number: 0232330630770

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

Concrete Block Construction

Condition

New Construction
New construction: Yes
Year built: 1997

Community & HOA

Community

Security: Complex Fenced, Elevator Secure, Phone Entry, Fire Alarm, Secured Garage/Parking, Intercom In Lobby, Lobby Secured, Stairs Secured, TV Camera
Application fee: $100
Subdivision: Bayview Plaza Condo

HOA

Has HOA: Yes
Amenities included: Bike Storage, Billiard Room, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Trash
HOA fee: $1,014 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $923/sqft
Tax assessed value: $605,099
Annual tax amount: $5,881
Date on market: 10/24/2023
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
3/12/2024	Sold	$775,000-3%$923/sqft
Source: MIAMI #A11475087 Report a problem
12/18/2023	Contingent	$799,000$951/sqft
Source: MIAMI #A11475087 Report a problem
11/7/2023	Price change	$799,000-5.9%$951/sqft
Source: MIAMI #A11475087 Report a problem
10/24/2023	Listed for sale	$849,000-1.2%$1,011/sqft
Source: MIAMI #A11475087 Report a problem
9/8/2023	Listing removed	--
Source: MIAMI #A11383074 Report a problem
7/29/2023	Price change	$859,000-2.9%$1,023/sqft
Source: MIAMI #A11383074 Report a problem
5/20/2023	Price change	$885,000-4.3%$1,054/sqft
Source: MIAMI #A11383074 Report a problem
5/5/2023	Listed for sale	$925,000+50.4%$1,101/sqft
Source: MIAMI #A11383074 Report a problem
4/30/2014	Sold	$615,000+1004.1%$732/sqft
Source: Public Record Report a problem
9/24/2008	Sold	$55,700-86.4%$66/sqft
Source: Public Record Report a problem
1/29/2008	Sold	$410,000$488/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,352 +13.8%	$605,099 +14%
2024	$9,974 +63.1%	$530,789 +45.5%
2023	$6,117 +4%	$364,843 +3%
2022	$5,881 +0.5%	$354,217 +3%
2021	$5,850 -0.3%	$343,900
2020	$5,868 -5.7%	$343,900 -5%
2019	$6,225 -25.1%	$362,000 -25%
2018	$8,309	$482,895 -3%
2017	$8,309 -4.5%	$497,830
2016	$8,703 -4%	$497,830
2015	$9,063 +25.4%	$497,830 +40%
2014	$7,225 +1.2%	$355,590
2013	$7,137	$355,590 +3.3%
2012	$7,137 +4.7%	$344,208 +10%
2011	$6,819 +8.6%	$312,917 +10%
2010	$6,277 +7.3%	$284,470
2009	$5,852 -44.9%	$284,470 -46%
2007	$10,628 +28%	$526,800
2006	$8,302	--
2005	$8,302 +7.9%	--
2004	$7,691 +8.6%	--
2003	$7,085 +46.1%	--
2002	$4,851	--
2001	$4,851	--