This is a buyers dream opportunity. Best deal for an affordable 2 bedroom condo with a nice view of the bay and downtown. Low monthly maintenance fees, less than $500 a month. Great floor plan, parking for 2 cars with its tandem parking space and great building for pet lovers, no pet restrictions. Must come see to appreciate. Please excuse the lack of pictures, the tenant vacates December 1.
CondoProperty Type
1999Year Built
$569Est. Price/Sq.Ft.
2 car garageParking
Listed by Ty Forkner• One Sotheby's International Realty
•305-502-7103 (agent)
•tforkner@gmail.com (agent)
•305-532-7771 (broker)
•MLS@onesothebysrealty.com (broker)
Bought with Reid Heidenry• One Sotheby's International Realty
The unit has a direct bay view as well as downtown view. The unit is a 2/2 with approximately 1060 Sq. Ft. and is in excellent condition. Both bedrooms have been upgraded with bamboo floors and the layout of the unit is very practical and functional. In a ddition both bedroom closets have been upgraded with a custom design. The living and kitchen area features a beautiful natural stone floor and you are walking distance to Lincoln Rd. and all of what South Beach has to offer. 2 Parking spaces included. .
Public Records
Jun 14, 2005
Sold
$430,000
$413/sq ft
Public Records
Oct 28, 2003
Sold
$285,000
$274/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,483 (−5.1%)
$452,176
2024
$8,940 (+6.9%)
$452,176
2023
$8,365 (+20.2%)
2022
$6,959 (+7.7%)
2021
$6,460 (+7.7%)
2020
$5,998 (−12.1%)
$334,584
2019
$6,821 (+3.7%)
$352,000
2018
$6,575 (+6.6%)
2017
$6,170 (+4.8%)
2016
$5,889 (+7.7%)
$353,020
2015
$5,469 (+16.6%)
2014
$4,689 (−0.1%)
2013
$4,694 (−10.6%)
2012
$5,249 (+3.8%)
2011
$5,055
Tax history for 1401 Bay Rd #406
Year
Property tax
Land + Additions
Assessment*
2025
$8,483 (−5.1%)
$452,176
2024
$8,940 (+6.9%)
$452,176
2023
$8,365 (+20.2%)
2022
$6,959 (+7.7%)
2021
$6,460 (+7.7%)
2020
$5,998 (−12.1%)
$334,584
2019
$6,821 (+3.7%)
$352,000
2018
$6,575 (+6.6%)
2017
$6,170 (+4.8%)
2016
$5,889 (+7.7%)
$353,020
2015
$5,469 (+16.6%)
2014
$4,689 (−0.1%)
2013
$4,694 (−10.6%)
2012
$5,249 (+3.8%)
2011
$5,055
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1999
Sq. Ft.
1,040
Year built
1999
Style
Condo/Co-op
County
Miami-Dade County
APN
0232330660230
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 2026.
RM-1
Residential Multifamily, Low Density District
The RM-1 residential multifamily, low density district is designed for low intensity, low rise, single-family and multiple-family residences.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 2
Parking
Features: Covered
# of Covered Spaces: 2
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Equipment
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Interior Features
Furnished
Flooring: Hardwood, Tile, Wood
Other Features: Bedroom on Main Level, Elevator, Main Living Area Entry Level
Exterior
Building Information
Stories (Total): 5
Year Built Details: Resale
Construction Details: Block
Exterior Features
Exterior Features: Storm/Security Shutters
Security Features: Complex Fenced, Elevator Secured, Phone Entry
Pool and Spa Information
Pool Features: Association, Heated
Property Information
Has View
Direction Faces: East
Entry Location: 4
Entry Level: 4
Has Property Attached
Financial
Tax Information
Annual Tax Amount: $5,889
Tax Year: 2016
Rental Information
PetsAllowedYN: Pets Allowed
Pets Allowed Details: Dogs OK, Yes
Utilities
Utility Information
Utilities: Cable Available
Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s)
Has Heating
Heating: Central
Location
Multi Unit Information
# Of Units In Community: 52
HOA Information
Association Fee: $450
Association Fee Frequency: Monthly
Association Fee 3: 450.0
Association Fee 3 Frequency: Monthly
Association Fee Includes: Common Area Maintenance
Association Amenities: Elevator(s), Pool
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,040
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1999
Year Renovated: 1999
County: Miami-Dade County
APN: 0232330660230
Home facts updated by county records on Sep 19, 2026