Back 862s/1500 Bay Rd
Off Market

862s/1500 Bay Rd

Miami Beach FL 33139

2
2
1067 sq. ft.
Condo
Last sold for $595,000
Zulma Hernandez CastroZulma Hernandez Castro, last sold this property on 07 May 2026 after 77 days on market.

Overview

Always wanted a place on Miami Beach? The best time to buy was 10 years ago. The next best time? TODAY! Beautiful 2/2 condo with private Bay view balcony. There is nothing better than waking to a sunrise over the Bay. Lincoln Road's shops & restaurants, plus events at the Convention Center, are blocks away. Spring brings Wall Cast concerts for free in the evenings. Close to the beach if you prefer the waves to the 2 community pools. Other amenities include spa, jacuzzi, fitness center, doorman and more. This Condo allows long or short-term rentals (a rare find) so you can take advantage of snowbird demand while you are away.

Features

2 bedrooms
2 bathrooms
1067 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Miami Beach over the last 12 months, the estimated median property value of 862s/1500 Bay Rd is $872.5k.

Median value
$872.5k
Estimated value range
$5.1k - $6.7m
Median days on market
84
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Miami Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 862s/1500 Bay Rd

2026
Sold
$595,000
07 May 2026 by Zulma Hernandez Castro, of REMAX Advance Realty II | Miami
2023
Rented
Undisclosed
01 Feb 2023 by REMAX Advance Realty | Miami
2021
Rented
Undisclosed
29 Nov 2021 by REMAX Advance Realty | Miami

Happy sellers in Miami Beach

94%
94% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Miami Beach over the last 12 months.

Local market activity for 2 bedroom condos in Miami Beach

In the last 12 months, 265 two-bedroom condos similar to 862s/1500 Bay Rd, have been sold.

This represents a 5% decrease in two-bedroom condos sales when compared to the previous 12 months.

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