$515,000
Sold · June 16, 2026
1401 Bay Road 405
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $515,000
- Vs. list price
- 1.9% under
- Days on market
- 182
- Price per sq ft
- $520
This 2-bedroom condo in The Sails Condo sold for $515,000 on June 16, 2026. That was 1.9% below its final list price of $525,000. It first came on the market at $650,000, so the price was adjusted before it sold. It spent 182 days on the market.
Listing Snapshot
- Sold Price
- $515,000
- Sold On
- June 16, 2026
- Days on Site
- 182 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 990 sqft
- Total Sq Ft
- 990 sqft
- Year Built
- 1999
- Property Type
- Condo
- MLS #
- A11927980
- Property Tax
- $7,452 (2025)
- HOA Fees
- $768 / Monthly
- Subdivision
- THE SAILS CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Welcome to this light-filled 2BD/2BA residence in the heart of Miami Beach, offering tranquil bay views and effortless indoor-outdoor living. The open-concept layout features polished concrete floors, a modern kitchen with stainless steel appliances and breakfast bar, and a spacious living and dining area ideal for entertaining. Step onto the private balcony to enjoy lush palm views and serene surroundings. Both bedrooms are generously sized, including a primary suite with ample closet space and en-suite bath. The building offers a pool, parking, and a prime location just moments from Sunset Harbour, Lincoln Road, beaches, dining, and shopping. A perfect full-time residence, second home, or investment opportunity in one of Miami Beach’s most desirable neighborhoods.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1999
- Property Condition
- Resale
- Number of Stories
- 5
- Garage Spaces
- 1
- Parking
- Assigned / On Street
- Living Sq Ft
- 990
- Total Sq Ft
- 990
Interior Features
- Appliances
- Dryer / Electric Range / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Concrete
- Interior Features
- Bedroom On Main Level
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Bay / City / Water
Community & HOA
- HOA Fee
- $768 / Monthly
- HOA Includes
- Common Areas / Pools / Trash
- Association Amenities
- Elevators / Picnic Area / Pool / Trails
- Security
- Key Card Entry / Other
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
The Sails Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $525,000 to $530,000. At least one resident per home must be 55 or older. Pure Equity lists homes in The Sails and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 0
Frequently Asked Questions
- How do I schedule a tour of 1401 Bay Road 405, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1401 Bay Road 405, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1401 Bay Road 405, Miami Beach, FL 33139 still available?
- 1401 Bay Road 405, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 182 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1401 Bay Road 405, Miami Beach, FL 33139?
- With 20% down ($105,000) on the $525,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1401 Bay Road 405, Miami Beach, FL 33139 is about $2,759/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1401 Bay Road 405, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1401 Bay Road 405, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1401 Bay Road 405, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1401 Bay Road 405, Miami Beach, FL 33139 carries an HOA fee of about $768 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1401 Bay Road 405, Miami Beach, FL 33139?
- 1401 Bay Road 405, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1401 Bay Road 405, Miami Beach, FL 33139?
- Often, yes. The right offer on 1401 Bay Road 405, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$515,000
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Listed by Ashley Boyd, One Sotheby's International Realty
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Recent Sales
Recently sold homes in The Sails Condo
These are the last 2 recorded closings in The Sails Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $596 per square foot. The most recent closed on August 31, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$490,000
Sold · August 31, 2026
1401 Bay Road 412
2 bed · 2 bath · 990 sqft · $495/sqft
$40,000 under the asking price
Sold$590,000
Sold · August 14, 2026
1401 Bay Road 409
2 bed · 2 bath · 990 sqft · $596/sqft
$9,000 under the asking price
See every recorded sale in The Sails Condo or find out what your The Sails Condo home is worth.
