1658 Bay Rd # 504, Miami Beach FL 33139 | Miami-Dade County | A11778273
- $535,000
- Condominium
- 1
- 1.5
- 1
- 858 Sq Ft
- $535,000
Description
Experience the best of South Beach living in a highly desirable area in this meticulously renovated corner unit. No detail was overlooked. Complete gut renovation. Enjoy peace of mind with a brand-new AC system w/ ductwork, upgraded electric panel, new water heater. The kitchen features premium Quartzite countertop, Bosch appliances, premium marble bathroom w/ custom cabinetry, Kohler sink designed by Daniel Arsham. Porcelain tile flooring flows seamlessly throughout, while custom doors, Legrand outlets, LG washer and dryer add comfort and style. It is a quiet, well-maintained boutique building with full reserves and low HOA fees. Located just steps from Sunset Harbour, Lincoln Road, and the Venetian Causeway, you’re at the epicenter of South Beach’s most vibrant and walkable neighborhood.
Property Overview
This is a 1-bedroom, 1.5-bath condominium of about 858 square feet at 1658 Bay Rd # 504, Miami Beach FL 33139 (Miami Beach 33139), listed at $535,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $550.
The tax of record is $6,211 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $10,700/yr (≈ $892/mo); with the homestead exemption on a primary residence, about $9,700/yr (≈ $808/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 1658 Bay Rd # 504 is $535,000. Fixtures and built-in appliances generally convey with the home, but the MLS record does not state if the unit is furnished; you must confirm exactly which items convey.
Shared community amenities include bike storage, laundry, and elevators. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Where exactly is it, and what should I know about the location?
This unit is located at 1658 Bay Rd # 504, Miami Beach FL 33139. The property sits within the coastal corridor of Miami Beach 33139.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify specific location details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $550. This cost covers all amenities, building exterior, common area, elevator, hot water, insurance, laundry facilities, parking, pool service, reserve fund, sewer, trash removal, and water.
The community is subject to city ordinances found at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $6,211 (2024). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the annual cost is about $10,700/yr (≈ $892/mo) without homestead, or about $9,700/yr (≈ $808/mo) with the homestead exemption on a primary residence.
Florida's homestead exemption lowers taxable value only for a primary residence. Confirm these estimates, not quotes, with the Miami-Dade Property Appraiser and a tax professional. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify.
Is the home in a flood zone, and what does that mean?
Flood zones categorize areas by their risk of flooding, as defined in the FEMA definitions. Lenders often require flood insurance for properties located in high-risk zones. View the FEMA flood map for this address to see the specific designation for 1658 Bay Rd # 504.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions) according to the MLS record. We will provide the association's exact current pet rules for this unit upon request.
Separate federal accommodation rules apply if a documented service animal or ESA is involved. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The list price of $535,000 for this 1bd/1.5ba unit is derived from a CMA focusing on the building and vicinity.
I will provide a Miami Beach-specific CMA before you set an offer to ensure the value is accurate. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval before touring 1658 Bay Rd # 504 to establish your buying power for this $535,000 property. Consult a Florida Licensed Mortgage Loan Originator to formalize your financing.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Monthly Fees & Carrying Costs
| Association Fee | $550 / month |
| Total Monthly Fees | $550 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Bay Rd
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33139
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Area: LINCOLN PALACE CONDO
Details
Updated on August 18, 2026 at 8:40 pm-
Property ID A11778273
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Price $535,000
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Property Size 858 Sq Ft
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Bedroom 1
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Room 0
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Bathrooms 1.5
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Garage 1
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Year Built 1970
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor
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Bedroom Features Entry Level, Primary Bath Shower
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Cooling Central Air
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Association Type Condo
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Building Lincoln Place Condo
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Association Fee Frequency Monthly
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Area Lincoln Palace Condo
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Annual Tax 6211
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Association Yes
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Elementary School North Beach
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 1
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Subdivision LINCOLN PALACE CONDO
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Total Stories 7
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Restrictions No Daily Rentals, Other Restrictions, See Broker Remarks
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Amenities Bike Storage, Laundry, Elevator(s)
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Parking 1 Space, Assigned, Deeded
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2024
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Construction CBS Construction
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Building Area 858
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Covered Spaces 1
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Middle School Nautilus
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Unit Floor 5
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View Bay, Water View
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Year Built Details Resale
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High School Miami Beach
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Pets Allowed Yes
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Attached Yes
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Unit Number 504
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Half Bathrooms 1
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 550
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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