For sale

Price cut: $24K (3/16)

$875,000

1621 Bay Rd #Penthouse 1, Miami Beach, FL 33139

2beds

890sqft

Est.:

Condominium

Built in 1997

-- sqft lot

$-- Zestimate^®

$983/sqft

$1,185/mo HOA

What's special

NEW PRICE! Rare penthouse with an expansive private terrace and sweeping views from Biscayne Bay to the Atlantic Ocean. Enjoy breathtaking sunrise and sunset views. Prime South Beach location just half a block from Lincoln Road and one block from Biscayne Bay. Renovated and upgraded with high-grade impact windows and doors. Full-service boutique building with a very reasonable HOA. Jacuzzi permitted on the terrace. Water is included in the HOA.

141 days

355

15

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

None

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Features

Closet Cabinetry, Walk-In Closet(s)
Flooring: Ceramic Tile
Windows: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass, Sliding
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 890
Total interior livable area: 890 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: 1 Space, Covered, Electric Vehicle Charging Station(s), Garage Door Opener
Attached garage spaces: 2

Features

Entry location: First Floor Entry
Patio & porch: Wrap Around
Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Intracoastal View, Ocean
Has water view: Yes
Water view: Intracoastal View,Ocean

Details

Parcel number: 0232330630730

Construction

Type & style

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

Materials

CBS Construction

Condition

Updated/Remodeled,Completely Renovated
Year built: 1997

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Card Entry, Fire Alarm, Secured Garage/Parking, Lobby Secured, TV Camera
Application fee: $0
Pet fee: $0
Subdivision: Bayview Plaza Condo

HOA

Has HOA: Yes
Amenities included: Bike Storage, Laundry, Community Room, Elevator(s), Fitness Center, Pool, Kitchen Facilities, Sauna, Spa/Hot Tub, Trash
HOA fee: $1,185 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $983/sqft
Tax assessed value: $530,789
Annual tax amount: $9,715
Date on market: 11/3/2025
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/16/2026	Price change	$875,000-2.7%$983/sqft
Source: MIAMI #A11907012 Report a problem
1/24/2026	Price change	$899,000-7.8%$1,010/sqft
Source: MIAMI #A11907012 Report a problem
11/4/2025	Listed for sale	$975,000+58.5%$1,096/sqft
Source: MIAMI #A11907012 Report a problem
8/21/2014	Sold	$615,000-1.6%$691/sqft
Source: Public Record Report a problem
6/14/2014	Listed for sale	$625,000+38.5%$702/sqft
Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A1963765 Report a problem
12/20/2007	Sold	$451,400$507/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$9,084 +8.9%	$457,730 +10%
2023	$8,338 +13.7%	$416,119 +10%
2022	$7,334 +10.5%	$378,290 +10%
2021	$6,640 -0.3%	$343,900
2020	$6,658 -5.1%	$343,900 -5%
2019	$7,015 -22.7%	$362,000 -25%
2018	$9,080	$482,895 -3%
2017	$9,080 -4.2%	$497,830
2016	$9,480 -3.9%	$497,830
2015	$9,863 +82%	$497,830 +62.2%
2014	$5,421 +3%	$306,990 +1.5%
2013	$5,264	$302,454 +1.7%
2012	$5,264 +2.4%	$297,399 +3%
2011	$5,142 -4.4%	$288,737 +1.5%
2010	$5,380 +7.1%	$284,470
2009	$5,023 +78.3%	$284,470 +103.7%
2007	$2,817 -11.4%	$139,629
2006	$3,179	--
2005	$3,179 +1.6%	--
2004	$3,128 +3.9%	--
2003	$3,011 +3.2%	--
2002	$2,917	--
2001	$2,917	--