+8 more
About This Unit
One Bedroom one and a half bath apartment with a balcony. Stove replaced 2025, Fridge replaced 2022, thermostat and inside air conditioner unit replaced 2023 and outside unit replaced in 2022. Washer and dryer and storage area on every floor. One assigned parking space in covered gated garage. Close to the beach, Publix, Surfside and Bal Harbor.
Pricing at Byron Bay Condo — $280/sqft
Byron Bay Condo Unit 405 is listed at $280/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Byron Bay Condo.
Time on Market — 60 days
Byron Bay Condo Unit 405 has been on the market for 60 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $250,000. Reduced to $239,000 on Mar 23, 2026 (after 25 days on market) — -4.4% (−$11,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,298
HOA
$492
Property Tax
$43
Total / mo
$1,833
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 0.22%.
HOA $0.58/sqft · All-in $2.15/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Byron Bay Condo.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 1BR Comps at Byron Bay Condo
UnitListSqft$/sqftDOM
#—
—
854
$280
60
Recent Closed 1BR Sales
ClosedUnitSold$/sqftvs List
2025-08-29
#—
$255,500
$299
—
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1979 (47 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Feb 1988 for $45,000 — held 38 years. They’re now asking $239,000 — +431.1% (+$194,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
🏛 Property Tax Reset
The current owner pays approximately $1,498/yr in property tax thanks to a $160,506 Save Our Homes assessment cap (Florida shelters long-time owners from market-value increases).
On purchase, your assessment resets to full market value — expect roughly $4,708/yr, about 3.1× the current owner’s bill.
Estimate uses Miami-Dade’s ~2% effective millage; your actual bill depends on the millage in the year you close and any homestead exemption you may qualify for.
Sales History
| Date | Price | Type |
|---|---|---|
| Feb 1988 | $45,000 | arm’s-length |
| Sep 1979 | $45,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. County living area: 854 sqft.
Building: Byron Bay Condo
Unit: 405
Year Built: 1979
Stories: 5
City: Miami Beach
Postal Code: 33141
HOA Fee: $492 / Monthly
View: Other View
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Ceiling Fan(s), Central Air
Days on Market: 60
Listed: February 27, 2026
MLS #: A11971100
Location
Listing courtesy of: Xcellence
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11971100
• Updated Apr 28, 2026
