# Bayview Plaza

As of 2026-10-30, Bayview Plaza in South Beach has 2 units for sale at a median asking price of $499K ($544/sqft); 6 units sold in the last 12 months.

Bayview Plaza is a meticulously maintained boutique condominium building in South Beach.

## Key facts

| | |
|---|---|
| Address | 1621 Bay Rd |
| Neighborhood | South Beach |
| Year built | 1997 |
| Floors | 14 |
| Units | 78 |
| Waterfront | no |
| Developer | Lincoln Construction AND Development CORP. |
| For sale | 2 |
| Pending | 1 |
| Median asking price | $499,000 |
| Median asking $/sqft | $544/sqft |
| Sold, last 12 months | 6 |
| Median sold $/sqft, 12 months | $576/sqft |
| Months of inventory | 4.0 |
| Median HOA | $1,130/mo |
| Parking | The building offers covered parking in a secure garage. |

## Own Miami measures

- **own.miami Building Score: 70 (A−)**
  - Value: 89 — $544/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 14 — -13.4% $/sqft over 6 months
  - Liquidity: 75 — 4.0 months of supply · 47 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 55 — Not waterfront
  - Age: 47 — Built 1997 — vs. South Beach buildings
- **Own Miami Condo Index: 92** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 411 of 698 tracked Miami condos)
- **Financeability Index: 72** (good; 12-month window, 4 recorded mortgages, 50% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2032)

## Building health (verified public records)

- Public records checked 2026-10-26: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — Regulated lenders recorded 4 purchase or refinance loans on this building in the last 12 months, financing 50% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 72/100. (2026-10-31)
- positive: No special assessment — noted on 1 listings (2026-09-15)
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**How much do condos at Bayview Plaza cost?**

There are 2 condos for sale at Bayview Plaza, from $449,000, with a median asking price of $499,000 ($544/sqft).

**How much are the HOA fees at Bayview Plaza?**

HOA / maintenance fees at Bayview Plaza run around $1,130 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**When was Bayview Plaza built?**

Bayview Plaza was built in 1997, 14 stories, 78 residences.

**Who developed Bayview Plaza?**

Bayview Plaza was developed by Lincoln Construction AND Development CORP..

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Bayview Plaza](https://own.miami/buildings/bayview-plaza/for-sale)
- [West Bay Plaza](https://own.miami/buildings/west-bay-plaza)
- [Magnolia](https://own.miami/buildings/magnolia)
- [The Terrace](https://own.miami/buildings/the-terrace)
- [The Vistas](https://own.miami/buildings/the-vistas)

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Source: Own.Miami — https://own.miami · data as of 2026-10-30
Canonical page: https://own.miami/buildings/bayview-plaza
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai