Own South Beach

Sails

1401 Bay Rd · Built 1999 · 5 floors · 52 residences

For sale
0
0 pending
Sold, 12 months
3
3 recorded sales
Last sale
$490K
Aug 31, 2026
Last sale, per sqft
$495/sqft
$520/sqft sold, 12 mo
Sails
Listing photo · courtesy of Fortune International Realty · MLS #A11995682
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No units for sale right now

3 sold in the last 12 months. Get an email the moment a unit lists here — and our team will reach out so you can move first.

Off-market and pocket listings never hit the portals. Ask us — we know who is thinking of selling.

Sails is a boutique building featuring only 52 units situated in a quiet residential neighborhood in the heart of South Beach. The property is located within walking distance of Lincoln Road and is just blocks away from various restaurants and bars.

The building offers a pool and is situated in a prime location near Sunset Harbour, beaches, dining, and shopping. Residents have access to a private balcony with views of lush palms and serene surroundings.

Live near more of Miami

What surrounds Sails: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
73
/ 100
A−
own.miami Score

A data-grounded score for Sails from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value73
$520/sqft — vs. Miami condos
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health90
No verified records yet — listing signals only
Waterfront55
Not waterfront
Age38
Built 1999
own.miami Condo Index
68100 = the median Miami condo, by price and liquidity.
Rank
#455 of 597 tracked Miami condos
Top 76% by price & liquidity
#78 of 86 in South Beach
Momentum
→ Steady
$520/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Sails; bars are closings per month.

Not enough closed sales yet for a trend.

Location

Nearby buildings within half a mile.

Building facts

Address
1401 Bay Rd
Year built
1999
Floors
5
Residences
52
Waterfront
No

Amenities

  • · Pool
  • · Restrooms in the pool area

Building rules

Parking
The gated community includes one covered assigned parking space.

Special assessments & recertification outlook

Elevated
  • Built 1999 — past its first structural milestone; next inspection around 2034

Estimated from Sails’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

Is Sails a good time to buy?+

Sails currently has about 0.0 months of supply — a seller-friendly pace.

Is Sails a waterfront building?+

Sails is not directly on the water.

When was Sails built?+

Sails was built in 1999, 5 stories, 52 residences.

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