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Sails (The)

1401 Bay Rd, Miami Beach, FL, 33139
52
RESIDENCES
5
STORIES
1999
YEAR BUILT
$530K – $599K+
VALUE RANGE

The Sails is a boutique condominium at 1401 Bay Road in Miami Beach's West Avenue/Flamingo neighborhood, built in 1999 and comprising 52 residences across 5 stories. Set on quiet, low-traffic Bay Road one block from Biscayne Bay, the gated building offers residents a heated swimming pool and assigned covered garage parking. Its residential side-street setting provides a quieter alternative to the area's high-rises while remaining within a few blocks of Lincoln Road, Sunset Harbour, and South Beach's dining, shopping, and waterfront amenities. The building's modest scale and boutique unit count have made it a recurring choice for buyers seeking a full-time residence, second home, or investment property in South Beach.

Available Residences at Sails (The)

2 Bedroom Condos · 2 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
409$599,0002 / 2990$6053
412$530,0002 / 2990$53561
Neighborhood
South Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

2
Active Listings
▲ 0% vs last month
Avg List Price
$565K
Avg Days on Market
32

INVENTORY BY BEDROOM

  • 2 Bed (2) 100%

INVENTORY TREND (ALL UNITS)

210Aug '25Dec '25Apr '26
2
New Listings
last 3 months
$577
Avg Sale $/SqFt
last 36 months
24
Months of Supply
1
Sold
last 12 months

Market & Community Report

As of July 2, 2026, Sails (The) carries 2 active listings at an average asking price of $565K, with an average time on market of 32 days. Closed sales over the preceding 36 months averaged $577 per sq ft, and 1 transaction closed in the past 12 months — implying 24 months of supply against the current pace of absorption.

Zip code 33139 (Miami Beach) is home to 34,406 residents with a median age of 42.1. Per-capita income stands at $88,782; 55.4% hold a bachelor's degree or higher. 33.9% of units are owner-occupied; 26.7% of residents work from home.

Data current as of July 2, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Sails (The)

How many condos are for sale at Sails (The)?

As of July 2, 2026, 2 residences are actively listed for sale at Sails (The). Current asking prices range from $530K to $599K. Inventory updates daily from the MLS.

How much do condos at Sails (The) cost?

Condos at Sails (The) are currently asking from $530K to $599K. Over the past 36 months, closed sales have averaged $577 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Sails (The)?

Based on MLS closed sales over the preceding 36 months, the average sale price at Sails (The) is $577 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Sails (The) located?

Sails (The) is located at 1401 Bay Rd, Miami Beach, FL, 33139, in the South Beach area.

What neighborhood is Sails (The) in?

Sails (The) is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.

How many units are in Sails (The)?

Sails (The) has 52 residences across 5 stories.

What year was Sails (The) built?

Sails (The) was completed in 1999.

What amenities does Sails (The) offer?

Sails (The) amenities include Heated swimming pool with pool-area restrooms, Gated community, Assigned covered garage parking.

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