Bentley Bay Condos — South Beach

520 & 540 West Ave, Miami Beach, FL 33139 · Miami Beach

3 for sale5 for rent$850K – $2.0M$1,095 / sqft median

About Bentley Bay

Rising 24 stories at 520 & 540 West Ave in South Beach, Bentley Bay is a condominium tower, completed in 2004 with 168 residences. It was developed by Riccardo Olivieri and designed by Arquitectonica.

3 residences are for sale right now, asking $850K to $2.0M (a median $1,095 per square foot). By size: 2 one-bedrooms from $850K and 1 two-bedroom from $2.0M. 5 residences are offered for rent, $8,295–$10,000 per month.

In the last year, 8 sales closed at Bentley Bay at a median $1.5M ($1,162/sq ft), typically going under contract in about 69 days. That median is up 90% on the prior year. By size, one-bedrooms sold for a median $800K, two-bedrooms sold for a median $1.5M and three-bedrooms sold for a median $2.4M. 18 leases were signed over the same period at a median $7,500 a month (one-bedrooms $5,000, two-bedrooms $8,750 and three-bedrooms $13,000).

Amenities include a fitness center, a doorman, a pool, a sauna, a spa and community.

Bentley Bay Building Facts

The Building

Address
520 & 540 West Ave, Miami Beach, FL 33139
Neighborhood
South Beach
City
Miami Beach, FL 33139
County
Miami-Dade County
Year built
2004
Stories
24
Residences
168
Bedrooms
1 – 3 bedrooms
Bathrooms
1 – 4 baths
Developer
Riccardo Olivieri
Architect
Arquitectonica
Construction
CBS Construction
Legal name
The Bentley Bay Condominium

Ownership Costs & Rules

HOA fees
$1,558 – $2,724/mo
HOA average
$1,947/mo
HOA per sq ft
$1.95/sq ft per month
HOA includes
All Amenities, Building Exterior, Common Area, Elevator, Insurance, Pool Service, Air Conditioning Maintenance, Cable Tv
Pets
Allowed with restrictions
Leasing
12 months minimum · up to 2× a year

Market — Last 12 Months

Closed sales
8
Median sold price
$1.5M
Median sold $/sq ft
$1,162
Median days on market
69 days
Leases signed
18
Median rent
$7,500/mo
Price change vs. prior year
+90%

Views, Parking & Security

Waterfront
Yes
Views
Bay, Intracoastal, Ocean, Skyline
Parking
1 Space, Valet, Limited # Of Vehicle
Security
Doorman, Elevator Secure, Card Entry

HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.

Bentley Bay Amenities

Pool, Spa & Fitness

  • Exercise Room
  • Pool
  • Sauna
  • Spa/Hot Tub
  • Community Pool
  • Hot Tub

Security & Access

  • Doorman
  • Card Entry
  • Guard At Site
  • Lobby Attended
  • Lobby Secured

Social & Leisure

  • Cabana

Services & Building

  • Elevator(s)
  • Elevator Secure
  • Bike Storage
  • Management On Site
  • Trash Chute

More Amenities

  • Fire Sprinklers
  • Community
  • Above Ground
  • Activity Room
  • Additional Amenities
  • Fire Alarm

Bentley Bay Residence Features

  • Bay
  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Fire Sprinklers
  • Ice Maker
  • Clear Impact Glass
  • Electric Range
  • Elevator
  • First Floor Entry
  • Impact Glass
  • Open Balcony
  • Self Cleaning Oven
  • Walk-In Closet(s)
  • Blinds
  • Complete Impact Glass
  • High Impact Windows
  • Interior Hall
  • Intracoastal View
  • Lobby
  • Marble
  • Ocean

Features vary by residence — confirm details for any specific unit with us.

Floor Plans & Residences at Bentley Bay

Residence configurations observed across current and recent Bentley Bay listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 1 Bath776–779 sqft2—$850K$1,095
2 Bed / 2 Bath1,058–1,499 sqft15$2.0M$1,328
2 Bed / 3 Bath1,929 sqft————
3 Bed / 4 Bath1,994 sqft————

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

Bentley Bay Listings

Bentley Bay Market Report

Over the last 12 months, 8 condo sales closed in Bentley Bay at a median of $1.5M ($1,162/sqft), median 69 days on market. Median sold prices are up 90.1% year-over-year. 18 leases were signed at a median of $7,500/mo ($6.44/sqft). Computed from recorded MLS closings; updates automatically.

0$2.5M$5.0MNovDecJanFebMarAprMayJunJulAugSepOctNov: $1.1M (2 sales)Dec: $1.7M (1 sales)Jan: $1.5M (2 sales)Feb: $2.8M (1 sales)Jun: $875K (1 sales)Oct: $2.4M (1 sales)$1.1M$2.8M$2.4M
$1.5M
Median (12 mo)
8
Sales (12 mo)
69 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed3$800K$1,027228$5,000$6.42
2 Bed2$1.5M$1,2151598$8,750$6.99
3 Bed3$2.4M$1,191442$13,000$6.52
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Nov 20252$1.1M$1,0401593$9,000$6.74
Dec 20251$1.7M$1,162691$11,000$5.52
Jan 20262$1.5M$1,2151422$8,750$8.27
Feb 20261$2.8M$1,392291$7,500$5.99
Mar 2026————1$7,500$5.99
Apr 2026————2$5,950$7.64
May 2026————3$5,000$6.42
Jun 20261$875K$1,12616———
Jul 2026————2$13,000$7.44
Aug 2026———————
Sep 2026————2$5,200$6.69
Oct 20261$2.4M$1,191441$8,750$6.99

Bentley Bay Location & Address

Address

520 & 540 West Ave, Miami Beach, FL 33139

South Beach · Miami Beach · Miami-Dade County

Get directions

Similar Buildings to Bentley Bay

Buyers weighing Bentley Bay tend to shortlist these South-beach buildings in a comparable price band:

Bentley Bay — Frequently Asked Questions

What do condos at Bentley Bay sell for?

Current asking prices run $850K–$2.0M across 3 listings. Closed sales over the past year had a median of $1.5M, or $1,162 per square foot. Typical sale prices: one-bedrooms $800K, two-bedrooms $1.5M and three-bedrooms $2.4M. Exact value depends on floor, line, view and finish.

Are there condos for sale at Bentley Bay right now?

Yes — 3 residences are for sale, the least expensive at $850K. Mix: 2 one-bedrooms and 1 two-bedroom. 5 units are also available for rent.

What does it cost to rent at Bentley Bay?

The median rent over the past twelve months was $7,500 a month across 18 leases. One-bedrooms rented for about $5,000, two-bedrooms rented for about $8,750 and three-bedrooms rented for about $13,000. 5 units are available to lease today. Minimum lease terms are set by the association — ask us for Bentley Bay’s current rental policy.

Are prices going up at Bentley Bay?

The median sale price is up 90% compared with the prior twelve months. Units that sold took a median 69 days to go under contract. 8 sales closed in the last year.

When was Bentley Bay built?

Bentley Bay was completed in 2004 and has 24 stories and 168 residences. The project credits developer Riccardo Olivieri and architect Arquitectonica.

Where is Bentley Bay located?

Bentley Bay is at 520 & 540 West Ave, Miami Beach, FL 33139, in South Beach. Nearby comparable buildings include Cosmopolitan, 1500 Ocean Drive and Waverly South Beach.

How does Bentley Bay compare with nearby buildings?

Bentley Bay lists from $850K to $2.0M today. For comparison, Cosmopolitan asks $650K–$1.6M, 1500 Ocean Drive asks $1.4M–$2.3M and Waverly South Beach asks $485K–$1.6M.

Living at Bentley Bay: Summary

Bentley Bay is a condominium in South Beach, Miami Beach, FL 33139 (Miami-Dade County). Current snapshot — 3 for sale, 5 for rent and 8 sold in the past year. Buyers comparing it also look at Cosmopolitan, 1500 Ocean Drive and Waverly South Beach. For a private showing, off-market availability or a valuation of your unit at Bentley Bay, call Matthew Gromadzki at +1 786-370-8570.