Bentley Bay Condos — South Beach

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

4 for sale5 for rent$850K – $3.0M$1,328 / sqft median

About Bentley Bay

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

4 residences are for sale right now, asking $850K to $3.0M (a median $1,328 per square foot). By size: 2 one-bedrooms from $850K, 1 two-bedroom from $2.0M and 1 three-bedroom from $3.0M. 5 residences are offered for rent, $8,295–$10,000 per month.

In the last year, 7 sales closed at Bentley Bay at a median $1.5M ($1,162/sq ft), typically going under contract in about 44 days. That median is up 84% on the prior year. By size, one-bedrooms sold for a median $800K and three-bedrooms sold for a median $2.4M. 18 leases were signed over the same period at a median $5,950 a month (one-bedrooms $5,000, two-bedrooms $8,750 and three-bedrooms $13,000).

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
Bedrooms
1 – 3 bedrooms
Bathrooms
1 – 4 baths
Developer
Riccardo Olivieri
Architect
Arquitectonica

Market — Last 12 Months

Closed sales
7
Median sold price
$1.5M
Median sold $/sq ft
$1,162
Median days on market
44 days
Leases signed
18
Median rent
$5,950/mo
Price change vs. prior year
+84%

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.

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
3 Bed / 4 Bath1,994 sqft1—$3.0M$1,479

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, 7 condo sales closed in Bentley Bay at a median of $1.5M ($1,162/sqft), median 44 days on market. Median sold prices are up 84.3% year-over-year. 18 leases were signed at a median of $5,950/mo ($6.44/sqft). Computed from recorded MLS closings; updates automatically.

0$2.5M$5.0MDecJanFebMarAprMayJunJulAugSepOctNovDec: $1.7M (1 sales)Jan: $1.5M (2 sales)Feb: $2.8M (1 sales)Jun: $875K (1 sales)Oct: $2.4M (1 sales)Nov: $800K (1 sales)$1.7M$2.8M$800K
$1.5M
Median (12 mo)
7
Sales (12 mo)
44 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed3$800K$1,0272210$5,000$6.44
2 Bed1$1.5M$1,2151426$8,750$6.99
3 Bed3$2.4M$1,191442$13,000$6.52
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
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
Nov 20261$800K$1,0271353$5,000$6.44

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–$3.0M across 4 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 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 — 4 residences are for sale, the least expensive at $850K. Mix: 2 one-bedrooms, 1 two-bedroom and 1 three-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 $5,950 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 84% compared with the prior twelve months. Units that sold took a median 44 days to go under contract. 7 sales closed in the last year.

When was Bentley Bay built?

Bentley Bay was completed in 2004. 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 South Pointe Tower, Continuum North and Icon South Beach.

How does Bentley Bay compare with nearby buildings?

Bentley Bay lists from $850K to $3.0M today. For comparison, South Pointe Tower asks $1.1M–$2.8M, Continuum North asks $1.9M and Icon South Beach asks $999K–$3.2M.

Living at Bentley Bay: Summary

Bentley Bay is a condominium in South Beach, Miami Beach, FL 33139 (Miami-Dade County). Current snapshot — 4 for sale, 5 for rent and 7 sold in the past year. Buyers comparing it also look at South Pointe Tower, Continuum North and Icon 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.