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1500 Bay Rd # 830S, Miami Beach FL 33139

Condo/Co-op For Sale
$549,000

BTC: 6.71765066

ETH: 223.17073171

New
Waterfront
1 bds
1 ba
722 sqft

Overview

Owner/agent Johanna Viac. DIRECT BAY VIEW, Investor opportunity! Modern 1-bedroom, 850 sq ft condo with stunning unobstructed direct Biscayne Bay views at Flamingo Towers. Currently rented at $3,490/month through May 2027—strong cash flow in place. Enjoy a private balcony overlooking the water. Located in the heart of South Beach, this waterfront condo offers prime walkability to Lincoln Road, Ocean Drive, dining, shopping, and the beach. Residents enjoy resort-style amenities: bayfront heated pools, 14,000 sq ft fitness center with yoga/spin, spa/hot tub, outdoor BBQ & lounge, dog park, baywalk promenade, tennis/basketball courts, business center, on-site café/restaurant, valet, and 24-hour security, dockage marina available. Rare tenant-occupied South Beach investment condo with bay views, modern style, and solid rental income until May 2027. Ideal for buyers seeking cash-flowing Miami Beach real estate in a highly desirable Flamingo South Beach community. Pet friendly.

Location

Details

Type:
Residential
Parking:
1 Space / Covered
Year Built:
1960
Lot:
No Data
Heating:
Central
Price/sqft:
$760
Cooling:
Central Air
HOA:
$939

Valuation

Our model vs. what's actually selling nearby.
Estimate
$349,000
$229K – $540K
Confidence Low
List vs. estimate
$200K above estimate
List $549,000 · +57.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$760
+26.0% vs. city median $603
Based on
172 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $389K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,024
2025
HOA
$939/mo
View
Bay, Skyline
Waterfront
Navigable Water, Ocean Access
Garage
1 car garage
Furnished
Furnished,Furniture Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    • Wall Oven

    Other interior features

    • Closet Cabinetry

    • Elevator

    • Walk-In Closet(s)

    • Family Room

    • Storage

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Covered

    Property

    • Exterior Features: Other / Barbeque / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-33-079-2000

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $939

    • HOA Frequency: Monthly

    • Annual tax amount: $7,024

  • Source details

    • MLS ID: A12104375

    Other facts

    • Construction Materials: Concrete Block Construction

    • Fireplace Features: Fireplace

    • Patio And Porch Features: Open Balcony

    • Direction Faces: South

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 722

    • Subdivision Name: FLAMINGO TOWER

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Viac and Co, Inc.