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1301 Flamingo Way, Miami Beach FL 33139

House For Sale
$4,900,000

BTC: 60.71871128

ETH: 2,041.66666667

New
5 bds
3 ba
2,743 sqft

Overview

Investment Opportunity in Prime South Beach Location. Don’t miss this rare chance to own a home in one of South Beach’s most desirable neighborhoods. This charming 5-bedroom, 3-bathroom property offers incredible potential and long term upside. Whether you're looking to re-develop into multi-family or renovate to your personal taste, this property is a smart move for investors and end-users alike. Located within walking distance to Lincoln Road, parks, coffee shops, and Whole Foods — convenience and lifestyle come together here. No HOA.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
1941
Lot:
6000 Square Feet
Heating:
Central
Price/sqft:
$1,786
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,312,500
$822K – $3.9M
Confidence Low
List vs. estimate
$3.6M above estimate
List $4,900,000 · +273.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,786
+85.8% vs. city median $961
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $352K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,927
2025
View
None, Other
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Other Equipment/Appliances

    • Washer

    Other interior features

    • First Floor Entry

    • Den/Library/Office

    • Family Room

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 3

  • Parking

    • Driveway

    Property

    • Exterior Features: Other

    Lot

    • Lot: 6000 Square Feet

    Other Property Information

    • Parcel Number: 02-32-33-016-0250

    • Zoning: 3900

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $2,927

  • Source details

    • MLS ID: A12076711

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Direction Faces: South

    • Architectural Style: Attached / One Story

    • Living Area: 2743

    • Water Source: Municipal Water

    • Subdivision Name: ALTON BEACH BAY FRONT RE-

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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Market around this address

Live counts in the same area.
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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: Compass Florida, LLC