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1500 Bay Rd # 1558S, Miami Beach FL 33139

Condo/Co-op For Sale
$575,000

BTC: 8.98437500

ETH: 329.32416953

189 days
Waterfront
1 bds
1 ba
788 sqft

Overview

Fully tastefully remodeled and turnkey Penthouse 1-bedroom at Flamingo South Beach, showcasing refined finishes and a bright, sophisticated design. Enjoy sweeping bay and skyline views, an open living area filled with natural light, and a modern kitchen with peninsula seating and stainless-steel appliances. The bedroom features custom-built closet cabinetry, while updated flooring and curated décor elevate the residence with a luxurious, move-in-ready feel. Sold fully furnished—including all West Elm high end furniture—offering a seamless lifestyle or an immediate rental-ready opportunity. The unit has also generated strong income for the current investor-owner, further underscoring its value and appeal. Flamingo South Beach is one of the few buildings in Miami Beach that permits 30-day minimum short-term rentals. While not all owners choose to take advantage of this flexibility, the property may be rented short term, including on platforms such as Airbnb or Vrbo, with the proper permits. The community delivers a true resort experience with two bayfront pools, cabanas, hot tub, world-class fitness center with dedicated complimentary fitness classes for residents, studios, on-site Pura Vida, café, restaurant, salon, and an expansive Baywalk. Gated entry, 24-hour security, and on-site conveniences enhance everyday comfort. Prime walkability to Sunset Harbour, Lincoln Road, Trader Joe’s, Whole Foods, Publix, and Miami Beach’s top dining and wellness destinations.

Location

Florida • Miami Beach • 33139 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
Other / Parking-Under Building / Valet
Year Built:
1960
Lot:
No Data
Heating:
None
Price/sqft:
$730
Cooling:
Central Air
HOA:
$950

Valuation

Our model vs. what's actually selling nearby.
Estimate
$374,950
$235K – $564K
Confidence Low
List vs. estimate
$200K above estimate
List $575,000 · +53.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$729
+22.3% vs. city median $596
Based on
202 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $454K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,772
2025
HOA
$950/mo
Pool
Private
View
Bay, Garden View
Waterfront
Yes
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Parquet

    • Wood

    Heating

    • None

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • Other

    • Parking-Under Building

    • Valet

    Property

    • Pool Private: Yes

    • Exterior Features: Courtyard

    Other Property Information

    • Parcel Number: 02-32-33-079-3930

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $950

    • HOA Frequency: Monthly

    • Annual tax amount: $6,772

  • Source details

    • MLS ID: A11921620

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Window Features: Clear Impact Glass

    • Architectural Style: Penthouse

    • Waterfront: Yes

    • Living Area: 788

    • Subdivision Name: FLAMINGO SOUTH BEACH I CO

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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1500 Bay Rd # 666S, Miami Beach FL 33139

Market around this address

Live counts in the same area.
View all
This zip
33139
1,079
median $588K
Active
Same city
Miami Beach
2,606
median $650K
Active
Same type
Condo/Co-op
1,941
median $525K
Active
Similar price
$402K – $747K
571
median $535K
Active

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: Discolo Real Estate, Inc.