1500 Bay Rd # 1558S, Miami Beach FL 33139

Condo/Co-op For Sale

$575,000

BTC: 7.38932083

ETH: 239.58333333

270 days

Waterfront

For Sale

Condo/Co-op

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

Type:

Residential

Parking:

Other / Parking-Under Building / Valet

Year Built:

1960

Lot:

No Data

Heating:

None

Price/sqft:

$730

Cooling:

Central Air

HOA:

$950

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.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$375,000

$238K – $566K

Confidence Low

List vs. estimate

$200K above estimate

List $575,000 · +53.3%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$729

+21.6% vs. city median $599

Based on

209 MLS comparables

+ 30 public-records sales within 0.5 mi

Median actual sale: $399K

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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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.

1500 Bay Rd # 1558S, Miami Beach FL 33139

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

HOA and Financial Details

Other

More like this

Market around this address