$575,000

Flamingo Point 1500 Bay Rd Unit 1558S Floor 15 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $4,538/month

Total Views 524
1 Bed
1 Bath
788 Sq Ft
$730 Price per Sq Ft

Highlights

  • Doorman
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Marina
  • Community Cabanas
  • Bar or Lounge

About This Home

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.

Listing Agent

Enrico Discolo

Discolo Real Estate, Inc. License #3447427 Listed on: 11/26/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,772

Year Built

  • Built in 1960 | Remodeled

Lot Details

HOA Fees

  • $950 Monthly HOA Fees

Property Views

  • Garden

Home Design

  • 788 Sq Ft Home
  • Penthouse
  • Entry on the 15th floor
  • Concrete Block And Stucco Construction

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property is near a marina
  • Private Dock
  • Courtyard

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

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

Community Details

Overview

  • Flamingo South Beach Condos
  • Flamingo South Beach I Co Subdivision
  • 15-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Bar or Lounge
  • Laundry Facilities
  • Bike Room

Recreation

  • Boat Dock
  • Marina
  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • Clear Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,772

Year Built

Built in 1960 | Remodeled

Lot Details

0

HOA Fees

$950 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Condominium
  • Architectural Style: Penthouse
  • Entry Level: 15
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Community Boat Dock,Dock Available,Private Dock, Dock Available,Marina,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: FLAMINGO SOUTH BEACH I CO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 575000
  • InternetRemarks: Turnkey penthouse with bay views, custom closets, and strong rental income. Fully furnished. Resort amenities, Baywalk, Pura Vida, top location.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Parquet, Wood
  • Living Area: 788
  • Stories: 15
  • Window Features: Clear Impact Glass
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Garden View, Skyline
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Pool Private: Yes
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FLAMINGO SOUTH BEACH
  • Parking Features: Other, Parking-Under Building, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Common Area
  • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 950
  • Amenities: Bar, Bike Storage, Boat Dock, Cabana, Child Play Area, Laundry, Elevator(s), Exercise Room, Heated Pool, Pool, Private Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-33-079-3930

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6772

Map

About Flamingo Point

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,461 $361,004 -- --
2024 $4,974 $343,813 -- --
2023 $4,974 $243,603 $0 $0
2022 $4,161 $221,458 $0 $0
2021 $4,072 $210,912 $0 $0
2020 $3,926 $202,800 $0 $0
2019 $4,438 $229,000 $0 $0
2018 $4,400 $233,991 $0 $0
2017 $4,456 $233,991 $0 $0
2016 $5,050 $259,990 $0 $0
2015 $4,887 $238,326 $0 $0
2014 $4,402 $216,660 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2025 11/26/25 For Sale $575,000 0.0% $730 / Sq Ft
09/15/2020 09/15/20 Rented $1,800 -18.2% --
04/17/2020 04/17/20 Price Changed $2,200 -12.0% $3 / Sq Ft
03/24/2020 03/24/20 For Rent $2,500 +35.1% --
12/11/2015 12/11/15 Rented $1,850 -15.9% --
11/11/2015 11/11/15 Under Contract -- -- --
05/27/2015 05/27/15 For Rent $2,200 0.0% --
09/26/2013 09/26/13 Sold $325,000 -1.5% $412 / Sq Ft View Prior Sale
08/22/2013 08/22/13 For Sale $330,000 -- $419 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 Ads Title
Special Warranty Deed $325,000 Attorney
Quit Claim Deed -- None Available
Trustee Deed $163,400 None Available
Special Warranty Deed $365,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $248,500 New Conventional
Previous Owner $292,700 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11921620

MIAMI REALTORS® MLS

APN: 02-3233-079-3930

Florida Miami/Dade County Miami Beach 33139 Flamingo

1500 Bay Rd Unit 1558S, Miami Beach, FL

For Sale

Condos

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Enrico Discolo
Listing Agent
Enrico Discolo
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Discolo Real Estate, Inc.
(786) 882-7823