$575,000
1500 Bay Road 1558S
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $575,000
- Price per sq ft
- $730
- Vs. nearby sales
- 12.8% above
- Days on market
- 222
This 1-bedroom condo in Flamingo South Beach I Co is listed at $575,000, or $730 per square foot. It has been on the market for 222 days. The 6 most recent condo sales in the closings shown below sold at a median of $647 per square foot, so the asking price is 12.8% above what comparable homes here actually sold for.
Estimated monthly payment
$3,022 /mo
Principal and interest only, based on $115,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $950/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $575,000
- Days on Site
- 222 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 788 sqft
- Total Sq Ft
- 788 sqft
- Year Built
- 1960
- Property Type
- Condo
- MLS #
- A11921620
- Property Tax
- $6,772 (2025)
- HOA Fees
- $950 / Monthly
- Subdivision
- FLAMINGO SOUTH BEACH I CO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1960
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 15
- Garage Spaces
- 0
- Parking
- Covered / Valet
- Living Sq Ft
- 788
- Total Sq Ft
- 788
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- None
- Flooring
- Parquet / Wood
- Interior Features
- Bedroom On Main Level / Closet Cabinetry / Bar
Exterior Features
- Construction
- Block
- Exterior Features
- Courtyard / Outdoor Living Area
- Private Pool
- Yes
- Pool Features
- Private / Association / Heated
- Waterfront
- Yes
- Waterfront Features
- Bayfront
- View
- Bay / City / Garden
Community & HOA
- HOA Fee
- $950 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Maintenance Grounds / Maintenance Structure / Pools / Recreation Facilities / Reserve Fund / Sewer / Security / Trash / Water
- Association Amenities
- Bike Storage / Cabana / Fitness Center / Maintenance Grounds / Laundry / Playground / Pool / Sauna / Spa Hot Tub / Trash / Elevators
- Security
- Elevator Secured / Key Card Entry / Lobby Secured / Smoke Detectors / Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
This home's HOA fee works out to $950 a month, in line with the $948 median across 4 homes for sale in Flamingo South Beach I Co. See Flamingo South Beach I Co HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Flamingo South Beach I Co is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $429,000 to $845,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Flamingo South Beach I Co and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $537,500
- Median $/Sq Ft
- $697
- Avg Days on Market
- 115
Frequently Asked Questions
- How do I schedule a tour of 1500 Bay Road 1558S, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1500 Bay Road 1558S, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1500 Bay Road 1558S, Miami Beach, FL 33139 still available?
- 1500 Bay Road 1558S, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 222 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1500 Bay Road 1558S, Miami Beach, FL 33139?
- With 20% down ($115,000) on the $575,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 Bay Road 1558S, Miami Beach, FL 33139 is about $3,022/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1500 Bay Road 1558S, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1500 Bay Road 1558S, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1500 Bay Road 1558S, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1500 Bay Road 1558S, Miami Beach, FL 33139 carries an HOA fee of about $950 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1500 Bay Road 1558S, Miami Beach, FL 33139?
- 1500 Bay Road 1558S, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1500 Bay Road 1558S, Miami Beach, FL 33139?
- Often, yes. The right offer on 1500 Bay Road 1558S, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Discolo Real Estate, Inc.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$575,000
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Listed by Enrico Discolo, Discolo Real Estate, Inc.
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Recent Sales
Recently sold homes in Flamingo South Beach I Co
These are the last 6 recorded closings in Flamingo South Beach I Co, with the price each home actually sold for rather than what it was listed at. They closed at a median of $663 per square foot. The most recent closed on September 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$660,000
Sold · September 16, 2026
1500 Bay Road 1228S
2 bed · 2 bath · 1,072 sqft · $616/sqft
$30,000 under the asking price
Sold$509,000
Sold · September 11, 2026
1500 Bay Road 1532S
1 bed · 1 bath · 722 sqft · $705/sqft
$40,000 under the asking price
Sold$275,000
Sold · August 17, 2026
1500 Bay Road 1210S
0 bed · 1 bath · 472 sqft · $583/sqft
$10,000 under the asking price
Sold$485,000
Sold · August 11, 2026
1500 Bay Road 1464S
1 bed · 1 bath · 731 sqft · $663/sqft
$34,000 under the asking price
Sold$458,000
Sold · April 17, 2026
1500 Bay Road 866S
1 bed · 1 bath · 726 sqft · $631/sqft
$27,000 under the asking price
Sold$520,000
Sold · March 31, 2026
1500 Bay Road 932S
1 bed · 1 bath · 722 sqft · $720/sqft
$20,000 under the asking price
See every recorded sale in Flamingo South Beach I Co or find out what your Flamingo South Beach I Co home is worth.
