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$575,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 788 Sq. Ft.
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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.

Full Property Details for 1500 Bay Rd #1558S

General

  • Price: $575,000
  • HOA FEE: $950/month
  • Taxes: $6,772 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11921620
  • Updated: 11/26/2025
  • Added to Site: 52 day(s) ago

Interior

  • Interior Features: Closet Cabinetry
  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Parquet, Wood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared 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
  • Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Landscaping/Lawn Maintenance, Laundry Facilities, Pool Service, Recreation Facilities, Reserve Fund, Security, Sewer, Trash Removal, Water
  • Security/Safety: Smoke Detector, Doorman, Elevator Secure, Card Entry, Guard At Site

Exterior

  • Exterior Features: Courtyard

Parking

  • Parking Features: Other, Parking-Under Building, Valet

Location

  • Area: Flamingo South Beach I Co
  • County: Miami-Dade County
  • Subdivision: FLAMINGO SOUTH BEACH I CO
  • Building Name: FLAMINGO SOUTH BEACH

School Information

  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Flamingo South Beach I Co
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: None

Structural Information

  • Architectural Style: Penthouse
  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Windows: Clear Impact Glass
  • Entry Floor Number: 15
  • Building Size: 788
  • Square Feet: 788
  • Living Area: 788 Sq. Ft.
  • Year Built: 1960
  • Property Condition: Updated/Remodeled, Completely Renovated

Lot Features

  • Property View: Bay, Garden View, Skyline
  • Frontage: Bay

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Price Per Sq. Ft.: $729.7
  • Association Fee: $950
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $6,772
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: FLAMINGO SOUTH BEACH I CONDO UNIT 1558S UNDIV 0.001622047% INT IN COMMON ELEMENTS OFF REC 24914-3803 OR 24258-4608 0206 6 COC 25059-3823 10
  • Restrictions: No Daily Rentals
  • Inclusions: Community Boat Dock, Dock Available, Private Dock, Dock Available, Marina, Private Dock
  • Property ID: 02-32-33-079-3930

Listed by Discolo Real Estate, Inc.

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Listing agent

— 1500 Bay Rd #1558S —

  • Discolo Real Estate, Inc.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 1500 Bay Rd #1558S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/26/2025
Listed
$575,000
61.97%
MLS
1/30/2023
Sold
$355,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1500 Bay Rd #1558S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,461
30%
$343,813
15%
2023
$4,974
22%
$298,968
42%
2021
$4,072
-2%
$210,912
-5%
2022
$4,161
2%
$221,458
9%
2021
$4,072
-8%
$202,800
-11%
2019
$4,438
1%
$229,000
-2%
2018
$4,400
-1%
$233,991
—
2017
$4,456
-12%
$233,991
-10%
2016
$5,050
3%
$259,990
9%
2015
$4,887
11%
$238,326
10%
2014
$4,402
20%
$216,660
20%
2013
$3,672
—
$180,550
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Discolo Real Estate, Inc.

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1500 Bay Rd #1558S, Miami Beach, FL 33139 (MLS# A11921620) is a Condo property with 1 bedroom and 1 full bathroom. 1500 Bay Rd #1558S is currently listed for $575,000 and was received on November 26, 2025. Want to learn more about 1500 Bay Rd #1558S? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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