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1500 Bay Rd, Unit 1548S
+55 more
$739K

Flamingo South Beach Unit 1548S

1500 Bay Rd, Unit 1548S • Miami Beach, FL 33139

at Flamingo South Beach

Beds
2
Baths
2
Living Area
1,061 SF
Price / SF
$697
HOA / Monthly
$1,381
Days on Market
148

About This Unit

Amazing 2Bed/2Baths penthouse unit (15th floor) in Flamingo South Beach. Completely renovated unit w/extra high ceilings, new marble floors, new kitchen cabinets w/Frigidaire stainless steel appliances, full W&D in the unit, new baths w/large showers, built-in closet, new AC, electrical blinds. Fully furnished w/high-end pieces in living area. Balcony overlooking property garden as well as Biscayne Bay and Miami skyline. Amenities include two pools, fully equipped fitness center, small artificial beach, 24 hour front desk and security, coffee shops, hair salon, spa, valet parking. Unit can be legally rented through AIRBNB w/30 days minimum lease. Close to shops, restaurants & beach. Best deal in the building! One of few units in complex with assigned covered parking space.

Pricing at Flamingo South Beach — $697/sqft
Flamingo South Beach Unit 1548S is listed at $697/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Flamingo South Beach.
Time on Market — 148 days
Flamingo South Beach Unit 1548S has been on the market for 148 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $699,000. Increased to $739,000 on Oct 23, 2025 (after 65 days on market) — +5.7% (+$40,000).
Estimated Monthly Cost
Mortgage (P&I)
$4,013
HOA
$1,381
Property Tax
$667
Total / mo
$6,061
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.08%. HOA $1.3/sqft · All-in $5.71/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1960 (66 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 1548S
Year Built: 1960
Stories: 15
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,381 / Monthly
View: Bay
Waterfront: Yes
Private Pool: No
Heating: None
Cooling: Central Air
Days on Market: 148
Listed: August 20, 2025
MLS #: A11862513

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: MLR Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11862513 • Updated Jan 16, 2026 • Photos uploaded 251 days ago — check listing for current condition.