HomeCondos for SaleFlamingo South BeachUnit 1558S
1500 Bay Rd, Unit 1558S
+46 more
$575K

Flamingo South Beach Unit 1558S

1500 Bay Rd, Unit 1558S • Miami Beach, FL 33139

at Flamingo South Beach

Beds
1
Baths
1
Living Area
788 SF
Price / SF
$730
HOA / Monthly
$950
Days on Market
1

About This Unit

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.

Pricing at Flamingo South Beach — $730/sqft
Flamingo South Beach Unit 1558S is listed at $730/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 — 1 day
Flamingo South Beach Unit 1558S has been on the market for 1 day.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$3,122
HOA
$950
Property Tax
$564
Total / mo
$4,637
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.18%. HOA $1.21/sqft · All-in $5.88/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: 1558S
Year Built: 1960
Stories: 15
City: Miami Beach
Postal Code: 33139
HOA Fee: $950 / Monthly
View: Bay, Garden View, Skyline
Waterfront: Yes
Private Pool: Yes
Heating: None
Cooling: Central Air
Days on Market: 1
Listed: November 26, 2025
MLS #: A11921620

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: Discolo Real Estate, Inc.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11921620 • Updated Nov 27, 2025 • Photos uploaded 152 days ago — check listing for current condition.