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Homes for sale in Miami Beach
Condominium

1500 Bay Rd # 1558S

Miami Beach, FL 33139
$575,000
Beds
1
Baths
1
Sq ft
788
Year built
1960
Price per sq ft
$730

Listing courtesy of Enrico Discolo, Discolo Real Estate, Inc.

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.

Details

Property

Type
Condominium
Style
Penthouse
Building
Condo 5+ Stories
Year built
1960
Stories
15
Building name
FLAMINGO SOUTH BEACH
Subdivision
FLAMINGO SOUTH BEACH I CO
County
Miami-Dade County
View
Bay, Garden View, Skyline
Flood zone
AE

Interior

Appliances
Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Flooring
Parquet, Wood
Cooling
Central Air
Laundry
Common Area
Features
Closet Cabinetry

Exterior and parking

Exterior
Courtyard
Parking
Parking-Under Building, Valet
Construction
CBS Construction

Community and fees

Association fee
$950 monthly
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
Maintenance 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
Smoke Detector, Doorman, Elevator Secure, Card Entry, Guard At Site
Pets
Restrictions Or Possible Restrictions
Annual taxes
$6,772
Terms
All Cash, Conventional
Minimum lease (days)
30

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated May 20, 2026.