$575,000

1500 Bay Rd # 1558S, Miami Beach FL 33139

1  beds
1  baths
788  sqft
Condominium
Built in 1960
$730/sqft
$950/mo HOA
1 days on market

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.

Interior Details

Bedrooms & bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & cooling

  • Heating: None
  • Cooling: Central Air
  • Laundry: Common Area

Features

  • Flooring: Parquet, Wood
  • Window Features: Clear Impact Glass

Extras

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Security & Smart Features: Smoke Detector, Doorman, Elevator Secure, Card Entry, Guard At Site
  • Video & virtual tour: View Virtual Tour

Property Details

Parking

  • Garage spaces: 0
  • Parking features: Other, Parking-Under Building, Valet

Features

  • Exterior features: Courtyard
  • Has water view: Yes

Public Info

  • Interior Livable Area: 788 sqft
  • Year Built: 1960
  • APN: 02-32-33-079-3930
  • County: Miami-Dade County

Tax Information

  • Annual Tax Amount: $6,772
  • Tax Year: 2025

HOA Details

  • Has HOA: Yes
  • Amenities included: 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
  • HOA fee: $950/mo
  • Application fee: $0
  • Pet fee: $0

Price History

11/27/2025 Listed for Sale
Source: Miami REALTORS®
$575,000
$729/sqft
9/17/2020 Rented
Source: Miami REALTORS®
$2,200
$2/sqft

Estimated Monthly Payment

Customize assumptions below to estimate your monthly cost.

Est.
$4,690
Principal & Interest $2,984
Property Taxes $564
Home Insurance $192
HOA Fees $950
Kevin McCarthy
Kevin McCarthy
Broker & Executive Director of Luxury Sales






    By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.






      By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from miamiforward.com and about your inquiry and other home-related matters, but not as a condition of any purchase.