1500 Bay Rd 1558S Miami Beach, FL $ 575,000
1500 Bay Rd 1558S
$ 575,000
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1500 Bay Rd 1558S

Miami Beach, FL, 33139
$ 575,000
Bedrooms1 Baths1.0 Sq 788

Monthly Estimate*

$ 3,587

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Condo for sale in Miami Beach, FL

for $575,000 with 1 bedroom and 1 full bath. This 788 square foot condo was built in 1960.

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.

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Condo Active

Price

$ 575,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 6,772

Style

Year Built

1960

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11921620

Features
General
Heating None
Cooling Central Air
Possession Close Of Escrow
Appliances Dryer Dishwasher Electric Range Microwave Refrigerator Washer
HOA Fee 950
Garage Spaces 0
Association Fee Includes Amenities Common Areas Cable TV Hot Water Laundry Maintenance Grounds Maintenance Structure Pool(s) Recreation Facilities Reserve Fund Sewer Security Trash Water
Architectural Style Penthouse
Pool Features Association Heated
Security Features Door Man Elevator Secured Key Card Entry Security Guard Smoke Detector(s)
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 1960
View Bay City Garden
Unit Number 1558S
Property Subtype Condominium
Tax Year 2025
Waterfront Features Bayfront
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential
Association Amenities Boat Dock Bike Storage Cabana Fitness Center Laundry Playground Pool Sauna Spa/Hot Tub Trash Elevator(s)
Subdivision Name FLAMINGO SOUTH BEACH I CO
Garage Y/N false
Total Rooms 0
Full Baths 1
Special Listing Conditions Listed As-Is
Status Active
High School Miami Beach
City Miami Beach
Entry Location 15
Senior Community Y/N false
MLS Area 32
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N true
Year Built Details Resale
Tax Annual Amount 6772
Middle/Junior High School Nautilus
Property Condition Updated/Remodeled
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11921620
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Condominium
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
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Interior
Interior Amenities Bedroom on Main Level Closet Cabinetry Bar
Flooring Hardwood Parquet Wood
Total Stories 15
Air Conditioning Y/N true
Heating Y/N false
Window Features Impact Glass
Half Baths 0
Laundry Features Common Area
Total Bedrooms 1
Entry Level 15
Total Baths 1
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Exterior
Exterior Amenities Courtyard
Parking Features Underground Other Valet
Building Area Total 788
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Discolo Real Estate, Inc.

Broker

enrico@discolore.com

Email

Affordability Calculator

$4,152
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,587
Monthly Property Taxes
$564
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4635854 Elementary School
4205765 Middle School
Miami Beach High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$575,000 Listed Price

Map


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1500 Bay Rd 1558S, Miami Beach, FL, 33139 is a Condo for sale at $575,000 with 788 sqft. 1500 Bay Rd 1558S has 1 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 33139 which is in Miami Beach, FL