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For sale
  • $575,000

    1500 Bay Rd APT 1558S, Miami Beach, FL 33139

    1beds
    788sqft
    : 
    Condominium
    Built in 1960
    -- sqft lot
    $531,200 Zestimate®
    $730/sqft
    $950/mo HOA

    What's special

    Gated entryExpansive baywalkHot tubRefined finishesBright sophisticated designUpdated flooringStainless-steel appliances
    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.
    115 days
    |
    227
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: November 26, 2025 at 09:19pm

    Listed by:

    Enrico Discolo 305-833-3911,

    Discolo Real Estate, Inc.

    Source: MIAMI,MLS#: A11921620MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • None
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
      • Laundry: Common Area
      Features
      • Closet Cabinetry
      • Flooring: Parquet, Wood
      • Windows: Clear Impact Glass
      Interior area
      • Total structure area: 788
      • Total interior livable area: 788 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Other, Parking-Under Building, Valet
      Features
      • Exterior features: Courtyard
      • Has private pool: Yes
      • Pool features: Association, Private Pool
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Garden, Skyline
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0232330793930

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction
      Condition
      • Updated/Remodeled,Completely Renovated
      • Year built: 1960

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry, Security Guard
      • Application fee: $0
      • Pet fee: $0
      • Subdivision: Flamingo South Beach I Co
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Bike Storage, Boat Dock, Cabana, Playground, Laundry, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash
      • HOA fee: $950 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $730/sqft
      • Tax assessed value: $343,813
      • Annual tax amount: $6,772
      • Date on market: 11/26/2025
      • Listing terms: All Cash,Conventional
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        Estimated market value

        $531,200

        $505,000 - $558,000

        $3,317/mo

        Price history

        Price history
        DateEventPrice
        11/26/2025Listed for sale$575,000+62%$730/sqft
        Source: MIAMI #A11921620 Report a problem
        4/5/2025Listing removed$5,500$7/sqft
        Source: Zillow Rentals Report a problem
        3/15/2025Listed for rent$5,500+14.6%$7/sqft
        Source: Zillow Rentals Report a problem
        9/13/2024Listing removed$4,800$6/sqft
        Source: Zillow Rentals Report a problem
        7/24/2024Price change$4,800-2%$6/sqft
        Source: Zillow Rentals Report a problem
        7/15/2024Price change$4,900-2%$6/sqft
        Source: Zillow Rentals Report a problem
        6/22/2024Listed for rent$5,000$6/sqft
        Source: Zillow Rentals Report a problem
        6/7/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/17/2024Listed for rent$5,000+20.5%$6/sqft
        Source: Zillow Rentals Report a problem
        9/20/2023Listing removed--
        Source: MIAMI #A11447811 Report a problem
        9/6/2023Listed for rent$4,150$5/sqft
        Source: MIAMI #A11447811 Report a problem
        9/3/2023Listing removed--
        Source: Zillow Rentals Report a problem
        9/1/2023Listed for rent$4,150$5/sqft
        Source: Zillow Rentals Report a problem
        9/1/2023Listing removed--
        Source: MIAMI #A11406142 Report a problem
        7/25/2023Price change$4,150-10.8%$5/sqft
        Source: MIAMI #A11406142 Report a problem
        7/10/2023Price change$4,650-3.1%$6/sqft
        Source: MIAMI #A11406142 Report a problem
        6/26/2023Listed for rent$4,800+118.2%$6/sqft
        Source: MIAMI #A11406142 Report a problem
        4/25/2023Sold$355,000-11.3%$451/sqft
        Source: Public Record Report a problem
        1/1/2023Listing removed--
        Source: MIAMI #A11203606 Report a problem
        5/12/2022Listed for sale$400,000+23.1%$508/sqft
        Source: MIAMI #A11203606 Report a problem
        9/18/2020Listing removed$2,200$3/sqft
        Source: ONE Sotheby's International Re #A10838556 Report a problem
        4/17/2020Price change$2,200-12%$3/sqft
        Source: Worldwide Properties #A10838556 Report a problem
        3/24/2020Listed for rent$2,500-7.4%$3/sqft
        Source: Worldwide Properties #A10838556 Report a problem
        9/25/2018Listing removed$2,700$3/sqft
        Source: Worldwide Properties #A10082708 Report a problem
        5/21/2018Listed for rent$2,700$3/sqft
        Source: Worldwide Properties #A10082708 Report a problem
        10/2/2013Sold$325,000+98.9%$412/sqft
        Source: Public Record Report a problem
        7/13/2012Sold$163,400-55.3%$207/sqft
        Source: Public Record Report a problem
        11/1/2006Sold$365,900$464/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$6,461 +29.9%$343,813 +41.1%
        2023$4,974 +19.5%$243,603 +10%
        2022$4,161 +2.2%$221,458 +5%
        2021$4,072 +3.7%$210,912 +4%
        2020$3,926 -11.5%$202,800 -11.4%
        2019$4,438 +0.9%$229,000 -2.1%
        2018$4,400 $233,991
        2017$4,400 -1.3%$233,991 -10%
        2016$4,456 -8.8%$259,990 +9.1%
        2015$4,887 +11%$238,326 +10%
        2014$4,402 +29.1%$216,660 +20%
        2013$3,411 $180,550 +14.1%
        2012$3,411 +14.6%$158,191 +10%
        2011$2,977 -6.2%$143,810
        2010$3,173 -35.6%$143,810 -40%
        2009$4,930 -18.4%$239,680 -20%
        2007$6,044 $299,600

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,700/mo
        Principal & interest
        $2868
        HOA Fees
        $950
        Property taxes
        $882
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          Climate risks

          Neighborhood: Flamingo Lummus

          Getting around

          88 / 100
          Very Walkable
          44 / 100
          Some Transit
          75 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Middle: Nautilus
          • High: Miami Beach

          Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 33139

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