
Flamingo South Beach
1500 Bay Road, Miami Beach, FL 33139
ALERTS FOR FLAMINGO SOUTH BEACH
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Mark Zilbert is a Miami Beach real estate agent who has sold at Flamingo South Beach and monitors every listing and sale there. Call or text Mark at (786) 280-0201 to talk about the building.
Building Facts
| Developer | MCZ/Centrum Development |
|---|---|
| Architect | Melvin Grossman |
| Year Built | 1960 |
| Units | 561 |
| Unit sizes | 451 – 2,175 SqFt |
About Flamingo South Beach
Flamingo South Beach is the condominium in the South Tower of the Flamingo complex, at 1500 Bay Road on the bay. The site was Carl Fisher's Flamingo Hotel, which opened in 1920 and came down in the 1950s, and the South Tower became a condominium in 2006 and 2007 under MCZ/Centrum, with a redesign by the Rockwell Group. Its 561 residences run from studios to two-bedrooms, about 470 to 1,240 SqFt, with a handful of larger units up to 2,175 SqFt. Residents share two bayfront pools, a spa, an athletic club, a dog park and a baywalk about 1,300 feet long.
By Mark Zilbert, Global Real Estate Advisor · updated October 2026
Asking prices by bedrooms: Studio from $333K · 1 bed $549K to $575K · 3 beds from $1.7M

For Sale
4 units · avg asking $799/SqFt
| Unit ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 310S0 bed · 472 SqFt | $332,800$705/SqFt | 6/2/266/2 |
| 830SUnder Contract1 bed · 722 SqFt | $549,000$760/SqFt | 10/10/2610/10 |
| 1558S1 bed · 788 SqFt | $575,000$730/SqFt | 11/26/2511/26/25 |
| 1514S3 bed · 2,029 SqFt | $1,749,000$862/SqFt | 10/16/2610/16 |
Pending Sales
Under contract, awaiting closing. The freshest signal of where prices are settling. In the MLS: For sale is Active or Active with Contract; these are Pending. The price shown is the asking price. The closed price appears in Sold when it records.
| Unit ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|
| 264S1 bed · 731 SqFt | $379,000$518/SqFt | 7/6/267/6 |
1 residence under contract
Sold · Last 12 Months
18 closed sales · avg $617/SqFt · avg 95% of last asking price
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 666S1 bed · 726 SqFt | $490,000list $499,999 | 98% | 10/29/2610/29 |
| 1528S2 bed · 1,072 SqFt | $727,000list $775,000 | 94% | 10/6/2610/6 |
| 122S2 bed · 1,081 SqFt | $695,000list $690,000 | 101% | 10/1/2610/1 |
| 1244S1 bed · 731 SqFt | $508,000list $540,000 | 94% | 9/18/269/18 |
| 3641 bed · 731 SqFt | $510,000list $540,000 | 94% | 9/18/269/18 |
| 1228S2 bed · 1,072 SqFt | $660,000list $690,000 | 96% | 9/16/269/16 |
| 1532S1 bed · 722 SqFt | $509,000list $549,000 | 93% | 9/11/269/11 |
| 1210S0 bed · 472 SqFt | $275,000list $285,000 | 96% | 8/17/268/17 |
| 1464S1 bed · 731 SqFt | $485,000list $519,000 | 93% | 8/11/268/11 |
| 862S2 bed · 1,067 SqFt | $595,000list $650,000 | 92% | 5/7/265/7 |
| 866S1 bed · 726 SqFt | $458,000list $485,000 | 94% | 4/17/264/17 |
| 932S1 bed · 722 SqFt | $520,000list $540,000 | 96% | 3/31/263/31 |
| PH 15702 bed · 1,121 SqFt | $670,000list $695,000 | 96% | 3/20/263/20 |
| 458S1 bed · 788 SqFt | $395,000list $450,000 | 88% | 3/12/263/12 |
| 1118S1 bed · 727 SqFt | $490,000list $500,000 | 98% | 2/27/262/27 |
| 1070S2 bed · 1,121 SqFt | $560,000list $569,000 | 98% | 12/30/2512/30/25 |
| 1182S1 bed · 729 SqFt | $372,900list $374,900 | 99% | 11/21/2511/21/25 |
| 808S1 bed · 737 SqFt | $386,500list $400,000 | 97% | 11/15/2511/15/25 |
% of ask compares the closed price to the final list price. The building's full sold history, 569 sales, lives on the archive view.
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Location
1500 Bay Road · West Avenue / Bay Road
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Flamingo South Beach, 1500 Bay Road, Miami Beach
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