Flamingo South Beach Unit 1558S For Sale
Property Details
| Asking Price | $575,000 |
|---|---|
| Price per SqFt | $730 |
| Maintenance Fee | $950 Monthly |
| Property Taxes | $6,772 2025 |
| Interior Space | 788 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1960 |
| MLS # | A11921620 |
Location
From the listing
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.
Listed by Discolo Real Estate, Inc.
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $950 a month; taxes $6,772 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Flamingo South Beach Unit 1558S
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1832589 | $325,000 | 9/26/13 |
What Other Units Have Been Selling For at Flamingo South Beach
18 units sold at Flamingo South Beach in the last 12 months at an average of $617/SqFt · This unit (1558S) is asking $730/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 666S | $490,000$675/SqFt | 98% | 10/29/26 |
| 364 | $510,000$698/SqFt | 94% | 9/18/26 |
| 1244s | $508,000$695/SqFt | 94% | 9/18/26 |
| 1532S | $509,000$705/SqFt | 93% | 9/11/26 |
| 1464S | $485,000$663/SqFt | 93% | 8/11/26 |
| 866S | $458,000$631/SqFt | 94% | 4/17/26 |
| 932S | $520,000$720/SqFt | 96% | 3/31/26 |
| 458S | $395,000$501/SqFt | 88% | 3/12/26 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Discolo Real Estate, Inc.. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Flamingo South Beach Unit 1558S, 1500 Bay Road · MLS A11921620 · $575,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Flamingo South Beach
At Flamingo South Beach, 6 of 561 units are for sale and 18 sold in the last 12 months at an average of $617 per SqFt. Unit 1558S asks $730 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.