Property Details
| Sold Price | $400,000 |
|---|---|
| Last Asking Price | $400,000 |
| Price per SqFt | $433 |
| Maintenance Fee | $1,403 Monthly |
| Property Taxes | $4,828 2023 |
| Interior Space | 923 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Negotiable |
| Year Built | 1960 |
| Closed Date | 8/14/2024 |
| MLS # | A11587829 |
Location
From the listing
Experience luxury at Flamingo Point, a tropical paradise! Spacious 923 SqFt 1 bed/1 bath with view to Miami Beach, Spacious kitchen and bathroom with large balcony. Delight in amenities like a fitness center, resort-style pools, tropical garden, sunset yoga, dog play area, business center and 24/7 valet. Explore on-site establishments: "La Piscine" restaurant, "Bebito's" coffee shop, "Yafit" store, "Doggie VIP" spa, "Rejuvaline MedSpa" and "Pura Vida" organic restaurant. Flamingo Point provides a unique investment opportunity, allowing short-term rentals (30 days mini) via platforms like Airbnb and VRBO. Benefit from flexibility and generate income year-round.
Listed by Flamingo Point Realty, Inc
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,403 a month; taxes $4,828 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Flamingo South Beach Unit 502S
Sales history is unavailable for this property
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
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 Flamingo Point Realty, 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.
Ask Mark About This Listing
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Flamingo South Beach Unit 502S, 1500 Bay Road · MLS A11587829 · Sold Aug 2024
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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 502S sold at $433 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.