Property Details
| Sold Price | $510,000 |
|---|---|
| Last Asking Price | $540,000 |
| Price per SqFt | $474 |
| Maintenance Fee | $1,550 Monthly |
| Property Taxes | $4,735 2021 |
| Interior Space | 1,077 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1960 |
| Closed Date | 2/23/2024 |
| MLS # | A11409108 |
Location
From the listing
Welcome to the best complex in South Beach, a 5-STAR BUILDING perfect for both residents and tourists alike!fully renovated unit, Rented in $3500 monthly, boasting over 1000 square feet of prime South Beach real estate. All updates have been executed to the highest standard - from the brand new modern kitchen to the spacious living area. New electrical and plumbing installations, as well as new bathrooms.Luxury amenities, such as 24-hour security, swimming pools, a relaxing spa and jacuzzi, a convenience stores, dry cleaning services, and a state-of-the-art gym.For investors, this is an incredible opportunity for a cash cow, thanks to the complex's flexible rental policy. This unit is primed and ready for short-term rentals.Don't miss out on this opportunity in South Beach!
Listed by Horizon Homes Realty Corp
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,550 a month; taxes $4,735 for 2021. MLS figures, which may not be accurate.
Sales History for This Unit · Flamingo South Beach Unit 606
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11054834 | $300,000 | 4/1/22 |
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 ⇅ |
|---|---|---|---|
| 1528S | $727,000$678/SqFt | 94% | 10/6/26 |
| 122S | $695,000$643/SqFt | 101% | 10/1/26 |
| 1228S | $660,000$616/SqFt | 96% | 9/16/26 |
| 862S | $595,000$558/SqFt | 92% | 5/7/26 |
| PH 1570 | $670,000$598/SqFt | 96% | 3/20/26 |
| 1070S | $560,000$500/SqFt | 98% | 12/30/25 |
| 648S | $630,000$594/SqFt | 95% | 10/16/25 |
| 668S | $540,000$529/SqFt | 91% | 10/6/25 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Horizon Homes Realty Corp. 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 606, 1500 Bay Road · MLS A11409108 · Sold Feb 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 606 sold at $474 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.