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Active - Condominium for sale

1500 Bay Rd # 1558S, Miami Beach FL 33139

1 bd|1 bth|788 sqft

Facts & features

Condominium Property type
352 days on Beycome
1960 Year built
$730 Price/Sqft.
$950/mo HOA

Why you’ll love it

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.

Translating description...

Listings courtesy of Discolo Real Estate, Inc..

Listed by: Enrico Discolo • 305-833-3911 • Discolo Real Estate, Inc.

Co-listed by: Discolo Real Estate, Inc.

Source: Miami MLS, MLS#: A11921620 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

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Affordability

$375,000$775,000
1%20%
0%90%
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Estimated monthly payment

$4,422/mo

  • Mortgage$2,908
  • Property tax$564
  • HOA fee
  • Homeowners insurance
Due at closing$457,125
Down payment held in escrow$115,000
Closing costs$8,625
beycome credit Est.$11,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$11,500 Credit back

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Travel times

About Flamingo South Beach I Co

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$575,000 Listed price

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$11,500 Credit back

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