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.
Property Details
MLS#
A11921620
Price
$575,000
Status
Active
Beds
1
Full Baths
1
Square Feet
788 ft² / 73 m²
Price Per Sq Ft
$730
Type
Residential
Year Built
1960
Taxes
$6,772 / Year
HOA Fees
$950 / Monthly
Subdivision
FLAMINGO SOUTH BEACH I CO
Waterfront
Yes
Property Details
MLS#
A11921620
Price
$575,000
Beds
1
Full Baths
1
Square Feet
788 ft² / 73 m²
Price Per Sq Ft
$730
Type
Condominium
Status
Active
Year Built
1960
Taxes
$6,772 / Year
HOA Fees
$950 / Monthly
Subdivision
FLAMINGO SOUTH BEACH I CO
Waterfront
Yes
Location
Listing Courtesy of Discolo Real Estate, Inc.
Property Information
General Information
General Information
For Lease: No
Pet Restrictions : No
County Or Parish : Miami-Dade
Zip Code : 33139
City : Miami Beach
List Price : $575,000
Maintenance / Tax Information
Tax Amount : $6,772
Tax Year : 2025
Membership Required : No
Building Information
Property Type : Residential
Subdivision : FLAMINGO SOUTH BEACH I CO
School Information
Elementary School : Miami Beach Fienberg / Fisher K-8
1500 Bay, #1558S is a waterfront condo for sale in Miami Beach, FL 33139. This property was listed for sale on Nov 26, 2025 by Discolo Real Estate, Inc. for $575,000. Located in FLAMINGO SOUTH BEACH I CO is a 1-bed, 1-bath, 788 ft² / 73 m² sqft condo built in 1960.