$575,000

$730/sq ft

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Overview

Bedroom

1

Bath

1

Year Built

1960

Sqft

788

Property Type

Condominium

Property Description

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

Unit Floor

15

Total Floor in Bldg

15

Address

1500 Bay Rd

City

Miami Beach

State/county

FL

Zip/Postal Code

33139

Area

Flamingo South Beach I Co

Country

United States

HOA

Yes

Assoc Fee

$950

Assoc Fee Pd

Monthly

Tax Amount

$6,772

Maint Fee

$--

Tax Year

2025

Dishwasher

Dryer

Microwave

Electric Range

Refrigerator

Washer

Bay

Garden View

Skyline

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Boris Gelfand