Condo for Sale
$1,749,000
3 bd · 3 ba · 2,029 sqft
1500 Bay Rd # 1514S, Miami Beach, FL 33139
4 days on market
Flamingo South Beach
1500 Bay Rd, Miami Beach, FL 33139 · Miami Beach
Flamingo South Beach is a 15-story condominium at 1500 Bay Rd in South Beach, completed in 1960. It was developed by MCZ/Centrum.
The building currently has 4 listings for sale, between $333K and $1.7M (a median $760 per square foot). By size: 1 studio from $333K, 2 one-bedrooms from $549K and 1 three-bedroom from $1.7M. For renters, 16 units are available on annual leases from $2,100 to $9,900 a month.
Over the past twelve months 8 units closed at a median $490K ($583/sq ft), typically going under contract in about 63 days. That median is 17% below the prior year — a buyer-friendlier moment. By size, one-bedrooms sold for a median $395K and two-bedrooms sold for a median $727K. 28 leases were signed over the same period at a median $3,450 a month (studios $2,700, one-bedrooms $3,300 and two-bedrooms $4,600).
Life in the building comes with a fitness center, a spa, a pool, child play area, a bar and bike storage.
HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.
Features vary by residence — confirm details for any specific unit with us.
Residence configurations observed across current and recent Flamingo South Beach listings:
| Residence | Size Range | For Sale | For Rent | Sale Pricing | Avg $/SqFt |
|---|---|---|---|---|---|
| Studio / 1 Bath | 461–584 sqft | 1 | 3 | $333K | $705 |
| 1 Bed / 1 Bath | 722–923 sqft | 2 | 5 | $549K – $575K | $745 |
| 2 Bed / 2 Bath | 1,020–1,338 sqft | — | 7 | — | — |
| 3 Bed / 3 Bath | 2,029 sqft | 1 | 1 | $1.7M | $862 |
Derived from live MLS data — request official floor plans and we'll send the developer set for your line.
Condo for Sale
$1,749,000
3 bd · 3 ba · 2,029 sqft
1500 Bay Rd # 1514S, Miami Beach, FL 33139
4 days on market
Flamingo South Beach
Condo for Sale
$575,000
1 bd · 1 ba · 788 sqft
1500 Bay Rd # 1558S, Miami Beach, FL 33139
192 days on market
FLAMINGO SOUTH BEACH
Condo for Sale
$549,000
1 bd · 1 ba · 722 sqft
1500 Bay Rd # 830S, Miami Beach, FL 33139
Listed today
FLAMINGO TOWER
Condo for Sale
$332,800
0 bd · 1 ba · 472 sqft
1500 Bay Rd # 310S, Miami Beach, FL 33139
85 days on market
Flamingo South Beach
Over the last 12 months, 8 condo sales closed in Flamingo South Beach at a median of $490K ($583/sqft), median 63 days on market. Median sold prices are down 16.9% year-over-year. 28 leases were signed at a median of $3,450/mo ($4.45/sqft). Computed from recorded MLS closings; updates automatically.
| Residence | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| Studio | 1 | $275K | $583 | 9 | 5 | $2,700 | $5.75 |
| 1 Bed | 5 | $395K | $524 | 63 | 13 | $3,300 | $4.54 |
| 2 Bed | 2 | $727K | $678 | 395 | 10 | $4,600 | $4.22 |
| Month | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| Nov 2025 | 2 | $387K | $524 | 63 | — | — | — |
| Dec 2025 | 1 | $560K | $500 | 395 | 3 | $3,400 | $4.68 |
| Jan 2026 | — | — | — | — | 3 | $2,800 | $4.06 |
| Feb 2026 | 1 | $490K | $674 | 363 | — | — | — |
| Mar 2026 | 1 | $395K | $501 | 46 | 3 | $3,900 | $3.65 |
| Apr 2026 | — | — | — | — | 2 | $4,600 | $4.22 |
| May 2026 | — | — | — | — | — | — | — |
| Jun 2026 | — | — | — | — | 5 | $3,800 | $4.60 |
| Jul 2026 | — | — | — | — | 1 | $4,250 | $4.02 |
| Aug 2026 | 1 | $275K | $583 | 9 | 5 | $2,700 | $4.04 |
| Sep 2026 | 1 | $509K | $705 | 450 | 2 | $6,000 | $5.52 |
| Oct 2026 | 1 | $727K | $678 | 26 | 4 | $4,000 | $5.50 |
South Beach · Miami Beach · Miami-Dade County
Buyers weighing Flamingo South Beach tend to shortlist these South-beach buildings in a comparable price band:
Current asking prices run $333K–$1.7M across 4 listings. Closed sales over the past year had a median of $490K, or $583 per square foot. Typical sale prices: one-bedrooms $395K and two-bedrooms $727K. Exact value depends on floor, line, view and finish.
Yes — 4 residences are for sale, the least expensive at $333K. Mix: 1 studio, 2 one-bedrooms and 1 three-bedroom. 16 units are also available for rent.
The median rent over the past twelve months was $3,450 a month across 28 leases. Studios rented for about $2,700, one-bedrooms rented for about $3,300 and two-bedrooms rented for about $4,600. 16 units are available to lease today. Minimum lease terms are set by the association — ask us for Flamingo South Beach’s current rental policy.
The median sale price is down 17% compared with the prior twelve months. Units that sold took a median 63 days to go under contract. 8 sales closed in the last year.
Flamingo South Beach was completed in 1960 and has 15 stories. The project credits developer MCZ/Centrum.
Flamingo South Beach is at 1500 Bay Rd, Miami Beach, FL 33139, in South Beach. Nearby comparable buildings include Cosmopolitan, Yacht Club at Portofino and Waverly South Beach.
Flamingo South Beach lists from $333K to $1.7M today. For comparison, Cosmopolitan asks $650K–$1.6M, Yacht Club at Portofino asks $870K and Waverly South Beach asks $485K–$1.3M.
Flamingo South Beach is a condominium in South Beach, Miami Beach, FL 33139 (Miami-Dade County). At last update: 4 for sale, 16 for rent and 8 sold in the past year. Buyers comparing it also look at Cosmopolitan, Yacht Club at Portofino and Waverly South Beach. For a private showing, off-market availability or a valuation of your unit at Flamingo South Beach, call Matthew Gromadzki at +1 786-370-8570.