Under contract

$500,000

1500 Bay Rd APT 1118S, Miami Beach, FL 33139

1beds

727sqft

Est.:

Condominium

Built in 1960

-- sqft lot

$485,000 Zestimate^®

$688/sqft

$946/mo HOA

What's special

Two waterfront poolsModern designHigh standard of finishesFully renovated unitUnobstructed direct bay viewsOne-of-a-kind bayfront residence

One-of-a-kind bayfront residence now available for sale. This fully renovated unit offers unobstructed, direct bay views and showcases a high standard of finishes and modern design within the iconic Flamingo South Beach. Residents enjoy resort-style amenities including two waterfront pools, a state-of-the-art fitness center, and an on-site restaurant and bar, all in one of South Beach’s most sought-after locations.

17 days

324

20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

None

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Refrigerator

Features

Built-in Features
Flooring: Tile

Interior area

Total structure area: 727
Total interior livable area: 727 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: None

Features

Exterior features: Other
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0232330791210

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Concrete Block Construction

Condition

Year built: 1960

Community & HOA

Community

Security: Elevator Secure, Secured Garage/Parking, Security Guard
Subdivision: Flamingo South Beach I Co

HOA

Has HOA: Yes
Amenities included: Pool, Spa/Hot Tub
HOA fee: $946 monthly
Application fee: $100

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $688/sqft
Tax assessed value: $367,285
Annual tax amount: $7,235
Date on market: 2/22/2025
Listing terms: All Cash,Conventional

Estimated market value

$485,000

$461,000 - $509,000

$3,024/mo

Price history

Date	Event	Price
2/20/2026	Pending sale	$500,000$688/sqft
Source: MIAMI #A11958075 Report a problem
2/3/2026	Listed for sale	$500,000$688/sqft
Source: MIAMI #A11958075 Report a problem
1/14/2026	Listing removed	$500,000$688/sqft
Source: MIAMI #A11940083 Report a problem
1/6/2026	Listed for sale	$500,000+25%$688/sqft
Source: MIAMI #A11940083 Report a problem
3/23/2023	Listing removed	--
Source: MIAMI #A11331782 Report a problem
1/23/2023	Listed for rent	$4,000+90.5%$6/sqft
Source: MIAMI #A11331782 Report a problem
3/30/2022	Sold	$400,000+100%$550/sqft
Source: Public Record Report a problem
9/17/2014	Listing removed	$2,100$3/sqft
Source: Worldwide Properties #A2005415 Report a problem
9/13/2014	Listed for rent	$2,100+16.7%$3/sqft
Source: Worldwide Properties #A1616783 Report a problem
7/2/2014	Listing removed	$200,000$275/sqft
Source: Worldwide Properties #A1860593 Report a problem
5/29/2014	Pending sale	$200,000-20%$275/sqft
Source: Worldwide Properties #A1860593 Report a problem
5/2/2014	Sold	$250,000+25%$344/sqft
Source: Public Record Report a problem
10/24/2013	Listed for sale	$200,000-55.5%$275/sqft
Source: Urbaniza Realty Report a problem
3/22/2012	Listing removed	$1,800$2/sqft
Source: Worldwide Dev. Services, Inc #A1616783 Report a problem
3/18/2012	Listed for rent	$1,800$2/sqft
Source: Worldwide Dev. Services, Inc #A1616783 Report a problem
11/25/2006	Sold	$449,900$619/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,822 +10.1%	$360,726 +10%
2023	$6,197 +26.6%	$327,933 +27.5%
2022	$4,895 +8.4%	$257,257 +10%
2021	$4,516 -9.2%	$233,870 -9%
2020	$4,975 -3.1%	$257,000 -3%
2019	$5,135 +3.2%	$265,000 +0.2%
2018	$4,976	$264,600
2017	$4,976 -1.3%	$264,600 -2%
2016	$5,039 -5.8%	$270,000
2015	$5,349 +21.1%	$270,000 +47.3%
2014	$4,416 +42.4%	$183,339 +10%
2013	$3,102	$166,672 +10%
2012	$3,102 -11%	$151,520 -10%
2011	$3,485 +3.2%	$168,355 +10%
2010	$3,377 -35.6%	$153,050 -40%
2009	$5,247 -18.4%	$255,090 -20%
2007	$6,433	$318,860