1500 Bay Rd · Miami Beach, FL 33139 · South Beach

Flamingo South Beach

15-story tower, completed 1960, 561 residences in South Beach. 2 for sale and 12 for rent on Nov 2, 2026.

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At a glance Flamingo South Beach (1500 Bay Rd, South Beach) is a 15-story, 561-unit building completed in 1960. As of Nov 2, 2026, 2 units are for sale and 12 are for rent; the median closed price was $637 per square foot over 18 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
2
For rent
12
Median $/SF
$63718 sales · 12 mo
Sold
18last 12 months
Built
1960
Floors
15
Residences
561county
Flood zone
AEFEMA
Owner-occupied
16%
Avg. unit
866sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Flamingo South Beach.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Under contract 7

  • Unit 830S$549,000 · 1 bd
  • Unit 264S$379,000 · 1 bd
  • Unit 516S$6,800/mo · 2 bd
  • Unit 432S$5,800/mo · 1 bd
  • Unit 266S$3,400/mo · 1 bd
  • Unit 558S$2,800/mo · 1 bd
  • Unit 1176S$2,500/mo · 0 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

Flamingo South Beach, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

235 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 2
  • Under contract 7
  • For rent 12
  • Sold or leased, last 12 months 43
  • Seen in the MLS before that 171
  • No MLS record seen 395
02S08S14S18S24S28S34S40S46S50S56S62S68S72S78S84S15110502S10S16S24S32S40S48S58S66S74S84S151105

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen235of 561 residences on record
Floors with units14floors 1 to 15
Lines42stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 11 to 15$663/SF · 11 sales
Middle floorsfloors 6 to 10$564/SF · 14 sales
Lower floorsfloors 1 to 52 sales, too few for a median

Closed $/SF figures use the 27 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line 40S closed highest per square foot: a median $555/SF over 3 sales in 24 months. The largest typical unit is line 14S, a median 2,029 sf over 5 units seen, recorded with 3 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 02S3923 sf11–
Line 04S4742 sf1––
Line 06S41,077 sf2––
Line 08S4737 sf1–1 sale, too few
Line 10S6472 sfStudio–1 sale, too few
Line 12S4745 sf1––
Line 14S52,029 sf321 sale, too few
Line 16S51,077 sf21–
Line 18S6727 sf1–1 sale, too few
Line 20S9729 sf11–
Line 22S111,088 sf221 sale, too few
Line 24S91,087 sf2–1 sale, too few
Line 26S41,091 sf2––
Line 28S91,072 sf212 sales, too few
Line 30S4722 sf11–
Line 32S10722 sf112 sales, too few
Line 34S91,062 sf221 sale, too few
Line 36S5461 sfStudio1–
Line 38S41,239 sf2––
Line 40S71,027 sf1–$555 3 sales
Line 42S6728 sf1––
Line 44S7729 sf1–1 sale, too few
Line 46S61,069 sf221 sale, too few
Line 48S51,061 sf2–1 sale, too few
Line 50S5770 sf1––
Line 52S4584 sfStudio––
Line 54S8737 sf1––
Line 56S6584 sfStudio–1 sale, too few
Line 58S9788 sf121 sale, too few
Line 60S31,068 sf2––
Line 62S61,067 sf2–1 sale, too few
Line 64S6731 sf111 sale, too few
Line 66S5726 sf112 sales, too few
Line 68S41,020 sf211 sale, too few
Line 70S21,121 sf2–1 sale, too few
Line 72S7454 sfStudio––
Line 74S6731 sf1–1 sale, too few
Line 76S3496 sfStudio1–
Line 78S4953 sf1––
Line 80S4747 sf1––
Line 82S4729 sf1–1 sale, too few
Line 84S3497 sfStudio––

448 units in the record sit outside this grid (364, 474, 476, 560, 606, 1146, 1226, 1414, …): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Flamingo South Beach.

Activity as of Nov 2, 2026
  • Resale +105%. The median closed price moved from $323/SF in 2019 (6 sales) to $663/SF in 2026 (15 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 8.4%. A year of rent at the median $4.45/SF/mo (31 leases) against the median $637/SF sale (18 sales), both over 12 months, before HOA, taxes and vacancy.
  • Sells in a median 70 days. Days on market across the 18 sales closed in the last 12 months.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #27 of 345 · biggest $/sf change since 2021+59.8% median $/SF since 2021 ($371 to $594) · n 62 · Calendar 2021 vs Oct 2025 to Sep 2026

See the full rankings · How rankings are made

Read the full record 4 paragraphs and 13 facts, every figure from the MLS and county record

Completed in 1960, Flamingo South Beach stands 15 stories at 1500 Bay Rd in South Beach. County folio records count 561 residences, averaging 866 SF of living area. The condo archive records it as waterfront (bay). MLS and county records use the legal name Flamingo Point.

Two units were for sale on November 2, 2026, asking $575K to $1.7M ($730 to $862/SF). Two more were under contract. 18 sales closed between November 2, 2025 and November 2, 2026, from $275K to $727K, a median $637/SF, after a median 70 days on the market. In the 12 months before that, 11 sales closed at a median $571/SF, so the median rose 12%. Across 192 recorded sales since 2019, the best year by median price per square foot was 2026, at $663 over 15 sales. That 12-month median ranks 44th of the 83 South Beach buildings with at least three sales in the same window. One-bedrooms made up 15 of the 29 sales in the last 24 months, at a median $490,000.

12 units were offered for rent at $3,000 to $9,900 a month. 31 leases were signed over the same 12 months, at a median $3,450 a month (range $2,100 to $7,000).

County records show 16% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1500 Bay Rd, Miami Beach 33139
Neighborhood
South Beach
Front desk / mgmt
(305) 532-7583
Year built
1960
Floors
15
Residences (county-verified)
561
Owner-occupied
16% of residences
Avg. unit size
866 sq ft
Total living area
486,009 sq ft
County condo folios
561
Waterfront
Yes / Bay
Recorded MLS listings
1,118
Recorded as
Flamingo Point

The numbers at Flamingo South Beach.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$332$663$3232019$3292020$3712021$5152022$5012023$5562024$5632025$6632026$332$663$323'19'20$371'21'22$501'23'24'25$663'26
Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)15$66327$3,490/mo
202512$563117$3,688/mo
202422$556144$3,580/mo
202321$501173$3,534/mo
202257$515120$3,262/mo
202145$371116$2,842/mo
202014$329136$2,100/mo
20196$32330$2,026/mo

Closed $/SF by unit size

Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.

Studio$583/SF · 1 sale*
1 bedroom$674/SF · 11 sales
2 bedrooms$607/SF · 6 sales

* Pale bars: fewer than three sales, so the bar is the sale itself or the average of two, too few for a median.

Medians need three or more sales. How these numbers are made

Own here? See how the building moved since you bought.

Median closed $/SF in 2019: $323 (6 sales). In the last 12 months: $637 (18 sales). Change: +97%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 192 sales · 863 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 29

UnitBDBASFAskedClosed$/SFClose dateDOM
666S11726$499,999$490,000$675Oct 29, 2026148
1528S221,072$775,000$727,000$678Oct 6, 202626
122S221,081$690,000$695,000$643Oct 1, 202618
36411731$540,000$510,000$698Sep 18, 202691
1244s11731$540,000$508,000$695Sep 18, 2026178
1228S221,072$690,000$660,000$616Sep 16, 202610
1532S11722$549,000$509,000$705Sep 11, 2026450
1210S01472$285,000$275,000$583Aug 17, 20269
1464S11731$519,000$485,000$663Aug 11, 2026322
862S221,067$650,000$595,000$558May 7, 202656
866S11726$485,000$458,000$631Apr 17, 2026195
932S11722$540,000$520,000$720Mar 31, 202677
PH 1570221,121$695,000$670,000$598Mar 20, 202648
458S11788$450,000$395,000$501Mar 12, 202646
1118S11727$500,000$490,000$674Feb 27, 2026363
1070S221,121$569,000$560,000$500Dec 30, 2025395
1182S11729$374,900$372,900$512Nov 21, 202551
808S11737$400,000$386,500$524Nov 15, 202563
648S221,061$665,000$630,000$594Oct 16, 2025144
856S01584$385,000$345,000$591Oct 15, 2025869
668S221,020$595,000$540,000$529Oct 6, 2025177
746S221,069$670,000$610,000$571Oct 3, 2025224
714s332,029$1,267,000$1,265,000$623Aug 18, 2025134
1540S11.51,027$695,000$640,000$623Jul 21, 2025112
840S11.51,027$590,000$550,000$536Jun 3, 2025109
940S11.51,027$595,000$570,000$555May 1, 2025189
1524S221,087$865,000$825,000$759Jan 7, 202584
1174S11731$378,999$340,000$465Dec 16, 202440
834S221,062$599,900$590,000$556Nov 12, 2024277

Leases signed Nov 2, 2025 to Nov 2, 2026 · 31

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
474S11731$3,400/mo$3,500/mo$4.79Oct 22, 2026101
1236S01461$2,850/mo$2,650/mo$5.75Oct 1, 202622
618S11727$3,400/mo$4,000/mo$5.50Oct 1, 202650
1512S11745$3,600/mo$3,500/mo$4.70Oct 1, 202619
338S221,239$5,500/mo$5,250/mo$4.24Oct 1, 2026108
718S11727$3,450/mo$3,300/mo$4.54Sep 14, 2026101
724S221,087$6,000/mo$6,000/mo$5.52Sep 9, 2026434
1438S221,239$5,000/mo$5,000/mo$4.04Aug 16, 202695
1536S01461$3,150/mo$2,700/mo$5.86Aug 3, 2026183
450S11770$2,650/mo$2,650/mo$3.44Aug 1, 202615
484S01497$2,350/mo$3,250/mo$6.54Aug 1, 202618
318S11727$3,200/mo$2,700/mo$3.71Aug 1, 202685
128S221,058$4,450/mo$4,250/mo$4.02Jul 29, 202623
1122s221,088$4,000/mo$4,000/mo$3.68Jun 25, 20260
1134S221,062$4,600/mo$4,600/mo$4.33Jun 23, 202631

The 15 most recent of 31.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Flamingo South Beach.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1990

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1960 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Flamingo South Beach

5 more nearby

Smaller buildings close by: West Bay Building (150 m) · Villa Bahia (170 m) · 15 Bay Road Residences (200 m) · The Dorilton (240 m) · Emil Luxury (310 m) · The Daria (310 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Flamingo South Beach's closed sales and what is listed now. Then we talk it through.

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Get alerts when a unit lists or sells

When a unit at Flamingo South Beach lists or sells, I'll let you know. I send these myself, not a robot.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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