Miami Art Week 2026Upcoming
8 exhibitions within 1 mile
Art Week Score 54 · #117 in South Beach
#117 in South Beach · #175 in Miami
Nearest: What Water Remembers, 0.5 mi away
For sale
2
2 pending · 1.3 mo supply
Median asking
$1.16M
from $575K
Median $/sqft
$796/sqft
$637/sqft sold, 12 mo
Days on market
98
70 to sell · 18 in 12 mo
Flamingo South Beach is a waterfront condominium at 1500 Bay Rd in South Beach, with 561 residences across 20 floors. It was built in 1960. Miami-Dade Clerk records show 52 resale deeds in the 12 months to October 22, 2026.
The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where lenders require flood insurance for federally backed or federally regulated mortgages. It is in Miami-Dade hurricane evacuation zone B, and the lowest street beside it is 2.3 ft above the highest tide predicted for 2026 at Virginia Key.
The 2025 tax roll shows 8% of units with a homestead exemption and 23% owned by a company or trust. Recent purchases were mostly paid in cash, going by recorded deeds and mortgages, and the financeability index is 18 of 100. A public records check run on October 23, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher. The Car-Free Index is 2, and the nearest Publix is 990 m away in a straight line.
Live near more of Miami
What surrounds Flamingo South Beach: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
55 / 100
Nearest Publix: Publix at Publix On The Bay, 0.6 mi
#102 in South Beach · #358 in Miami
Within a mile. The city planners knew.
3 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
67
/ 100
B+
own.miami Score
A data-grounded score for Flamingo South Beach from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value31
$730/sqft — vs. South Beach condos, then all of Miami
Momentum87
+19.3% $/sqft over 6 months
Liquidity67
2.0 months of supply · 85 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age8
Built 1960 — vs. South Beach buildings
own.miami Condo Index
101At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#337 of 698 tracked Miami condos
Top 48% by price per sq ft
#77 of 121 in South Beach
Momentum
↑ Rising
$730/sqft median ask
Liquidity
Warm
The stacks
18 lines · modeled from 95 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Flamingo South Beach’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -78 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -02 | 1 bd · 1 ba | 923 sqft | Ocean ViewWaterfront | $458/sqft | +$4 | $435/sqft → $463/sqft | 4 |
| -08 | 1 bd · 1 ba | 737 sqft | SkylineWaterfront | $524/sqft | — | — | 3 |
| -10 | Studio · 1 ba | 472 sqft | SkylineWaterfront | $591/sqft | — | — | 2 |
| -14 | 3 bd · 3 ba | 2,029 sqft | BayWaterfront | $708/sqft | +$18 | $529/sqft → $780/sqft | 5 |
| -28 | 2 bd · 2 ba | 1,072 sqft | BayWaterfront | $588/sqft | +$12 | $543/sqft → $664/sqft | 4 |
| -32 | 1 bd · 1 ba | 722 sqft | BayWaterfront | $693/sqft | +$5 | $656/sqft → $710/sqft | 6 |
| -40 | 1 bd · 1.5 ba | 1,027 sqft | BayWaterfront | $574/sqft | +$6 | $544/sqft → $605/sqft | 5 |
| -44 | 1 bd · 1 ba | 729 sqft | BayWaterfront | $648/sqft | — | — | 4 |
| -46 | 2 bd · 2 ba | 1,069 sqft | BayWaterfront | $514/sqft | — | — | 3 |
| -48 | 2 bd · 2 ba | 1,061 sqft | BayWaterfront | $509/sqft | — | — | 3 |
| -52 | Studio · 1 ba | 584 sqft | BayWaterfront | $565/sqft | +$6 | $536/sqft → $589/sqft | 5 |
| -54 | 1 bd · 1 ba | 737 sqft | BayWaterfront | $482/sqft | $-3 | $512/sqft → $469/sqft | 4 |
| -56 | Studio · 1 ba | 584 sqft | BayWaterfront | $582/sqft | +$3 | $538/sqft → $561/sqft | 6 |
| -58 | 1 bd · 1 ba | 788 sqft | BayWaterfront | $495/sqft | +$22 | $437/sqft → $683/sqft | 3 |
| -62 | 2 bd · 2 ba | 1,067 sqft | BayWaterfront | $522/sqft | $-7 | $557/sqft → $506/sqft | 4 |
| -64 | 1 bd · 1 ba | 731 sqft | BayWaterfront | $622/sqft | +$4 | $600/sqft → $653/sqft | 4 |
| -70 | 2 bd · 2 ba | 1,121 sqft | Ocean ViewWaterfront | $500/sqft | — | — | 3 |
| -78Best value | 1 bd · 1 ba | 953 sqft | SkylineWaterfront | $404/sqft | — | — | 3 |
Modeled from Flamingo South Beach’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Flamingo South Beach’s own sales history.
Estimated value
$385,000
$366,000–$404,000 · $404/sqft
Moderate confidence · 3 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Flamingo South Beach?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$1,749,000$862/sqft
3 bd · 3 ba · 2,029 sqft
1500 Bay Rd #1514S
Listing courtesy of Beycome of Florida LLC, Steven Koleno (Lic. #3469487) · MLS #A12108009
$575,000$730/sqft
1 bd · 1 ba · 788 sqft
1500 Bay Rd #1558S
Airbnb-readyShort-term leases OKRental income in place
Listing courtesy of Discolo Real Estate, Inc., Enrico Discolo (Lic. #3447427) · MLS #A11921620
Sold $/sqft trend
3-month rolling median of closed sales in Flamingo South Beach; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 1500 Bay Rd
- Year built
- 1960
- Floors
- 20
- Residences
- 561
- Developer
- MCZ/Centrum
- Waterfront
- Yes
Developed by
MCZ/Centrum58
B · Developer Score
- Ranks #1 of 4 scored MCZ/Centrum buildings
- Asking $796/sqft here vs $488/sqft across the developer's portfolio
- 42% of the developer's portfolio has no adverse verified record
- All 4 buildings by this developer
Amenities
- · Pool
- · Spa
- · Fitness center
- · Valet
- · Concierge
- · Security
- · Business center
- · Sauna
- · Tennis
- · Marina
- · Salon
- · Pet area
- · Basketball
- · Beach volleyball
- · Dry cleaning
- · Market
Building rules
- Parking
- The building offers 24/7 valet parking and assigned garage parking spaces.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveNo special assessment — noted on 2 listingsSep 18, 2026
Source: MLS listing remarks
- Verified: no special assessment in force
- Built 1960 — past its first structural milestone; next inspection around 2035
Estimated from Flamingo South Beach’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Flamingo South Beach: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 3
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 2%
- 51 recorded sales, 12 months · Resales only
- Average down payment
- 39.4%
- Lowest down payment accepted
- 26.2%
Loan programmes, 24 months:Conventional 2Private lenders 1
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft.
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 4.5 ft
- Lowest nearby street
- 3.3 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.3 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 2
- Open DBPR complaints
- 0
- Developer litigationClosedassociation as plaintiff · Filed Apr 2022
The condominium association filed a contract lawsuit against two affiliated developer entities that own neighbouring phases of the property. The case was closed in July 2025.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR73518 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Flamingo South Beach cost?+
There are 2 condos for sale at Flamingo South Beach, from $575,000, with a median asking price of $1,162,000 ($796/sqft).
How much are the HOA fees at Flamingo South Beach?+
HOA / maintenance fees at Flamingo South Beach run around $1,795 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Flamingo South Beach a waterfront building?+
Yes — Flamingo South Beach is a waterfront building (South Beach).
When was Flamingo South Beach built?+
Flamingo South Beach was built in 1960, 20 stories, 561 residences.
Who developed Flamingo South Beach?+
Flamingo South Beach was developed by MCZ/Centrum. MCZ/Centrum's own.miami Developer Score is B across 4 buildings.
Stay ahead
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If you like Flamingo South Beach, compare
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