# Flamingo South Beach

As of 2026-10-30, Flamingo South Beach in South Beach has 2 units for sale at a median asking price of $1.16M ($796/sqft); 18 units sold in the last 12 months.

Flamingo South Beach is a 20-floor, 561-unit waterfront condominium at 1500 Bay Rd in South Beach, built in 1960, with 52 recorded resale deeds in the 12 months to October 22, 2026.

## Key facts

| | |
|---|---|
| Address | 1500 Bay Rd |
| Neighborhood | South Beach |
| Year built | 1960 |
| Floors | 20 |
| Units | 561 |
| Waterfront | yes |
| Developer | MCZ/Centrum |
| For sale | 2 |
| Pending | 2 |
| Median asking price | $1,162,000 |
| Median asking $/sqft | $796/sqft |
| Sold, last 12 months | 18 |
| Median sold $/sqft, 12 months | $637/sqft |
| Months of inventory | 1.3 |
| Median HOA | $1,795/mo |
| Parking | The building offers 24/7 valet parking and assigned garage parking spaces. |

## Own Miami measures

- **own.miami Building Score: 67 (B+)**
  - Value: 31 — $730/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 87 — +19.3% $/sqft over 6 months
  - Liquidity: 67 — 2.0 months of supply · 85 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 8 — Built 1960 — vs. South Beach buildings
- **Own Miami Condo Index: 101** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 337 of 698 tracked Miami condos)
- **Financeability Index: 18** (cash; 12-month window, 3 recorded mortgages, 2% of sales bank-financed, lowest down payment 26.2%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2035)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- positive: No special assessment — noted on 2 listings (2026-09-18)
- Legal & regulatory: 0 material cases active, 0 disputes active, 2 DBPR complaints (36 months) (2026-10-29)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Flamingo South Beach](https://own.miami/buildings/flamingo-south-beach/for-sale)
- [The Decoplage](https://own.miami/buildings/the-decoplage)
- [The Presidential](https://own.miami/buildings/the-presidential)
- [The Strand on Ocean Drive](https://own.miami/buildings/the-strand-on-ocean-drive)
- [Ocean Point](https://own.miami/buildings/ocean-point)

---

Source: Own.Miami — https://own.miami · data as of 2026-10-30
Canonical page: https://own.miami/buildings/flamingo-south-beach
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai