$690,000

1500 Bay Rd #122S, Miami Beach, FL 33139

Bedrooms
2
Baths
2
Living area
1,081 ft²
Price per ft²
$638 / ft²
Type
Condo
Year built
1960
HOA
$1,424 / mo HOA
On market
2 days on market
MLS #
A12098148

Experience luxury at Flamingo Point, a tropical paradise! Rent a furnished 1081 SqFt 2 bed/2 bath with view to the bay and the city Skyline overlooking the luxurious tropical garden, an upgraded kitchen, stainless steel appliances, washer/dryer Combo and upgraded bathrooms. Delight in amenities like a fitness center, resort-style pools, tropical garden, sunset yoga, dog play area, business center and 24/7 valet. Explore on-site establishments: "La Piscine" restaurant, "Yafit" store, "Doggie VIP" spa, "Rejuvaline MedSpa" and "Pura Vida" organic restaurant. Flamingo Point provides a unique investment opportunity, allowing short-term rentals (30 days mini) via platforms like Airbnb and VRBO. Benefit from flexibility and generate income year-round.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $638. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 5% above the median.
  • Position in the area’s price distributionThe asking price is $690,000; the median of recorded sales in the area is $590,000 (2,277 sales). On raw price that is 17% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,424 per month comes to $17,088 a year — 2.5% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$207,000
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$3,223
Loan amount
$483,000
Total interest over the term
$677,333
Total repaid
$1,160,333

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Flamingo Point Realty, Inc

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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