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$1,749,000

1500 Bay Rd #1514S, Miami Beach, FL 33139

Bedrooms
3
Baths
3
Living area
2,029 ft²
Price per ft²
$862 / ft²
Type
Condo
Year built
1960
HOA
$2,640 / mo HOA
On market
3 days on market
MLS #
A12108009

Rare Flamingo South Beach Penthouse with Sweeping Bay & Ocean Views Experience Miami Beach living in this 2,029 sqft penthouse with nearly 360-degree views of Biscayne Bay, the ocean, and Miami skyline. Features a large open living and dining area, 3 extra-large bedrooms with walk-in closets, 3 full baths, 2 private balconies, covered parking, and potential to raise ceiling height. Located in Flamingo’s 16.5-acre waterfront community with lush tropical landscaping, enjoy 2 oversized pools, jacuzzi, fitness center with sauna, indoor playroom, and a waterfront boardwalk with beautiful sunset views and occasional dolphin and manatee sightings. On-site: Pura Vida, bodega, medical spa, poolside restaurant, dog daycare. Some photos have been virtually rendered.

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 $862. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 42% above the median.
  • Position in the area’s price distributionThe asking price is $1,749,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 196% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $2,640 per month comes to $31,680 a year — 1.8% 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%$524,700
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$8,477
Loan amount
$1,224,300
Total interest over the term
$1,827,350
Total repaid
$3,051,650

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

Beycome of Florida LLC

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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