Bank owned 1 Bed/1 Bath unit within the Flamingo. Great view of the Bay. The unit is in need of repairs and ready for renovations. The building is in the final stages of significant renovations and will be one of the most notable properties in the area once completed. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale.
CondoProperty Type
1960Year Built
$454Est. Price/Sq.Ft.
1 spaceParking
Listed by Leonardo Delgado Jr• Resivest Realty LLC
•786-368-7865 (agent)
•leo@resivestrealty.com (agent)
•786-368-7865 (broker)
•leodelgadojr@gmail.com (broker)
Bought with Omar Santana• Avanti Way Realty LLC
•305-229-1146 (broker)
•brokersupport@avantiway.com (broker)
Source:MARMLS #A10757377
Redfin Estimate
$334,629
$95K since sold in February 2024$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 26.2% lower than the average sale price ($453K) of 6 comparable homes.
Bank owned 1 Bed/1 Bath unit within the Flamingo. Great view of the Bay. The unit is in need of repairs and ready for renovations. The building is in the final stages of significant renovations and will be one of the most notable properties in the area once completed. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale.
MARMLS #A1780114
May 1, 2013
Listing Removed
—
Year
Property tax
Land + Additions
Assessment*
2025
$6,273 (+5.4%)
$334,378
2024
$5,949 (+9.7%)
$334,378
2023
$5,421 (+35.6%)
$286,896
2022
$3,999 (+2.2%)
$286,896
2021
$3,914 (+3.7%)
$212,831
2020
$3,773 (−2.6%)
$202,696
2019
$3,876 (+2.8%)
$200,000
2018
$3,770 (−1.3%)
$200,495
2017
$3,818 (−11.8%)
$200,495
2016
$4,327 (+7.9%)
$200,495
2015
$4,012 (+7.3%)
2014
$3,740 (+11.7%)
2013
$3,347 (+11.9%)
2012
$2,992 (+3.8%)
2011
$2,881
Tax history for 1500 Bay Rd Unit 1054S
Year
Property tax
Land + Additions
Assessment*
2025
$6,273 (+5.4%)
$334,378
2024
$5,949 (+9.7%)
$334,378
2023
$5,421 (+35.6%)
$286,896
2022
$3,999 (+2.2%)
$286,896
2021
$3,914 (+3.7%)
$212,831
2020
$3,773 (−2.6%)
$202,696
2019
$3,876 (+2.8%)
$200,000
2018
$3,770 (−1.3%)
$200,495
2017
$3,818 (−11.8%)
$200,495
2016
$4,327 (+7.9%)
$200,495
2015
$4,012 (+7.3%)
2014
$3,740 (+11.7%)
2013
$3,347 (+11.9%)
2012
$2,992 (+3.8%)
2011
$2,881
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RM-3
Residential Multifamily, High Intensity District
The RM-3 residential multifamily, high intensity district is designed for high intensity multiple-family residences and hotels.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Hotel / motel
Property details
Exterior
Property Information
Subdivision Name: FLAMINGO SOUTH BEACH CONDO 01
Living Sq. Ft: 737
Adjusted Gross Sq. Ft: 737
Building Sq. Ft: 737
# of Units: 1
Legal Description: FLAMINGO SOUTH BEACH I CONDO UNIT 1054S UNDIV 0.001517438% INT IN COMMON ELEMENTS OFF REC 24914-3803 COC 25057-2890 10 2006 1
Lot Information
# of Buildings: 1
Legal Lot Number: 6
Legal Block Number: 43
Municipality Name: MIAMI BEACH
Zoning Code: 4100
County Use Description: RES - TOT VAL : CONDO - RES
State Use Description: CONDOMINIUM
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 737
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1960
Year Renovated: 1960
County: Miami-Dade County
APN: 0232330793630
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
Fienberg/Fisher K-8 Center
Public PreK-8 • Assigned • 0.7mi
5/10
Miami Beach Senior High School
Public 9-12 • Assigned • 1.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 72-80% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 102° expected this year, 28 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami Beach, FL • 33139
Average low and high temperatures (°F)
74
62
75
66
79
69
80
74
86
78
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88
80
90
80
88
80
84
77
80
72
77
69
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.4 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$318,000 – $385,000
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