TURNKEY MIAMI BEACH 1BD/1BA - IDEAL FOR INVESTORS OR SECOND HOME Beautifully upgraded and fully furnished 1BD/1BA, ready to move in or rent immediately. Upgraded in 2022 with tile flooring, modern kitchen, stainless-steel appliances, and a stylish renovated bathroom. Peace of mind: Strong building with $1M+ in reserves, no special assessments, completed inspections, roof replaced in 2025, and upgraded elevators. Enjoy true resort-style living with infinity pools, two fitness centers, spa, sauna, jacuzzi, tropical gardens, sunset yoga, dog play area, business center, dock space, and 24/7 security and valet. On-site dining and services include La Piscine, Yafit, Doggie VIP, Rejuvaline MedSpa, and Pura Vida. Investor-friendly: 30-day minimum rentals permitted, including Airbnb and VRBO.
West Avenue, located between Biscayne Bay and Alton Road, is a residential and waterfront Miami Beach neighborhood with bayfront parks and mid-rise condo streetscapes. The neighborhood’s character concentrates around the West Avenue corridor near Lincoln Road, where sidewalk cafes, small studios, and local eateries set a steady, lived-in rhythm. Purdy Lounge and the Miami Beach Botanical Garden serve as recognizable cultural pillars nearby, with The Bass adding a museum-grade counterpoint. Architecture leans modernist and postwar mid-century, with newer glass towers facing the water. Baywalk segments and pocket parks frame daily routines with open-sky views. Sunset Harbour’s marina edge and dining rooms sit just south, shaping the area’s after-hours energy.
Provided by Walk Score and Local Logic
Market insights
1500 Bay Rd #364 · $540,000
DAYS ON MARKET
108 days
The average home goes pending in 113 days.
SALE-TO-LIST
94.1%
Most homes are selling 6% below list price.
LIST PRICE
$540,000
Median sale price in this area is $376,256. (30% lower than this home)
PRICE DROP
3 price drops
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Kitchen island
Walk-in closet(s)
Closet cabinetry
Blinds
Furnished
Bedrooms
1 bedroom (main level)
Bathrooms
1 full bathroom (main level)
Kitchen
Dishwasher
Microwave
Refrigerator
Laundry & utility
Washer/dryer hookup inside
Flooring
Ceramic tile
Heating & cooling
Central heating (electric)
Central air conditioning
Exterior features
Waterfront property
Heated spa
Home design
Condominium
One level
East-facing
Resale unit, updated/remodeled
Located in a 15-story building (Flamingo South)
Parking
Garage door opener
Security
Building security
Fire alarm
Smoke detectors
Security system
Attended lobby
Security patrol
Construction
Brick and concrete construction
Other roof
Utilities
Public water
Public sewer
Electricity connected
Water available
HOA & community
Part of Flamingo South association
Monthly association fee
Association amenities include boating, dog park, elevators, fitness center, laundry, park, picnic area, pool, sauna, spa/hot tub, trash chute, bike storage, business center, cafe/restaurant, community room, heated pool, lobby, and security
Association fee covers cable TV, grounds and structure maintenance, pest control, security, trash, water, elevator, reserves, roof repairs and pool service
Financial info
Pets allowed (cats and dogs; possible limits and restrictions)
Electricity and solar
View estimated energy costs and solar savings for this home
Estimated 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, 25 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
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66
79
69
80
74
86
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88
80
90
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88
80
84
77
80
72
77
69
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1500 Bay Rd #364
$512,599
$27K under list price of $540K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $183K to $575K.