This complex is a microcosm of South Beach, walk through the common areas and you will hear numerous languages being spoken, see young and old residents leading an active lifestyle, walking their dogs or exercising or socializing, amazing gym and amenitie s, largest acreage directly on Biscayne Bay in South Beach give this the PERFECT location, as for the unit it is one of the largest 1BR's with a peaceful NE view, huge balcony, hurricane imapct sliding glass door, & YOU WILL NOT FIND A BETTER PRICED UNIT!
CondoProperty Type
1960Year Built
$400Est. Price/Sq.Ft.
1 car garageParking
Listed by Sean Greco• Buy The Beach Realty, Inc.
•786-877-9220 (agent)
•seangreco@gmail.com (agent)
•305-531-6929 (broker)
Bought with Michelle Halfon• MLR Realty
•305-673-3303 (broker)
•Contact@MLR-Realty.com (broker)
Source:MARMLS #M1244225
Redfin Estimate
$368,756
$109K since sold in June 2016$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.9% lower than the average sale price ($405K) of 6 comparable homes.
This complex is a microcosm of South Beach, walk through the common areas and you will hear numerous languages being spoken, see young and old residents leading an active lifestyle, walking their dogs or exercising or socializing, amazing gym and amenitie s, largest acreage directly on Biscayne Bay in South Beach give this the PERFECT location, as for the unit it is one of the largest 1BR's with a peaceful NE view, huge balcony, hurricane imapct sliding glass door, & YOU WILL NOT FIND A BETTER PRICED UNIT!
Year
Property tax
Land + Additions
Assessment*
2025
$5,335 (+2.1%)
2024
$5,226 (+9.3%)
2023
$4,781 (+18.1%)
2022
$4,047 (+9.9%)
2021
$3,681 (−8.3%)
2020
$4,016 (+12.0%)
$190,638
2019
$3,585 (−7.1%)
$185,000
2018
$3,860 (−1.3%)
$205,273
2017
$3,909 (−11.8%)
$205,273
2016
$4,430 (−11.9%)
$205,273
2015
$5,028 (+21.6%)
2014
$4,135 (+9.6%)
2013
$3,772 (+12.9%)
2012
$3,341 (+12.6%)
2011
$2,966
Tax history for 1500 Bay Rd Unit 402S
Year
Property tax
Land + Additions
Assessment*
2025
$5,335 (+2.1%)
2024
$5,226 (+9.3%)
2023
$4,781 (+18.1%)
2022
$4,047 (+9.9%)
2021
$3,681 (−8.3%)
2020
$4,016 (+12.0%)
$190,638
2019
$3,585 (−7.1%)
$185,000
2018
$3,860 (−1.3%)
$205,273
2017
$3,909 (−11.8%)
$205,273
2016
$4,430 (−11.9%)
$205,273
2015
$5,028 (+21.6%)
2014
$4,135 (+9.6%)
2013
$3,772 (+12.9%)
2012
$3,341 (+12.6%)
2011
$2,966
*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 I CONDO
Living Sq. Ft: 923
Adjusted Gross Sq. Ft: 923
Building Sq. Ft: 923
# of Units: 1
Legal Description: FLAMINGO SOUTH BEACH I CONDO UNIT 402S UNDIV 0.00189974 % INT IN COMMON ELEMENTS OFF REC 24914-3803 OR 24258-4608 0206 6
Lot Information
# of Buildings: 1
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.: 923
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1960
Year Renovated: 1960
County: Miami-Dade County
APN: 0232330790070
Home facts updated by county records on Jul 2, 2026