Always wanted a place on Miami Beach? The best time to buy was 10 years ago. The next best time? TODAY! Beautiful 2/2 condo with private Bay view balcony. There is nothing better than waking to a sunrise over the Bay. Lincoln Road's shops & restaurants, plus events at the Convention Center, are blocks away. Spring brings Wall Cast concerts for free in the evenings. Close to the beach if you prefer the waves to the 2 community pools. Other amenities include spa, jacuzzi, fitness center, doorman and more. This Condo allows long or short-term rentals (a rare find) so you can take advantage of snowbird demand while you are away.
CondoProperty Type
1960Year Built
$558Price/Sq.Ft.
$1,286/moHOA Dues
Listed by Zulma Hernandez Castro• RE/MAX Advance Realty II
•305-975-6757 (agent)
•realtor@zulmahernandez.com (agent)
•305-251-2127 (broker)
•anthony@askaskowitz.com (broker)
Contact: realtor@zulmahernandez.com
Bought with Jose Kamga• Flamingo Point Realty, Inc
Est. $2,895 per month, based on comparable rentals
Sale and tax history for 1500 Bay Rd Unit 862S
Sale History
Tax History
Date
Event
Price
MARMLS #A11967134
May 7, 2026
Sold
$595,000
$558/sq ft
Apr 14, 2026
Pending
—
Feb 17, 2026
Listed
$650,000
$609/sq ft
MARMLS #A11406548
Jul 2, 2024
Rental Removed
$5,500
$5/sq ft
Mar 8, 2024
Listed for Rent
$5,500
$5/sq ft
Jan 29, 2024
Rental Removed
$5,500
$5/sq ft
Dec 26, 2023
Listed for Rent
$5,500
$5/sq ft
Nov 2, 2023
Rental Removed
$5,500
$5/sq ft
Nov 1, 2023
Price Changed
$5,500
$5/sq ft
Oct 24, 2023
Listed for Rent
$4,000
$4/sq ft
MARMLS #A1910163
Sep 10, 2014
Sold
$355,000
$333/sq ft
Mar 23, 2014
Pending
—
Feb 19, 2014
Listed
$355,000
$333/sq ft
Least expensive 2/2 condo unit with bay view! Walking distance to Lincoln Road & minutes from the beach. Amenities include Infinity Pool, Spa, Jacuzzi, World Class Fitness Center with yoga, spinning, boot camp classes, beach volleyball, basketball, day sp a/salon, restaurant with full bar providing pool lounge service, doggy day care, on-site dry cleaners and market/liquor store. Flamingo South Beach offers the best in 1st Class living! Parking is $117 per month.
Year
Property tax
Land + Additions
Assessment*
2025
$7,767 (+7.9%)
2024
$7,202 (+9.3%)
2023
$6,588 (+20.1%)
2022
$5,487 (+4.4%)
2021
$5,257 (−5.3%)
$292,010
2020
$5,548 (−13.2%)
$272,270
2019
$6,395 (+3.0%)
$330,000
2018
$6,210 (+6.6%)
$330,251
2017
$5,823 (−16.7%)
$305,788
2016
$6,987 (−2.0%)
$305,788
2015
$7,127 (+26.3%)
2014
$5,643 (+9.0%)
2013
$5,176 (+16.1%)
2012
$4,459 (−6.0%)
2011
$4,746
Public record
Public record
Zoning
Beds
2
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1960
Sq. Ft.
1,067
Year built
1960
Style
Condo/Co-op
County
Miami-Dade County
APN
0232330794130
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
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
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 2
Laundry Information
Features: Common Area
Equipment
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Interior Features
Flooring: Ceramic Tile, Marble
Other Features: Bedroom on Main Level
Exterior
Building Information
Year Built Details: Resale
Construction Details: Block
Exterior Features
Exterior Features: Balcony
Patio And Porch Features: Balcony, Open
Security Features: Door Man, Elevator Secured, Key Card Entry, Fire Sprinkler System
Pool and Spa Information
Pool Features: Association
Land Information
Possible Use: Investment
Lot Information
Is Waterfront
Waterfront Features: Bay Front
Property Information
Has View
Entry Location: 8
Entry Level: 8
Has Property Attached
Financial
Tax Information
Annual Tax Amount: $7,767
Tax Year: 2025
Rental Information
PetsAllowedYN: Pets Allowed
Pets Allowed Details: Conditional, Yes
Utilities
Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Location
HOA Information
Association Fee: $1,286
Association Fee Frequency: Monthly
Association Fee 3: 1286.0
Association Fee 3 Frequency: Monthly
Association Fee Includes: Association Management, Amenities, Common Areas, Hot Water, Laundry, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, Trash, Water
Association Amenities: Fitness Center, Laundry, Pool, Trash, Elevator(s)
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,067
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1960
Year Renovated: 1960
County: Miami-Dade County
APN: 0232330794130
Home facts updated by county records on Jul 2, 2026
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
87
80
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
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in Miami Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$643,000 – $778,000
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