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Condominium at 1500 Bay Rd # 1210S, Miami Beach FL 33139Pending
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Waterfront · Condominium
$285,000$604 / sqft

1500 Bay Rd # 1210S, Miami Beach FL 33139

0
Bedrooms
1
Bathrooms
472 sqft
Interior
1960
Year built
$614 / mo
HOA
Condominium
Type

About this home

Best Studio Deal at Flamingo South Beach! This stylish residence features tile floors throughout, sliding partition panels for added privacy, and a W/D in the unit. Enjoy open east views of the city skyline and the Atlantic Ocean. The building offers over-the-top full amenities. Located in the heart of South Beach, walk to restaurants, shopping, nightlife, and the beach. Experience the ultimate South Beach lifestyle and live in the center of it all!

Features

  • Fire Sprinklers
  • East Of Us1
  • Barbeque
  • Courtyard
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,055

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,441
HOA
$614 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Coldwell Banker Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.