Luxury Condos in Miami Under $1 Million: What Can You Buy in 2026? | Luxe Miami Realty

1500 Bay Rd # 862S
Miami Beach, FL, 33139
$650,000
2 Beds
2 Baths
1,067 SqFt
0 Acres
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MLS #A11967134 image #0
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.

Property Details

Price:
$650,000
MLS #:
A11967134
Status:
Pending
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
FLAMINGO SOUTH BEACH 1 CO
Neighborhood:
flamingosouthbeach1co
Listed Date:
Feb 17, 2026
Finished Sq Ft:
1,067
Total Sq Ft:
1,067
Year Built:
1960
High RiseWaterfrontFlamingo South Beach 1 CoFlamingosouthbeach1coFlamingo South Beach 1 CoNautilusMiami BeachBayOk To LeaseRestrictions Or Possible Restrictions

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Schools

Middle School:
Nautilus
High School:
Miami Beach

Interior

Appliances
Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Electric
Flooring
Ceramic Floor, Marble
Heating
None
Interior Features
Fire Sprinklers
Laundry Features
Common Area

Exterior

Architectural Style
High Rise
Association Amenities
Laundry, Elevator(s), Exercise Room, Pool, Trash Chute
Construction Materials
CBS Construction
Exterior Features
Open Balcony
Parking Features
None, No Trucks/Trailers
Patio And Porch Features
Open Balcony
Security Features
Fire Sprinklers, Doorman, Elevator Secure, Card Entry
View
Bay

Financial

HOA Fee
$1,286
HOA Fee Frequency
Monthly
Maintenance Fee
$1,286
Tax Year
2025
Taxes
$7,767

Map

Community

Subdivisions in Miami Beach

Market Summary

Current real estate data for Condo in Miami Beach as of Apr 24, 2026
2,035
Condo Listed
179
Avg DOM
1,049
Avg $ / SqFt
$1,675,586
Avg List Price

Property Summary

    Located in the FLAMINGO SOUTH BEACH 1 CO subdivision, 1500 Bay Rd # 862S Miami Beach FL is a Condo for sale in Miami Beach, FL, 33139. It is listed for $650,000 and features 2 beds, 2 baths, and has approximately 1,067 square feet of living space, and was originally constructed in 1960. The current price per square foot is $609. The average price per square foot for Condo listings in Miami Beach is $1,049. The average listing price for Condo in Miami Beach is $1,675,586. To schedule a showing of MLS#a11967134 at 1500 Bay Rd # 862S in Miami Beach, FL, contact your Julien Drieu agent at 7862380927.

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