Single Family Residence

1301 Flamingo Way

1301 Flamingo Way, Miami Beach FL 33139 Get directions

$2,999,000

For Sale
Price cut: $1,901,000 (−38.8%)

5 Beds · 3 Baths · 2,743 SqFt

See estimated monthly cost

This listing is courtesy of Compass Florida, LLC. George Burns

Overview

Investment Opportunity in Prime South Beach Location. Don’t miss this rare chance to own a home in one of South Beach’s most desirable neighborhoods. This charming 5-bedroom, 3-bathroom property offers incredible potential and long term upside. Whether you're looking to re-develop into multi-family or renovate to your personal taste, this property is a smart move for investors and end-users alike. Located within walking distance to Lincoln Road, parks, coffee shops, and Whole Foods — convenience and lifestyle come together here. No HOA.

Facts & features

Interior

Living area (sq ft)
2,743
Full bathrooms
3
  • First Floor Entry
  • Den/Library/Office
  • Family Room
  • Other

Building & exterior

Year built
1941
Lot size (sq ft)
6,000
  • None
  • Other
  • Driveway

HOA (homeowners association)

  • Ok To Lease

Taxes

Annual tax
$2,927
Tax year
2025
Parcel number
02-32-33-016-0250

Listing

MLS number
A12076711
Property type
Single Family Residence
Price per SqFt
$1,093
Subdivision
ALTON BEACH BAY FRONT RE-
On market since
Aug 25, 2026
Days on market
41

Price history

Date Event Price Change
Aug 25, 2026 Listed $4,900,000 —
Oct 5, 2026 Price change $2,999,000 −$1,901,000 (−38.8%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$17,658 per month

Principal & interest (30 yr)
$15,165
Property tax
$244
Insurance (estimated)
$2,249

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.31 mi
  • Lincoln-Marti Community Agency 41 Private · PK-03 · 0.47 mi
  • Miami Beach Adult & Community Education Center Public · 0 · 0.58 mi
  • Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.64 mi
  • BaseCamp 305 Jr Private · KG-KG · 0.93 mi
  • Miami Beach South Pointe Elementary Public · PK-5 · 0.95 mi

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