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.
For sale
Price cut: $1.9M (10/5)
$2,999,000
1301 Flamingo Way, Miami Beach, FL 33139
5beds
2,743sqft
Single Family Residence
Built in 1941
6,000 Square Feet Lot
$2,807,200 Zestimate®
$1,093/sqft
$-- HOA
What's special
- 77 days
- 244
- 5
Zillow last checked:
Listing updated:
Listed by:
George Burns 305-904-7703,
Compass Florida, LLC
Source: MIAMI,MLS#: A12076711
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Den/Library/Office, Family Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Other, Washer
Features
- Other
- Flooring: Terrazzo
Interior area
- Total structure area: 2,791
- Total interior livable area: 2,743 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible
Features
- Stories: 1
- Entry location: First Floor Entry
- Exterior features: Other
- Pool features: R30-No Pool/No Water
- Has view: Yes
- View description: None, Other
Lot
- Size: 6,000 Square Feet
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0232330160250
- Zoning: 3900
- Other equipment: Other
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Roof: Barrel Roof
Condition
- Year built: 1941
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: None, Street Lights, No Subdiv/Park Info
- Security: Fire Alarm, Smoke Detector
- Subdivision: Alton Beach Bay Front Re-
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $1,093/sqft
- Tax assessed value: $1,977,906
- Annual tax amount: $2,927
- Date on market: 8/25/2026
- Listing terms: All Cash,Conventional
Estimated market value
$2,807,200
$2.67M - $2.95M
$8,859/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/5/2026 | Price change | $2,999,000-38.8%$1,093/sqft |
Source: | ||
| 8/25/2026 | Listed for sale | $4,900,000$1,786/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,927 +3.9% | $233,073 +2.9% |
| 2024 | $2,816 +3.9% | $226,505 +3% |
| 2023 | $2,712 +2.1% | $219,908 +3% |
| 2022 | $2,656 | $213,503 |
Find assessor info on the county website
Monthly payment
Est. payment







