Flamingo Point Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Thinking about renting at Flamingo Point Apartments in South Beach? Rent here runs $3,606 – $14,785, and renters insurance adds about $18/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

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1508 Bay Rd, Miami Beach, FL 33139

South Beach

Built 1960 15 stories 366 units
3.4/5 ·449 reviews Google
5/5 ·300 reviews Apt. Finder
$3,606 – $14,785 /month

Renters Insurance at Flamingo Point Apartments

We found a few insurance details on Flamingo Point Apartments's website. Your lease may have additional requirements — treat these as a starting point.

Lease Requirements

Interested party* Add property to policy
Listed carriers
Sure Kin Assurant
See how your options compare. Get a quote

* An "interested party" is the property management company listed on your insurance policy. It doesn't give them any claim rights — it just means they get notified if your policy lapses, which is how the leasing office verifies you stay insured.

One thing to watch for: when you purchase your policy, most carriers have a field where you add the property as an interested party — skip that step and your proof may get rejected. It takes 30 seconds during checkout. Start a quote to see which carriers handle this automatically.

What Affects Your Premium Here

Every building is different. These factors specific to Flamingo Point Apartments can push your insurance cost up or down:

Older Building

Built in 1960 — older plumbing/electrical may increase risk

Gated Community

Gated access reduces theft risk — may qualify for security discount

Controlled Access

Electronic/key fob entry — reduces unauthorized entry risk

Theft Reports

4 mentions in Google reviews

Package Theft

1 mentions in Google reviews

FEMA Flood Zone

Zone AE — High-risk flood area with base flood elevation. Flood insurance strongly recommended.

What You'll Likely Pay

$18

Est. Monthly

$215

Est. Annual

$16

With Discounts/mo

$16

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Flamingo Point Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$75,000 recommended

If you own less

$50,000

If you own more

$100,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Pool on premises — higher liability recommended for accidents at shared amenities

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Flamingo Point Apartments:

Carrier Monthly Annual
Lemonade $9/mo $112/yr
USAA $11/mo $126/yr
State Farm $14/mo $168/yr
Progressive $15/mo $182/yr
Safeco $15/mo $182/yr
Travelers $16/mo $196/yr
Allstate $18/mo $210/yr
Nationwide $18/mo $210/yr
Farmers $19/mo $224/yr
Liberty Mutual $21/mo $252/yr

Discounts You May Qualify For

Gated community
-5%
Controlled access
-3%
Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $16/mo

6 discounts may apply here. Real quotes show your actual price — estimates can't.

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Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Miami Beach.

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Theft Common topic
Noise Common topic
Maintenance Issues Mentioned
Safety Concerns Mentioned
Package Theft Mentioned
Management Issues Mentioned
Slip/Fall Hazards Mentioned

On-Site Security

Controlled access Gated

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for Flamingo Point Apartments.

FEMA Zone AE — High-risk flood area with base flood elevation

Flood insurance strongly recommended — standard renters policies exclude flood damage.

What to know about flood insurance as a renter:

  • Your landlord's building policy does not cover your belongings
  • NFIP (National Flood Insurance Program) offers renters policies starting around $99/year
  • Private carriers (Neptune, Wright Flood) may offer lower rates
  • Most flood claims in this zone are for personal property, not structural damage

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

Fees Beyond Rent

These are the additional charges beyond base rent at Flamingo Point Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Account Setup Fee

Utility charge for account setup at move-in. Charged per unit.

$20

Move Out Service Fee

Utility charge for account closure. Charged per unit.

$20

Pest Control

Monthly fee for preventative pest management. Charged per unit.

$3.53 / mo

Monthly Service Fee

The monthly service fee covers administrative and billing services. Charged per unit.

$6.65 / mo

Energy Conservation Fee

Monthly fee supporting sustainability initiatives. Charged per unit.

$7.97 / mo

Sewer

Utility charge for sewer billed monthly based on usage or flat rate. Charged per unit.

Varies / mo

Gas

Utility charge for gas billed monthly based on usage or flatrate. Charged per unit.

Varies / mo

Water

Utility charge for water billed monthly based on usage or flat rate. Charged per unit.

Varies / mo

Electric

Utility charge for electricity billed monthly based on usageor flat rate. Charged per unit.

Varies / mo

Application Fee (per applicant)

A one-time, non-refundable charge for processing rental applications. Charged per applicant.

$100

Trash

Utility charge for trash billed monthly based on usage or flat rate. Charged per unit.

$31.67

Admin Fee

A one-time, non-refundable administrative fee charged at lease initiation to cover processing and onboarding costs. Charged per unit.

$350

Pets Fees

Pet Fee

One-time fee for pets, exempt for assistance animals. Charged per pet.

$500

Parking Fees

Parking

Monthly fee for reserved parking spaces or garages. Charged per vehicle.

$175 - $225 / mo

Addons Fees

Minimum Liability Insurance

Monthly fee ensuring required liability coverage. Charged per unit.

$15 / mo

Rent Credit Reporting (per household)

Optional service reporting rent payments to credit bureaus. Charged per unit.

$8 / mo

Short Term Renewal Fee

Monthly premium for short-term lease renewals. Charged per unit.

25% of base rent / mo

Notice Fee

Charge for failing to provide proper notice before vacating.Charged per unit.

3% of base rent

Termination Fee

Charge for ending a lease early. Charged per unit.

300% of base rent

Situational Fees

Late Charges

Fee for rent payments made after the due date. Charged per unit.

$150

Returned Check Fee

Fee for payments returned due to insufficient funds. Chargedper unit.

$40

Transfer Fee

Fee for moving to another unit within the same property. Charged per unit.

50% of base rent

Amenities

Special Features

Dog Friendly Ge Stainless Steel Appliances Large Eat-in Kitchen Private Ground Floor Lobby Quartz Countertop Warm Wood Tile Flooring Guarantors Welcome On-site Dry Cleaning On-site Recycling The Atlantic & Biscayne Bay Vi Walk-in Pantry 16 Foot Ceiling In Living Room 2-story Expansive Open-concept Garden Front Spacious Balcony Large Master Suite Private Dining Room Sub Zero Wolf Appliances White Thassos Marble Counterto 5-fixture Bathroom Floor-to-ceiling Glass Windows Monte Bianco Marble Countertop Private Waterfront Balconies Recessed Dimmable Lighting Terrazzo Tile Bathroom Floors Custom Italian Cabinets Custom Italian Kitchen Cabinet EV Charging Stations Expansive Open-concept Layout Floor Penthouse In-unit Washer and Dryer Phone: AT&T U-Verse Smart Home Door Lock Smart Home Technology Waterfront Biscayne Bay Views Gate Large Entry Foyer Light Wood Tile Flooring Private Waterfront Balconies O Spacious Tiled Balcony Cat Friendly Controlled Access Building French Vanilla Marble Floors Semi-private Entry Elevator Smart Package 365 TV: AT&T U-Verse View Bay Balcony Private Wi-Fi in Common Areas

Community Features

Laundry Facilities Recycling Dry Cleaning Service Pet Play Area Car Charging Station Public Transportation Elevator Lounge Storage Space Cabana Courtyard Waterfront Fitness Center Pool Basketball Court Volleyball Court

Floor Plan Amenities

Wi-Fi Washer/Dryer Air Conditioning Heating Smoke Free Storage Space Dishwasher Granite Countertops Stainless Steel Appliances Pantry Eat-in Kitchen Kitchen Microwave Range Refrigerator Tile Floors Dining Room High Ceilings Walk-In Closets Floor to Ceiling Windows Balcony

Pet Policy

Bringing a pet? Here's what Flamingo Point Apartments allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

Other Pets Allowed
$500 Fee

About Flamingo Point Apartments

Year Built: 1960
Stories: 15 stories
Units: 366
Phone: (850) 988-8027

From the property listing:

Schedule your private showing today at Flamingo Point, where you will discover waterfront living unlike anywhere else. Your time matters, so we skip the hidden fee shuffle. Our prices include required monthly costs no extra math, no mystery, just the real number. With gorgeous views of Biscayne Bay and the Atlantic ocean, these homes offer unrivaled living experiences with Wolf gourmet appliances, and intentional design detail.

Other Options Nearby

Still weighing your choices? Other communities in Miami Beach — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does Flamingo Point Apartments require renters insurance?
We found specific coverage details on Flamingo Point Apartments's website — these likely reflect lease requirements, but confirm with the leasing office. Even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Flamingo Point Apartments?
For this zip code and building type, expect to pay around $18/month ($215/year). Flamingo Point Apartments has security features that qualify for discounts — with those applied, you could pay as little as $16/month. For context, the statewide average is $16/month, so this building is above average.
Does Flamingo Point Apartments allow pets?
Yes, Flamingo Point Apartments is pet-friendly. Here are the details: Other Pets Allowed. $500 Fee. Standard renters insurance covers pet-related liability at no extra cost.
Does Flamingo Point Apartments need flood insurance?
This property sits in FEMA flood zone AE (High-risk flood area with base flood elevation). Standard renters insurance does not cover flood damage — you'd need a separate flood policy or endorsement. The National Flood Insurance Program (NFIP) offers renters policies starting around $99/year, and private carriers like Neptune and Wright Flood may offer competitive rates.
What floor plans does Flamingo Point Apartments offer?
There are 92 floor plans to choose from, spanning 1-bedroom, 2-bedroom, 3-bedroom, 5-bedroom, studio layouts. Rent ranges from $3,606 – $14,785. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

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Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

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