$2,100,000
1500 Ocean Drive
Miami Beach, FL 33139
Listing updated: April 3, 2026 at 9:02 AM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage space
Flood zone
About this home
Oceanfront building in South Beach designed by award-winning Michael Graves not only it's on the beach but also located walking distance to hundreds choices of dinning, entertainment, physical activities and countless events throughout a year. You can have perfect day at the beach, pool, jacuzzi, sauna, steam room, gym and massage without leaving residence. Building has complimentary 24/7 valet service and front desk, M-F 9-5 on site management and maintenance. Condo has been occupied annually for few month a year for vacation and in like new condition. **The info in MLS is thought to be correct but not guaranteed**
Local Insight
At $1,373/sqft on Ocean Drive, you're paying a premium for the waterfront location and direct ocean views, but that $2,694 monthly HOA is substantial—make sure it covers everything you need, since it's eating into your overall carrying costs significantly. The 1998 build date means you'll want a thorough inspection of the building's structural integrity and how well it's been maintained, especially given Miami Beach's saltwater corrosion issues and the property's direct oceanfront exposure.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history548 days on market
- Status: ActiveOct 2, 2024
- Listed$2,100,000Oct 2, 2024
- Price increased$2,100,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 548
- Subdivision
- 1500 Ocean Drive Condo
- County
- Miami-Dade
- Year built
- 1998
- Living area
- 1,530 sq ft
- Price/sq ft
- $1,373
- Building area
- 1,740 sq ft (Public Records)
- Lot size
- 1 sq ft
- Lot category
- Non-Applicable
- Flood zone
- z
- Garage
- 1 spaces
- Annual taxes
- $23,938 (2023)
- Parcel #
- 02-3234-118-0490
- Zoning
- 6501
- MLS #
- V4938811
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Terrazzo
- Appliances
- Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Interior features
- Crown Molding, Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 1
- Attached garage
- Yes
HOA & Financial
- HOA fee
- $2,694 / Monthly
- Monthly HOA
- $2,694/mo
- Total monthly fees
- $2,694/mo
- Total annual fees
- $32,327
- HOA name
- Rami
- CDD
- No
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- no
- Approval process
- no
Exterior & Construction
- Exterior features
- Balcony
- Construction materials
- Concrete
- Roof
- Concrete
- Foundation
- Slab
- Waterfront
- Yes
- Water view
- Yes
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Available, Public
Community
- Pets allowed
- Cats OK, Dogs OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bathroom | First | |
| Living Room | First | |
| Kitchen | First | |
| Primary Bedroom | First |
Listing Details
- Listing date
- 2024-10-01
- On market date
- 2024-10-02
- Original list price
- $2,100,000
- Occupant type
- Vacant
- MLS area
- 33139 - Miami Beach
- Listing AOR
- Orlando Regional
- Status changed
- 2024-10-02
- Tax legal description
- 1500 OCEAN DRIVE CONDO UNIT 905 UNDIV 0.8296% INT IN COMMON ELEMENTS OFF REC 18368-1130 OR 18534-3467 0399 1
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
from Collins Ave make turn on 15th St go all the way to the end building will be on your left. Use GPS
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 3, 2026 at 9:02 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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