NOT LISTED FOR SALE

Estimated Value: $2,601,000 - $2,968,000

3 Beds
3 Baths
1,740 Sq Ft
1998 Built

Sale Details

Date Sold: February 24, 2022

Last sale price $1,600,000 $920 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $17,855 / mo

Highlights

  • Valet Parking
  • Beach Access
  • Spa
  • Ocean Front
  • Fitness Center
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

As of August 2025

OCEAN VIEWS FROM EVERY ROOM FROM THIS BRAND NEW SPACIOUS 3 BED + 3 FULL BATH. The residence has gone thru a complete transformation by award winner NMR Design Group of Miami. Brand new ceramic floors, 3 new gorgeous bathrooms, brand new kitchen with waterfall quartzite counter tops, huge walk in master closet and large covered terrace with ocean views. Located at the oceanfront boutique award winner Michael Graves Condo, in the heart of it all....WALK EVERYWHERE. Luxury amenities including private beach services, Peloton Bike, amazing garden with barbecue area, social room, communal bikes and a full professional staff delivering service in a friendly and relax atmosphere. HAPPINESS IS WAKING UP TO OCEAN VIEWS. MAKE EACH DAY A BEACH DAY A LA MICHAEL GRAVES STYLE!

Last Agent to Rent the Property

Ines Flax

One Sotheby's International Realty License #0687724 Listed on: 03/13/2024

One Sotheby's International Realty

Co-Listed By

Leady Luna

One Sotheby's International Realty License #3539037

Last Renter's Agent

Shayna Hanson

One Sotheby's International Realty License #3077203

One Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • North Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 10th floor
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,740 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Storage Room
  • Dryer
  • Ceramic Tile Flooring
  • Ocean Views
  • Door Monitored By TV

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Accessible Home Design

  • Handicap Accessible

Pool

  • Spa
  • Above Ground Pool

Outdoor Features

  • Beach Access
  • Attended Boat Services
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 12/1/24
  • Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-34-118-0280

Community Details

Overview

  • No Home Owners Association
  • 1500 Ocean Drive Condo
  • 1500 Ocean Drive Condo Subdivision
  • Property has 1 Level

Amenities

  • Valet Parking
  • Full Time Lobby Attendant
  • Sauna
  • Community Kitchen
  • Billiard Room
  • Community Center

Recreation

  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Card or Code Access
  • Walled
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Year Built

Built in 1998

Lot Details

0 Sq Ft Lot

Parking

1

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-12-01
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, Attended,Beach,Beach Access
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 15
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 1500 OCEAN DRIVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • LastStatus: Terminated
  • CurrentPrice: 20000
  • InternetRemarks: OCEAN VIEWS FROM EVERY ROOM FROM THIS BRAND NEW SPACIOUS 2 BED CONVERTABLE 3 BED + 3 FULL BATH.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 15

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Fire Sprinklers, Split Bedroom, Walk-In Closet(s), Storage
  • Spa Yn: Yes
  • Accessibility Features: Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 1740
  • Stories: 15
  • Window Features: Complete Impact Glass, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Storage Room

Exterior Features

  • Roof: Concrete
  • View: Ocean
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Porch/Balcony, Open Balcony
  • Pool Features: Above Ground, Hot Tub
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 1500 OCEAN DRIVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Covered, Valet

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Key Card Entry, Lobby Attended, Security Patrol, TV Monitor, Walled

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Exercise Room, Kitchen Facilities, Pool Table, Sauna, Spa/Hot Tub
  • Association: No
  • Community Features: Recreation Facilities

Lot Info

  • Parcel Number: 02-32-34-118-0280
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Mar 2, 2022
Sold by
Scott Andrew C
Bought by
1500 Ocean Drive Llc
Seller's Agent
Ines Flax
One Sotheby's International Realty
Buyer's Agent
Ines Flax
One Sotheby's International Realty
List Price
$1,875,000
Sold Price
$1,600,000
Premium/Discount to List
-$275,000
-14.67%
Current Estimated Value
$2,851,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,251,769
Avg. Annual Appreciation
15.18%
Original Mortgage
$1,360,000
Outstanding Balance
$1,250,076
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,601,693

Purchase Details

Closed on
Mar 31, 2004
Sold by
Pearson Clive J and Pearson Cindy P
Bought by
Scott Andrew C

Purchase Details

Closed on
Nov 14, 2001
Sold by
Stephen Watson I
Bought by
Pearson Clive J and Pearson Cindy P

Purchase Details

Closed on
Jun 28, 1999
Sold by
Caitlin International Ltd
Bought by
Watson Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1999
Sold by
Jefferson Plaza Ltd
Bought by
Caitlin Internatoinal Ltd
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1500 Ocean Drive Llc $1,600,000 Akerman Llp
Scott Andrew C $860,000 --
Pearson Clive J $719,000 --
Watson Stephen $570,000 --
Caitlin Internatoinal Ltd $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1500 Ocean Drive Llc $1,360,000
Previous Owner Caitlin Internatoinal Ltd $456,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2025 12/23/25 Off Market $15,000 -- --
10/13/2025 10/13/25 Under Contract -- -- --
08/16/2025 08/16/25 Rented $5,000 -66.7% --
12/23/2024 12/23/24 Price Changed $15,000 -25.0% $9 / Sq Ft
10/01/2024 10/01/24 Price Changed $20,000 +33.3% $11 / Sq Ft
03/13/2024 03/13/24 For Rent $15,000 -25.0% --
11/01/2023 11/01/23 Rented $20,000 0.0% --
12/23/2022 12/23/22 Price Changed $20,000 +33.3% $11 / Sq Ft
12/23/2022 12/23/22 For Rent $15,000 0.0% --
02/24/2022 02/24/22 Sold $1,600,000 -8.6% $920 / Sq Ft View Prior Sale
02/22/2022 02/22/22 Pending -- -- --
08/25/2021 08/25/21 Price Changed $1,750,000 -6.7% $1,006 / Sq Ft
02/23/2021 02/23/21 For Sale $1,875,000 -- $1,078 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,967 $1,713,789 -- --
2024 $29,441 $1,576,686 -- --
2023 $29,441 $1,433,351 $0 $0
2022 $26,137 $1,391,060 $0 $0
2021 $24,417 $1,264,600 $0 $0
2020 $27,202 $1,405,100 $0 $0
2019 $29,597 $1,527,300 $0 $0
2018 $30,006 $1,618,783 $0 $0
2017 $28,659 $1,438,917 $0 $0
2016 $31,040 $1,575,553 $0 $0
2015 $29,329 $1,432,321 $0 $0
2014 $26,870 $1,302,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11550099

MIAMI REALTORS® MLS

APN: 02-3234-118-0280

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