$2,998,000
$202K PRICE DROP

Estimated payment $18,872/month

Total Views 5,740
3 Beds
3 Baths
1,740 Sq Ft
$1,723 Price per Sq Ft

Highlights

  • Doorman
  • Beach Access
  • Fitness Center
  • Ocean Front
  • Private Beach Pavilion
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

Experience unparalleled oceanfront living in this exquisitely redesigned residence by the award-winning NMR Design Group, where breathtaking ocean views greet you from every room. This stunning home features brand-new flooring and a sleek, contemporary kitchen with a quartzite waterfall island, all set in the heart of Miami Beach—a location with the highest walkability score. The spacious covered terrace acts as an outdoor living space, offering unobstructed views of the ocean and beach, perfect for relaxation or entertaining. Located in the boutique, award-winning Michael Graves Condo, this residence offers an array of upscale amenities, including private beach services, a barbecue area, a social room, climate-controlled bike and storage rooms, and a dedicated professional staff.

Listing Agent

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 01/02/2025

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,202

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • North Facing Home

Parking

  • 1 Car Attached Garage
  • Electric Vehicle Home Charger
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,740 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room
  • Dryer
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

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

Location

  • East of U.S. Route 1

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-118-0280

Community Details

Overview

  • Property has a Home Owners Association
  • 114 Units
  • High-Rise Condominium
  • The Michael Graves Condos
  • 1500 Ocean Drive Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Kitchen
  • Business Center
  • Bike Room
  • Community Storage Space

Recreation

  • Private Beach Pavilion
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Dogs Allowed

Building Details

  • Maintenance Expense $3,109

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$27,202

Year Built

Built in 1998

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, Attended,Beach,Beach Access
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1500 OCEAN DRIVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Split Bedroom, Recreation Room, Storage
  • Accessibility Features: Accessible
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Furniture For Sale
  • Living Area: 1740
  • Stories: 15
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Recreation Room, Storage Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View
  • Exterior Features: East Of Us1, Barbeque, Courtyard, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: The Michael Graves
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Covered, Electric Vehicle Charging Station(s), Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Complex Fenced, Doorman, TV Camera

Condo/Co-op/Association

  • Amenities: Barbecue, Bike Storage, Business Center, Exercise Room, Exterior Lighting, Storage, Heated Pool, Kitchen Facilities, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-118-0280

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 3109
  • Number Of Units In Community: 114
  • Number Of Units Total: 114

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 27202

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $2,998,000 -6.3% $1,723 / Sq Ft
01/02/2025 01/02/25 For Sale $3,200,000 0.0% $1,839 / Sq Ft
11/29/2024 11/29/24 Off Market $12,000 -- --
10/16/2024 10/16/24 Price Changed $12,000 -40.0% $7 / Sq Ft
10/03/2024 10/03/24 For Rent $20,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,600,000 Akerman Llp
Warranty Deed $860,000 --
Warranty Deed $719,000 --
Warranty Deed $570,000 --
Deed $435,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,360,000 New Conventional
Previous Owner $456,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11716291

MIAMI REALTORS® MLS

APN: 02-3234-118-0280