NOT LISTED FOR SALE

Estimated Value: $1,865,000 - $2,124,000

2 Beds
2.5 Baths
1,530 Sq Ft
$2,344/mo HOA Fee

Last Sold April 05, 2022

Last sale price $1,800,000 $1,176 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $15,095/month

48 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Sauna
  • Ocean Front
  • Marble Flooring
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

As of April 2022

Beautifully renovated South exposure, Carrera marble flooring and ocean & city views from every room at the award-winning oceanfront boutique Michael Graves. New Mother of Pearl saltwater pool, upgraded amenities including new steam bath, sauna, gym, Peloton Bike and private beach area exclusively for its residents with water & towel service. Other amenities include a barbecue area, social room, air condition bike and storage room and a full professional & friendly staff to serve you! HAPPINESS IS WAKING UP TO VIEWS OF THE OCEAN. MAKE EACH DAY A BEACH DAY A LA MICHAEL GRAVES STYLE!

Last Agent to Sell the Property

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 01/03/2022

One Sotheby's International Re

Last Buyer's Agent

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 01/03/2022

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,705

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $2,344 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,530 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Dome Kitchens
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-118-0620

Community Details

Overview

  • 112 Units
  • High-Rise Condominium
  • 1500 Ocean Drive Condo
  • 1500 Ocean Drive Subdivision, Type C Floorplan
  • 15-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Bike Room
  • Community Storage Space

Recreation

  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

Security

  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,705

Year Built

Built in 1998

Lot Details

0

HOA Fees

$2,344 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 15th Street and the Ocean
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: Type C
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1500 OCEAN DRIVE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Dome Kitchen, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furniture For Sale
  • Living Area: 1530
  • Possible Use: Unknown/Withheld
  • Stories: 15
  • Window Features: Complete Impact Glass, Blinds, Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 2344
  • Amenities: Bike Storage, Billiard Room, Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-118-0620
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 2344
  • Number Of Units In Community: 112
  • Number Of Units Total: 113

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 18705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Mar 31, 2022
Sold by
Kenneth Dallal Real Property Revocable T
Bought by
Topfer Steven and Topfer Geri
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Ines Flax
One Sotheby's International Re
Sold Price
$1,800,000
Current Estimated Value
$1,941,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,898
Avg. Annual Appreciation
2.44%
Original Mortgage
$1,260,000
Outstanding Balance
$1,179,405
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$775,715

Purchase Details

Closed on
May 18, 2016
Sold by
Dallal Kenneth
Bought by
Dallal Kenneth

Purchase Details

Closed on
Apr 27, 2016
Sold by
Dallal Mariana
Bought by
Dallal Kenneth

Purchase Details

Listed on
Jul 22, 2013
Closed on
Oct 23, 2013
Sold by
Yee Kohhann
Bought by
Dallal Kenneth and Dallal Mariana
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Joonok Yang
MMLS Assoc.-Inactive Member
List Price
$1,750,000
Sold Price
$1,650,000
Premium/Discount to List
-$100,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%

Purchase Details

Listed on
Nov 3, 2011
Closed on
Aug 2, 2012
Sold by
Bejarano Basty and Cortazar James
Bought by
Yee Kohhann
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Ines Flax
One Sotheby's International Re
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.48%

Purchase Details

Closed on
Feb 25, 1999
Sold by
Jefferson Plaza Ltd
Bought by
Bejarano Basty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
6.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Topfer Steven $1,800,000 Barry Lind Pa
Topfer Steven $1,800,000 None Listed On Document
Dallal Kenneth -- Attorney
Dallal Kenneth -- Attorney
Dallal Kenneth $1,650,000 Accurate Title Agency Inc
Yee Kohhann $1,000,000 Attorney
Bejarano Basty $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Topfer Steven $1,260,000
Closed Topfer Steven $1,260,000
Previous Owner Dallal Kenneth $700,000
Previous Owner Bejarano Basty $358,000
Previous Owner Bejarano Basty $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $1,800,000 -2.7% $1,176 / Sq Ft
02/22/2022 02/22/22 For Sale -- -- --
02/21/2022 02/21/22 Pending -- -- --
01/03/2022 01/03/22 For Sale $1,850,000 +12.1% $1,209 / Sq Ft
11/01/2013 11/01/13 Sold $1,650,000 0.0% $1,078 / Sq Ft
11/01/2013 11/01/13 Rented $10,000 0.0% --
10/28/2013 10/28/13 Price Changed $1,750,000 -10.3% $1,144 / Sq Ft
10/06/2013 10/06/13 Price Changed $1,950,000 0.0% $1,275 / Sq Ft
10/02/2013 10/02/13 Under Contract -- -- --
07/22/2013 07/22/13 For Sale $1,750,000 0.0% $1,144 / Sq Ft
02/13/2013 02/13/13 For Rent $8,000 0.0% --
08/03/2012 08/03/12 Sold $1,150,000 0.0% $752 / Sq Ft
07/27/2012 07/27/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $1,150,000 -- $752 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $27,022 $1,438,008 -- --
2024 $24,703 $1,438,008 -- --
2023 $24,703 $1,307,280 $0 $0
2022 $19,761 $1,092,933 $0 $0
2021 $19,698 $1,061,100 $0 $0
2020 $20,291 $1,088,888 $0 $0
2019 $19,836 $1,064,407 $0 $0
2018 $18,870 $1,044,561 $0 $0
2017 $18,705 $1,023,077 $0 $0
2016 $18,676 $1,002,035 $0 $0
2015 $18,914 $995,070 $0 $0
2014 $10,612 $562,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11141916

MIAMI REALTORS® MLS

APN: 02-3234-118-0620