NOT LISTED FOR SALE

Estimated Value: $1,438,000 - $1,896,000

2 Beds
2 Baths
1,170 Sq Ft
1998 Built

Highlights

  • Ocean Front
  • Above Ground Pool
  • Marble Flooring
  • Gated with Attendant
  • Clubhouse
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

As of October 2017

High floor SW corner with best views at the charming Michael Graves. Most desirable 08 line. Marble floors and bathrooms. Many high quality custom designed wood build outs throughout. 1500 ocean drive offers 24-hour front desk/valet/security, state-of-the-art fitness center & spa, private beach area & pool services, complimentary wireless internet connections, social room/events and back yard barbecue grill area. Walk to restaurants, clubs, ocean drive, Lincoln road, and more. Centrally located in the historical art deco district.... No need to ever drive!

Last Agent to Rent the Property

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 08/01/2017

One Sotheby's International Re

Last Renter's Agent

Hedilson Vieira

Compass Florida, LLC License #3103123

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,109

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • Southwest Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 12th floor
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • Furnished
  • Built-In Features
  • Combination Dining and Living Room
  • Marble Flooring
  • Washer

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Above Ground Pool
  • Property has ocean access
  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Property Available on 9/1/17
  • Assessor Parcel Number 02-32-34-118-0850

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • 1500 Ocean Drive Condo
  • 1500 Ocean Drive Condo Subdivision
  • The community has rules related to no trucks or trailers
  • 15-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,109

Year Built

Built in 1998

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2017-09-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 12
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Building Stories: 15
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 1500 OCEAN DRIVE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 15

Interior Features

  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Split Bedroom, Walk-In Closet(s)
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 1170
  • Stories: 15
  • Window Features: High Impact Windows
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter

Exterior Features

  • Roof: Concrete
  • View: Ocean
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Lot Features: East Of US 1
  • Patio And Porch Features: Open Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, 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, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Key Card Entry, Building Security, Complex Fenced

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Elevator(s), Guard At Gate, Pool Table, Sauna, Spa/Hot Tub
  • Association: No

Lot Info

  • Parcel Number: 02-32-34-118-0850
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Salameh Ghassan S and Salameh Slawomira M
Bought by
Living Clock Llc
Current Estimated Value
$1,560,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,168,750
Outstanding Balance
$1,065,981
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$494,529

Purchase Details

Closed on
Feb 29, 2008
Sold by
Siegel Jerry and Siegel Francine
Bought by
Salameh Ghassan S and Salameh Slawomira M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$945,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 1999
Sold by
Jefferson Plaza Ltd
Bought by
Siegel Jerry and Siegel Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Living Clock Llc $1,375,000 Attorney
Salameh Ghassan S $1,360,000 Attorney
Siegel Jerry $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Living Clock Llc $1,168,750
Previous Owner Salameh Ghassan S $945,000
Previous Owner Siegel Jerry $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Rented $6,000 0.0% --
10/23/2017 10/23/17 Under Contract -- -- --
08/01/2017 08/01/17 For Rent $6,000 +3.4% --
09/01/2014 09/01/14 Rented $5,800 -10.8% --
08/02/2014 08/02/14 Under Contract -- -- --
04/08/2014 04/08/14 For Rent $6,500 -- --
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 $21,109 $1,123,353 -- --
2024 $19,298 $1,123,353 -- --
2023 $19,298 $1,021,230 $0 $0
2022 $19,188 $1,021,230 $0 $0
2021 $18,779 $972,600 $0 $0
2020 $18,829 $972,600 $0 $0
2019 $20,487 $1,057,200 $0 $0
2018 $20,927 $1,112,866 $0 $0
2017 $21,441 $1,099,469 $0 $0
2016 $21,522 $999,518 $0 $0
2015 $20,159 $908,653 $0 $0
2014 $18,461 $826,049 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10320279

MIAMI REALTORS® MLS

APN: 02-3234-118-0850