1500 Ocean Dr, Unit 507 Floor 5 Miami Beach, FL 33139
Miami Beach Boardwalk NeighborhoodEstimated payment $12,078/month
Highlights
- Doorman
- Property has ocean access
- Waterfront
- Ocean View
- Fitness Center
- 1-minute walk to Miami Beach Ocean Walk
About This Home
Located in Ocean Drive's beloved Art Deco building - 1500 Ocean Drive. This spacious NW corner unit features 1 bedroom (2nd bedroom was opened into a larger living area), 2 bathrooms, W/D, beautiful marble floors, open kitchen with Italian cabinets, top of the line appliances, custom closets, lighting & electric shades. Amenities and Services include: Private Beach lounge service, state-of-the-art gym with Peloton bike, new Mother of Pearl pool & hot tub, social events & fitness program in season, climate-controlled storage plus 24 hr security and valet.
Listing Agent
One Sotheby's International Realty License #3239403 Listed on: 09/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,677
Year Built
- Built in 1998
Lot Details
- Waterfront
- End Unit
HOA Fees
- $2,082 Monthly HOA Fees
Parking
- 1 Car Garage
- Secured Garage or Parking
- Guest Parking
Home Design
- Entry on the 5th floor
- Stucco Exterior
Interior Spaces
- 1,170 Sq Ft Home
- Built-In Features
- Family or Dining Combination
- Tile Flooring
- Ocean Views
Kitchen
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Shower Only
Laundry
- Dryer
- Washer
Outdoor Features
- Property has ocean access
Location
- East of U.S. Route 1
Schools
- Nautilus Middle School
- Miami Beach High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 02-32-34-118-0670
Community Details
Overview
- 113 Units
- 1500 Ocean Drive Condo
- 1500 Ocean Drive Condo Subdivision
- 15-Story Property
Amenities
- Doorman
- Valet Parking
- Clubhouse
- Billiard Room
- Lobby
Recreation
- Community Spa
Pet Policy
- Breed Restrictions
Security
- Secure Elevator
Map
About This Building
Home Values in the Area
Average Home Value in this Area
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 | $19,677 | $1,047,123 | -- | -- |
| 2024 | $17,988 | $1,047,123 | -- | -- |
| 2023 | $17,988 | $951,930 | $0 | $0 |
| 2022 | $17,886 | $951,930 | $0 | $0 |
| 2021 | $17,505 | $906,600 | $0 | $0 |
| 2020 | $17,551 | $906,600 | $0 | $0 |
| 2019 | $19,096 | $985,400 | $0 | $0 |
| 2018 | $19,505 | $1,037,288 | $0 | $0 |
| 2017 | $20,793 | $1,091,882 | $0 | $0 |
| 2016 | $21,514 | $1,096,647 | $0 | $0 |
| 2015 | $20,097 | $996,952 | $0 | $0 |
| 2014 | $18,414 | $906,320 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2025 11/09/25 | Price Changed | $1,590,000 | -3.0% | $1,359 / Sq Ft |
| 09/25/2025 09/25/25 | For Sale | $1,640,000 | -- | $1,402 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,075,000 | Attorney | |
| Warranty Deed | $1,525,000 | Attorney | |
| Quit Claim Deed | $95,300 | -- | |
| Warranty Deed | $635,000 | Landmark Title Company Inc | |
| Deed | $585,000 | -- | |
| Warranty Deed | $463,000 | -- | |
| Deed | $290,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $698,750 | New Conventional | |
| Previous Owner | $280,000 | Unknown | |
| Previous Owner | $232,000 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11884734
APN: 02-3234-118-0670
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