$1,425,000

1500 Ocean Dr, Unit 507 Floor 5 Miami Beach, FL 33139

Miami Beach Boardwalk Neighborhood

Estimated payment $11,273/month

2 Beds
2 Baths
1,170 Sq Ft
$1,218 Price per Sq Ft

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

Carolina Lara-arashiro

One Sotheby's International Realty License #3239403 Listed on: 05/14/2026

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,089

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
  • Primary Bathroom includes a Walk-In Shower

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

Recreation

  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,089

Year Built

Built in 1998

Lot Details

0 Sq Ft Lot

HOA Fees

$2,082 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Phone: 954-522-2831
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1500 OCEAN DRIVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 1425000
  • InternetRemarks: Spacious NW corner residence located at 1500 Ocean Drive, right on the sand in one of the most prestigious locations in South Beach
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1170
  • Stories: 15
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Family/Dining Combination
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Other, Stucco
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 2082
  • Amenities: Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-118-0670

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 19089

Multi Family

  • Number Of Units In Community: 113
  • Number Of Units Total: 113

Map

About This Building

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2026 05/14/26 For Sale $1,425,000 -- $1,218 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $698,750 New Conventional
Previous Owner $280,000 Unknown
Previous Owner $232,000 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A12018993

MIAMI REALTORS® MLS

APN: 02-3234-118-0670

Florida Miami/Dade County Miami Beach 33139 Miami Beach Boardwalk

1500 Ocean Dr Unit 507, Miami Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Carolina Lara-arashiro
Listing Agent
Carolina Lara-arashiro
Section Image
One Sotheby's International Realty
(305) 922-0903
Your Personal Tour Guide

Ask me questions while you tour the home.