NOT LISTED FOR SALE

1500 Ocean Dr, Unit 801/2 Miami Beach, FL 33139

Miami Beach Boardwalk Neighborhood

Estimated Value: $4,081,000 - $8,053,000

5 Beds
5.5 Baths
4,640 Sq Ft
$5,116/mo HOA Fee

Last Sold September 06, 2016

Last sale price $6,250,000 $1,347 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $46,644/month

356 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Sauna
  • Private Beach Pavilion
  • Wood Flooring
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

As of September 2016

DIRECT OCEAN, Most desirable 5BR/5.5BA residence practically on the sand at the Michael Graves Masterpiece, a boutique oceanfront condo with luxurious amenities. Come enjoy warm and charm beyond belief, feels like home. Exquisite terrazzo floors, open floor plan with 180 degree of stunning beach/ocean views. WALK EVERYWHERE in the heart of historical South Beach! Make each day a beach day.

Last Agent to Sell the Property

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 08/17/2015

One Sotheby's International Re

Last Buyer's Agent

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 08/17/2015

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $65,599

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $5,116 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,640 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-118-0050

Community Details

Overview

  • 1500 Ocean Dr Condos
  • 15-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Kitchen
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Private Beach Pavilion
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$65,599

Year Built

Built in 1998

Lot Details

0

HOA Fees

$5,116 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Bar, Walk-In Closet(s)
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 4640
  • Possible Use: Primary
  • Stories: 15
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 1500 Ocean Dr
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces, Assigned, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Secured Garage/Parking, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5116
  • Amenities: Bike Storage, Billiard Room, Barbecue, Business Center, Community Room, Exercise Room, Storage, Heated Pool, Kitchen Facilities, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-118-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 5116

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 65599

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Sep 2, 2016
Sold by
Lander Maria Mrotek and Lander Llyod J
Bought by
Lepage Albert R
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Ines Flax
One Sotheby's International Re
List Price
$3,800,000
Sold Price
$6,250,000
Premium/Discount to List
$2,450,000
64.47%
Current Estimated Value
$6,435,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,509
Avg. Annual Appreciation
0.57%

Purchase Details

Closed on
Oct 1, 2006
Sold by
Blount Joseph W
Bought by
Lander Lloyd J and Lander Maria Mrotek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2004
Sold by
Blount Joseph
Bought by
Blount Joseph W

Purchase Details

Closed on
Feb 15, 2001
Sold by
Haindel Christian J
Bought by
Blount Joseph

Purchase Details

Closed on
Apr 1, 1999
Sold by
Jefferson Plaza Ltd
Bought by
Haindel Christian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,700
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1999
Sold by
Jefferson Plaza Ltd
Bought by
Haindel Christian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,700
Interest Rate
6.82%
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
Lepage Albert R $6,250,000 Title Answers A Law Firm Pll
Lander Lloyd J $4,000,000 Attorney
Blount Joseph W -- --
Blount Joseph $3,150,000 --
Haindel Christian J $901,000 --
Haindel Christian J $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lander Lloyd J $3,250,000
Previous Owner Lander Lloyd J $3,000,000
Previous Owner Haindel Christian J $630,700
Previous Owner Haindel Christian J $581,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2016 09/06/16 Sold $6,250,000 0.0% $1,347 / Sq Ft
02/08/2016 02/08/16 Off Market $6,250,000 -- --
08/17/2015 08/17/15 For Sale $3,800,000 -- $819 / 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 $80,823 $4,468,204 -- --
2024 $78,887 $4,342,278 -- --
2023 $78,887 $4,215,804 $0 $0
2022 $76,130 $4,093,014 $0 $0
2021 $75,936 $3,973,800 $0 $0
2020 $84,689 $4,415,300 $0 $0
2019 $89,028 $4,634,917 $0 $0
2018 $94,994 $5,051,743 $0 $0
2017 $96,200 $5,051,743 $0 $0
2016 $64,767 $3,374,906 $0 $0
2015 $65,600 $3,351,446 $0 $0
2014 $66,735 $3,324,848 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ines Flax

    Seller's Agent in 2016

    Ines Flax

    One Sotheby's International Re

    (786) 218-7600

    22 in this area

    60 Total Sales

    Ines Flax
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About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2161181

MIAMI REALTORS® MLS

APN: 02-3234-118-0050

Florida Miami/Dade County Miami Beach 33139 Miami Beach Boardwalk

1500 Ocean Dr Unit 801/2, Miami Beach, FL

This home is located at 1500 Ocean Dr Unit 801/2, Miami Beach, FL 33139 since 17 August 2015 and is currently estimated at $6,435,509, approximately $1,386 per square foot. This property was built in 1998. 1500 Ocean Dr Unit 801/2 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

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.

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