NOT LISTED FOR SALE

1500 Ocean Dr, Unit 908 Miami Beach, FL 33139

Miami Beach Boardwalk Neighborhood

Estimated Value: $1,300,052 - $2,792,000

2 Beds
2 Baths
1,170 Sq Ft
$1,223/mo HOA Fee

Last Sold September 16, 2015

Last sale price $1,640,000 $1,402 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,513/month

18 Days on Market

Highlights

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

About This Home

As of September 2015

Most desirable corner residence with spectacular views of Direct Ocean, Ocean Drive & City. Beautifully designed/executed by Michael Graves x Michael Graves, world renowned architect/designer/artist. The residence offers limestone floors throughout and cu stom everything from shades to lighting to bathroom and kitchen. Truly one of a kind! This boutique and charming oceanfront condo, Pet and People friendly, offering full luxurious amenities from private beach services and lounges to concierge & More!

Last Agent to Sell the Property

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 05/15/2015

One Sotheby's International Re

Last Buyer's Agent

David W. Pulley P.A.

The Agency Florida LLC License #3210619

The Agency Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,439

Year Built

  • Built in 1998

Lot Details

  • Ocean Front
  • Southwest Facing Home

HOA Fees

  • $1,223 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,170 Sq Ft Home
  • Built-In Features
  • French Doors
  • Marble Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Handicap Modified
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-118-0820

Community Details

Overview

  • 112 Units
  • 1500 Ocean Dr Condo
  • 15-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • 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

  • Secure Elevator
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,439

Year Built

Built in 1998

Lot Details

0

HOA Fees

$1,223 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 9
  • 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, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers, French Doors, Handicap Equipped, Walk-In Closet(s)
  • Accessibility Features: Handicap Equipped
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors, French Doors
  • Flooring: Marble
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1170
  • Possible Use: Secondary
  • Stories: 15
  • Bedroom Features: Primary Bedroom Ground Level

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 1500 OCEAN DR CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1223
  • Amenities: Bike Storage, Billiard Room, Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Storage, Heated Pool, Pool, 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: 02-32-34-118-0820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 1223
  • Number Of Units In Community: 112
  • Number Of Units Total: 112

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 20439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Sep 9, 2015
Sold by
1500 South Beach Llc
Bought by
1500 Oceano Llc
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
David W. Pulley P.A.
The Agency Florida LLC
List Price
$1,675,000
Sold Price
$1,640,000
Premium/Discount to List
-$35,000
-2.09%
Current Estimated Value
$1,772,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,513
Avg. Annual Appreciation
1.39%

Purchase Details

Listed on
Jan 3, 2014
Closed on
Sep 5, 2014
Sold by
Adamo David
Bought by
1500 South Beach Llc
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Liana Miftakhova
New Perspective Realty
Sold Price
$7,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Jul 21, 2013
Closed on
Aug 1, 2013
Sold by
Hoban William E
Bought by
Adamo David
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Ines Flax
One Sotheby's International Re
List Price
$1,495,000
Sold Price
$1,217,500
Premium/Discount to List
-$277,500
-18.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.89%
Original Mortgage
$850,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 26, 2012
Sold by
Graves Michael
Bought by
Hoban William E
Seller's Agent
Ines Flax
One Sotheby's International Re
Buyer's Agent
Ines Flax
One Sotheby's International Re
List Price
$1,300,000
Sold Price
$1,146,000
Premium/Discount to List
-$154,000
-11.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1999
Sold by
Jefferson Plaza Ltd
Bought by
Graves Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
7%
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
1500 Oceano Llc $1,640,000 Attorney
1500 South Beach Llc $1,450,000 Attorney
Adamo David $1,217,500 Attorney
Hoban William E $1,146,600 Attorney
Graves Michael $276,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1500 South Beach Llc $1,000,000
Previous Owner Adamo David $850,000
Previous Owner Hoban William E $417,000
Previous Owner Graves Michael E $481,000
Previous Owner Graves Michael E $481,000
Previous Owner Graves Michael $484,000
Previous Owner Graves Michael $221,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2015 09/16/15 Sold $1,640,000 -2.1% $1,402 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $1,675,000 0.0% $1,432 / Sq Ft
09/16/2014 09/16/14 Rented $7,000 0.0% --
09/10/2014 09/10/14 Sold $1,450,000 0.0% $1,239 / Sq Ft
08/17/2014 08/17/14 Under Contract -- -- --
01/03/2014 01/03/14 For Rent $6,500 0.0% --
11/27/2013 11/27/13 For Sale $1,545,000 0.0% $1,321 / Sq Ft
11/01/2013 11/01/13 Rented $7,500 0.0% --
10/02/2013 10/02/13 Under Contract -- -- --
10/01/2013 10/01/13 For Rent $7,500 0.0% --
09/05/2013 09/05/13 Sold $1,217,500 -18.6% $1,041 / Sq Ft
08/11/2013 08/11/13 Pending -- -- --
07/21/2013 07/21/13 For Sale $1,495,000 +30.5% $1,278 / Sq Ft
12/11/2012 12/11/12 Sold $1,146,000 -11.8% $979 / Sq Ft
11/15/2012 11/15/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $1,300,000 -- $1,111 / 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 $20,489 $1,090,320 -- --
2024 $18,730 $1,090,320 -- --
2023 $18,730 $991,200 $0 $0
2022 $18,624 $991,200 $0 $0
2021 $18,227 $944,000 $0 $0
2020 $18,275 $944,000 $0 $0
2019 $19,884 $1,026,100 $0 $0
2018 $20,311 $1,080,151 $0 $0
2017 $21,652 $1,137,001 $0 $0
2016 $24,270 $1,249,452 $0 $0
2015 $22,921 $1,156,900 $0 $0
2014 $20,439 $1,006,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ines Flax

    Seller's Agent in 2015

    Ines Flax

    One Sotheby's International Re

    (786) 218-7600

    22 in this area

    60 Total Sales

    Ines Flax
    Section Image

  • D

    Buyer's Agent in 2015

    David W. Pulley P.A.

    The Agency Florida LLC

    (305) 695-1112

    2 in this area

    26 Total Sales

    David W. Pulley P.A.
    Section Image
  • Patty Marun

    Seller Co-Listing Agent in 2014

    Patty Marun

    Suma Luxury Realty

    (305) 767-5220

    10 in this area

    23 Total Sales

    Patty Marun
    Section Image

  • L

    Buyer's Agent in 2014

    Liana Miftakhova

    New Perspective Realty

    (305) 438-7777

    46 Total Sales

    Liana Miftakhova
    Section Image
  • Stephanie Bienstock

    Seller Co-Listing Agent in 2013

    Stephanie Bienstock

    Blackbook Properties

    (786) 301-5218

    2 in this area

    34 Total Sales

    Stephanie Bienstock
    Section Image

  • C

    Buyer's Agent in 2013

    Chris Pagano

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

About This Building

Map

Source: MIAMI REALTORS® MLS

MLS Number: A2117337

MIAMI REALTORS® MLS

APN: 02-3234-118-0820

Florida Miami/Dade County Miami Beach 33139 Miami Beach Boardwalk

1500 Ocean Dr Unit 908, Miami Beach, FL

This home is located at 1500 Ocean Dr Unit 908, Miami Beach, FL 33139 since 15 May 2015 and is currently estimated at $1,772,513, approximately $1,514 per square foot. This property was built in 1998. 1500 Ocean Dr Unit 908 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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