Estimated payment $15,404/month
Highlights
- Valet Parking
- Property has ocean access
- Fitness Center
- Ocean View
- Private Beach Pavilion
- 1-minute walk to Miami Beach Ocean Walk
About This Home
Discover the charm and warmth of this iconic oceanfront boutique condo, perfectly situated in the heart of the largest historic Art Deco district in America. This incredible penthouse apartment features 2 bedrooms, 2 bathrooms, and 2 designated parking spaces. Luxuriously appointed with marble floors and bathrooms, a custom kitchen, designer closets, and bespoke lighting, every detail is thoughtfully curated. The award-winning Michael Graves Condo offers unparalleled luxury amenities, including a private beach with chaise lounges, cabanas, towel service, and attentive staff. Additional features include a state-of-the-art gym, steam bath, sauna, massage room, a stunning mother-of-pearl lap pool with a jacuzzi, BBQ areas, pool table, card tables, air-conditioned storage, and communal bikes.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $26,427
Year Built
- Built in 1998
Lot Details
- Waterfront
- Northeast Facing Home
- Fenced
Parking
- 2 Car Attached Garage
- Attached Carport
Home Design
- Penthouse
- Entry on the 13th floor
Interior Spaces
- 1,530 Sq Ft Home
- Furnished
- Built-In Features
- Blinds
- Combination Dining and Living Room
- Den
- Marble Flooring
- Video Cameras
Kitchen
- Self-Cleaning Oven
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- 2 Full Bathrooms
- Bidet
- Dual Sinks
- Bathtub
- Shower Only
Laundry
- Dryer
- Washer
Outdoor Features
- Property has ocean access
- Outdoor Grill
Schools
- Nautilus Middle School
- Miami Beach High School
Additional Features
- East of U.S. Route 1
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-34-118-0530
Community Details
Overview
- Property has a Home Owners Association
- 113 Units
- 1500 Ocean Drive Condo
- 1500 Ocean Drive Condo Subdivision
- Car Wash Area
- 15-Story Property
Amenities
- Valet Parking
- Community Barbecue Grill
- Sauna
- Trash Chute
- Community Kitchen
- Billiard Room
- Business Center
- Bike Room
- Community Storage Space
Recreation
- Private Beach Pavilion
- Heated Community Pool
- Community Spa
- Bike Trail
Pet Policy
- Pets Allowed
Building Details
- Maintenance Expense $2,702
Security
- Card or Code Access
- Walled
- Clear Impact Glass
- High Impact Door
- Fire and Smoke Detector
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 | $27,245 | $1,466,872 | -- | -- |
| 2024 | $24,909 | $1,440,674 | -- | -- |
| 2023 | $24,909 | $1,309,704 | $0 | $0 |
| 2022 | $22,371 | $1,190,640 | $0 | $0 |
| 2021 | $20,899 | $1,082,400 | $0 | $0 |
| 2020 | $22,777 | $1,176,500 | $0 | $0 |
| 2019 | $23,991 | $1,278,800 | $0 | $0 |
| 2018 | $23,781 | $1,305,702 | $0 | $0 |
| 2017 | $24,858 | $1,346,155 | $0 | $0 |
| 2016 | $26,148 | $1,346,155 | $0 | $0 |
| 2015 | $24,034 | $1,192,246 | $0 | $0 |
| 2014 | $22,021 | $1,083,860 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2025 04/19/25 | For Rent | $10,000 | -16.7% | -- |
| 02/01/2025 02/01/25 | Rented | $12,000 | 0.0% | -- |
| 01/02/2025 01/02/25 | Under Contract | -- | -- | -- |
| 01/01/2025 01/01/25 | For Rent | $12,000 | 0.0% | -- |
| 12/19/2024 12/19/24 | For Sale | $2,500,000 | -- | $1,634 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,750,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $680,000 | -- | |
| Deed | $500,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $3,000,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $612,000 | Unknown |
Source: MIAMI REALTORS® MLS
MLS Number: A11712245
APN: 02-3234-118-0530
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