NOT LISTED FOR SALE

Estimated Value: $797,035 - $935,000

1 Bed
2 Baths
940 Sq Ft
1998 Built

Last Sold April 15, 2013

Last sale price $746,500 $794 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,752/month

Highlights

  • Property Fronts a Bay or Harbor
  • Furnished
  • 1 Car Garage
  • Above Ground Pool
  • No HOA
  • 1-minute walk to Miami Beach Ocean Walk

About This Home

As of December 2023

Clean best describes this spacious one-bedroom at the award-winning Michael Graves condo with Marble floors throughout, top of the line appliances including a full-size washer/dryer. Full luxurious amenities including private beach services and attentive staff. Social functions, barbecue area on the back yard, complimentary valet parking for your guests. In the center of all, walk everywhere!! No need to ever drive. Come be a part of a wonderful and warm oceanfront community. Make each day a beach day!

Last Agent to Rent the Property

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 10/01/2023

One Sotheby's International Re

Last Renter's Agent

Ines Flax

One Sotheby's International Re License #0687724 Listed on: 10/01/2023

One Sotheby's International Re

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,379

Year Built

  • Built in 1998

Lot Details

  • Property Fronts a Bay or Harbor
  • South Facing Home

Parking

  • 1 Car Garage

Interior Spaces

  • 940 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Pool

  • Above Ground Pool

Listing and Financial Details

  • Property Available on 10/1/23
  • Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-34-118-1080

Community Details

Overview

  • No Home Owners Association
  • 1500 Ocean Drive Condo
  • 1500 Ocean Drive Condo Subdivision

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,379

Year Built

Built in 1998

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2023-10-01
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 1500 OCEAN DRIVE CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Furnished: Furnished
  • Living Area: 940
  • Bedroom Features: None

Exterior Features

  • Direction Faces: South
  • Pool Features: Above Ground
  • Pool Private: No
  • View: No
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 1500 OCEAN DRIVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-118-1080
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2013
Closed on
Apr 12, 2013
Sold by
Lewis Michael V and Buchanan Dorian
Bought by
Goodman Ray and Goodman Natharorn
Seller's Agent
David W. Pulley P.A.
The Agency Florida LLC
Buyer's Agent
Marjory Dressler
Gary Hennes Realtors
List Price
$789,000
Sold Price
$746,500
Premium/Discount to List
-$42,500
-5.39%
Current Estimated Value
$873,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,509
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
Jun 9, 2006
Sold by
Cione Frank J
Bought by
Lewis Michael V and Buchanan Dorian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2004
Sold by
Mcgregor Jeffrey L and Mcgregor Rose Ann
Bought by
Cione Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2002
Sold by
Headington Realty/Capital Lp C
Bought by
Mcgregor Jeffrey L and Mcgregor Rose-Ann

Purchase Details

Closed on
May 24, 2000
Sold by
Angel and Gracia G
Bought by
Headington Realty & Capital Lp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Goodman Ray $746,500 Attorney
Lewis Michael V $775,000 Attorney
Cione Frank J $501,000 --
Mcgregor Jeffrey L $455,000 --
Headington Realty & Capital Lp $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Michael $417,000
Previous Owner Lewis Michael V $581,250
Previous Owner Cione Frank J $251,000
Previous Owner Mcgregor Jeffrey L $307,919
Previous Owner Headington Realty & Capital Lp $328,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Rented $7,000 0.0% --
11/28/2023 11/28/23 Under Contract -- -- --
10/01/2023 10/01/23 For Rent $7,000 +40.0% --
05/01/2023 05/01/23 Rented $5,000 -9.1% --
04/24/2023 04/24/23 For Rent $5,500 0.0% --
03/30/2023 03/30/23 Under Contract -- -- --
03/17/2023 03/17/23 For Rent $5,500 -21.4% --
12/01/2022 12/01/22 Rented $7,000 0.0% --
12/01/2022 12/01/22 For Rent $7,000 +75.0% --
03/17/2021 03/17/21 Rented $4,000 0.0% --
02/16/2021 02/16/21 Under Contract -- -- --
01/25/2021 01/25/21 For Rent $4,000 -27.3% --
12/01/2019 12/01/19 Rented $5,500 +37.5% --
12/01/2019 12/01/19 For Rent $4,000 +25.0% --
03/14/2019 03/14/19 Rented $3,200 -20.0% --
03/01/2019 03/01/19 Under Contract -- -- --
12/30/2017 12/30/17 For Rent $4,000 0.0% --
04/15/2013 04/15/13 Sold $746,500 -5.4% $794 / Sq Ft
02/15/2013 02/15/13 For Sale $789,000 -- $839 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
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 $12,379 $651,698 -- --
2024 $12,169 $687,116 -- --
2023 $12,169 $624,651 $0 $0
2022 $12,100 $643,965 $0 $0
2021 $11,514 $586,630 $0 $0
2020 $10,325 $533,300 $0 $0
2019 $11,234 $579,700 $0 $0
2018 $10,901 $579,703 $0 $0
2017 $11,620 $610,214 $0 $0
2016 $13,624 $701,395 $0 $0
2015 $12,867 $649,440 $0 $0
2014 $12,566 $618,510 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11506680

MIAMI REALTORS® MLS

APN: 02-3234-118-1080