For sale

$2,100,000

1500 OCEAN DRIVE #905, MIAMI BEACH, FL 33139

2beds

1,530sqft

$16,216/mo

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Condominium

Built in 1998

-- sqft lot

$-- Zestimate^®

$1,373/sqft

$2,694/mo HOA

What's special

Oceanfront building in South Beach designed by award-winning Michael Graves not only it's on the beach but also located walking distance to hundreds choices of dinning, entertainment, physical activities and countless events throughout a year. You can have perfect day at the beach, pool, jacuzzi, sauna, steam room, gym and massage without leaving residence. Building has complimentary 24/7 valet service and front desk, M-F 9-5 on site management and maintenance. Condo has been occupied annually for few month a year for vacation and in like new condition. **The info in MLS is thought to be correct but not guaranteed**

668 days

124

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Primary bedroom

Features: Walk-In Closet(s)
Level: First

Primary bathroom

Features: Walk-In Closet(s)
Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Electric

Cooling

Central Air

Appliances

Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Laundry: Inside, Laundry Room

Features

Crown Molding, Open Floorplan, Split Bedroom, Walk-In Closet(s)
Flooring: Terrazzo
Has fireplace: No

Interior area

Total structure area: 1,740
Total interior livable area: 1,530 sqft

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Property

Parking

Total spaces: 1
Parking features: Garage - Attached
Attached garage spaces: 1

Features

Levels: One
Stories: 1
Exterior features: Balcony
Has view: Yes
View description: Gulf/Ocean - Partial
Has water view: Yes
Water view: Gulf/Ocean - Partial
Waterfront features: Beach

Lot

Size: 1 Square Feet

Details

Parcel number: 0232341180490
Zoning: 6501
Special conditions: None

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Concrete
Foundation: Slab
Roof: Concrete

Condition

New construction: No
Year built: 1998

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Public

Community & HOA

Community

Features: Fitness Center, Gated Community - Guard, Pool
Pet fee: $0 monthly
Subdivision: 1500 OCEAN DRIVE CONDO

HOA

Has HOA: Yes
Services included: 24-Hour Guard, Cable TV, Pool Maintenance, Sewer, Trash, Water
HOA fee: $2,694 monthly
HOA name: Rami
HOA phone: 305-534-0165

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $1,373/sqft
Tax assessed value: $1,409,683
Annual tax amount: $23,937
Date on market: 10/2/2024
Cumulative days on market: 573 days
Listing terms: Cash,Conventional
Ownership: Condominium
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

$7,849/mo

Price history

Date	Event	Price
10/2/2024	Listed for sale	$2,100,000+20.3%$1,373/sqft
Source: Stellar MLS #V4938811 Report a problem
1/19/2021	Listing removed	--
Source: MIAMI Report a problem
10/16/2019	Price change	$1,745,000-2.8%$1,141/sqft
Source: Blue Waters Realty #A10652910 Report a problem
4/8/2019	Price change	$1,795,000-0.2%$1,173/sqft
Source: Blue Waters Realty #A10652910 Report a problem
9/24/2018	Price change	$1,799,000-2.8%$1,176/sqft
Source: Blue Waters Realty #A10138604 Report a problem
1/15/2018	Listed for sale	$1,850,000+45.1%$1,209/sqft
Source: Blue Waters Realty #A10138604 Report a problem
5/1/2012	Sold	$1,275,000-14.7%$833/sqft
Source: Public Record Report a problem
3/2/2012	Price change	$1,495,000+7.2%$977/sqft
Source: South Beach Investment Realty #M1511715 Report a problem
9/3/2011	Listed for sale	$1,395,000$912/sqft
Source: Beachfront Realty Report a problem
2/17/2011	Listing removed	$1,395,000$912/sqft
Source: SBI Realty #M1396100 Report a problem
10/31/2010	Listed for sale	$1,395,000+3.3%$912/sqft
Source: SBI Realty #M1396100 Report a problem
7/3/2007	Sold	$1,350,000+200%$882/sqft
Source: Public Record Report a problem
3/25/1999	Sold	$450,000+28.9%$294/sqft
Source: Public Record Report a problem
2/19/1999	Sold	$349,000$228/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$26,446 +1%	$1,409,683 +1.8%
2024	$26,183 +9.4%	$1,384,506 +10%
2023	$23,938 +11.3%	$1,258,642 +10%
2022	$21,499 +7%	$1,144,220 +10%
2021	$20,084 -8.2%	$1,040,200 -8%
2020	$21,890 -8.1%	$1,130,700 -8%
2019	$23,816 0%	$1,229,000 -1.9%
2018	$23,827	$1,252,269 +10%
2017	$23,827 +6.8%	$1,138,427 -8%
2016	$22,312 -2.3%	$1,237,830 +10%
2015	$22,847 +9.1%	$1,125,300 +10%
2014	$20,933 +15.5%	$1,023,000 +10%
2013	$18,131 0%	$930,000 +5%
2012	$18,131 -8.9%	$885,710 -3%
2011	$19,894 +8.6%	$912,945 +10%
2010	$18,314 -8.8%	$829,950 -15%
2009	$20,086 +5.1%	$976,410 +3%
2007	$19,118 +33.8%	$947,600
2006	$14,291	--
2005	$14,291 +26.9%	--
2004	$11,263 -21%	--
2003	$14,266 +51.7%	--
2002	$9,405	--
2001	$9,405	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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