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For sale
  • $2,300,000

    1500 Ocean Dr Ph 5, Miami Beach, FL 33139

    2beds
    1,530sqft
    : 
    $14,811/mo
    Get pre-qualified
    Condominium
    Built in 1998
    -- sqft lot
    $-- Zestimate®
    $1,503/sqft
    $-- HOA

    What's special

    Bespoke lightingBbq areasPenthouse apartmentMarble floorsDesigner closetsCustom kitchen
    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.
    114 days
    |
    112
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ines Flax MLS@onesothebysrealty.com,

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11997096MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Den/Library/Office
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Built-in Features, Closet Cabinetry, Pantry, Walk-In Closet(s)
      • Flooring: Marble
      • Doors: High Impact Doors
      • Windows: Clear Impact Glass, Blinds
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,530 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Carport, 2 Or More Spaces, Covered, Valet
      • Attached garage spaces: 2
      • Has carport: Yes
      Accessibility
      • Accessibility features: Accessible
      Features
      • Entry location: First Floor Entry
      • Exterior features: Barbecue, Balcony
      • Spa features: Community
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean Access
      Lot
      • Features: East Of Us1
      Details
      • Parcel number: 0232341180530

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 1998

      Community & HOA

      Community
      • Security: Smoke Detector, Card Entry, TV Camera, Walled
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: 1500 Ocean Drive Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Barbecue, Bike Storage, Bike/Jog Path, Billiard Room, Business Center, Fitness Center, Storage, Pool, Kitchen Facilities, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash, Car Wash Area
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $1,503/sqft
      • Tax assessed value: $1,246,440
      • Annual tax amount: $24,832
      • Date on market: 4/8/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Listing removed$11,000$7/sqft
        Source: Douglas Elliman Report a problem
        5/14/2026Price change$11,000-15.4%$7/sqft
        Source: MIAMI #A11985972 Report a problem
        4/8/2026Listed for sale$2,300,000-8%$1,503/sqft
        Source: MIAMI #A11997096 Report a problem
        3/20/2026Listed for rent$13,000+8.3%$8/sqft
        Source: Douglas Elliman Report a problem
        12/24/2025Listing removed$2,500,000$1,634/sqft
        Source: MIAMI #A11712245 Report a problem
        12/14/2025Listed for sale$2,500,000$1,634/sqft
        Source: MIAMI #A11712245 Report a problem
        11/15/2025Listing removed$2,500,000$1,634/sqft
        Source: MIAMI #A11712245 Report a problem
        11/12/2025Listed for sale$2,500,000$1,634/sqft
        Source: MIAMI #A11712245 Report a problem
        10/15/2025Listing removed$2,500,000$1,634/sqft
        Source: MIAMI #A11712245 Report a problem
        3/27/2025Listing removed$12,000$8/sqft
        Source: MIAMI #A11664670 Report a problem
        12/19/2024Listed for sale$2,500,000$1,634/sqft
        Source: MIAMI #A11712245 Report a problem
        9/23/2024Listed for rent$12,000$8/sqft
        Source: MIAMI #A11664670 Report a problem
        9/1/2024Listing removed$2,500,000$1,634/sqft
        Source: MIAMI #A11486021 Report a problem
        11/14/2023Listed for sale$2,500,000+38.9%$1,634/sqft
        Source: MIAMI #A11486021 Report a problem
        6/26/2015Sold$1,800,000$1,176/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2015$24,034 +9.1%$1,192,246 +10%
        2014$22,021 +11.9%$1,083,860 +12%
        2013$19,681 +4.3%$967,730 +5%
        2012$18,866 -8.9%$921,650 -3%
        2011$20,701 +8.6%$949,993 +10%
        2010$19,057 -8.8%$863,630 -15%
        2009$20,901 -6.7%$1,016,040 -8%
        2008$22,391 +12.6%$1,104,390 +12%
        2007$19,893 -0.5%$986,060 +15%
        2006$19,997 +34.5%$857,440 +40%
        2005$14,871 +19.6%$612,460 +21.9%
        2004$12,432 $502,410
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        95 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Nautilus
        • High: Miami Beach

        Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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