$1,250,000
1500 Ocean Drive 1109
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,250,000
- Price per sq ft
- $1,330
- Original price
- Unchanged
- Days on market
- 255
This 1-bedroom condo in 1500 Ocean Drive Condo is listed at $1,250,000, or $1,330 per square foot. It has been on the market for 255 days.
Estimated monthly payment
$6,569 /mo
Principal and interest only, based on $250,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,694/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,250,000
- Days on Site
- 255 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 940 sqft
- Year Built
- 1998
- Property Type
- Condo
- MLS #
- A11902107
- Property Tax
- $11,365 (2024)
- HOA Fees
- $1,694 / Monthly
- Subdivision
- 1500 OCEAN DRIVE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Corporate Listing / Listed As Is
About This Property
Timeless elegance meets modern luxury in this newly furnished, beautifully renovated one-bedroom condo designed by award-winning NMR Design Group. Located in the iconic Michael Graves building in the heart of the Historic Art Deco District, this spacious residence features stunning new porcelain floors throughout, two sleek modern bathrooms, a massive walk-in closet, and tasteful new furnishings that enhance its charm. Enjoy incredible city and sunset views, five-star amenities including a pool and gym, and professional 24/7 staff in a quiet cul-de-sac where the ocean is your backyard and Ocean Drive is your front door. With the ultimate convenience of a walkable location, this is oceanfront living at its finest—make every day a beach day!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1998
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 15
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Covered / Garage / Garage Door Opener
- Direction Faces
- West
- Living Sq Ft
- 940
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Interior Features
- Built In Features / Closet Cabinetry / Dual Sinks / Elevator / Family Dining Room / Storage / Separate Shower / Walk In Closets
- Windows
- Blinds / Drapes / Rods
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Barbecue / Outdoor Living Area
- Pool Features
- Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Beach Access / Deeded Access / Ocean Front
- View
- Bay / City
Community & HOA
- HOA Fee
- $1,694 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Internet / Maintenance Grounds / Maintenance Structure / Reserve Fund / Sewer / Trash / Water
- Association Amenities
- Beach Rights / Beach Access / Billiard Room / Bike Storage / Business Center / Clubhouse / Community Kitchen / Fitness Center / Maintenance Grounds / Management / Picnic Area / Pool / Sauna / Spa Hot Tub / Storage / Trails / Trash
- Security
- Closed Circuit Cameras / Fire Alarm / Fire Sprinkler System / Smoke Detectors / Security Fence
- Utilities
- Cable Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Limited Number Vehicles / No Truck / No Trailer Parking
- MLS Area
- 2320
This home's HOA fee works out to $1,694 a month, 19% below the $2,103 median across 8 homes for sale in 1500 Ocean Drive Condo. See 1500 Ocean Drive Condo HOA fees
About the Community
1500 Ocean Drive Condo is a luxury waterfront, luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,300,000 to $4,800,000. Pure Equity lists homes in 1500 Ocean Drive and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Median List Price
- $1,625,000
- Median $/Sq Ft
- $1,467
- Avg Days on Market
- 183
Frequently Asked Questions
- How do I schedule a tour of 1500 Ocean Drive 1109, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1500 Ocean Drive 1109, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1500 Ocean Drive 1109, Miami Beach, FL 33139 still available?
- 1500 Ocean Drive 1109, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 255 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1500 Ocean Drive 1109, Miami Beach, FL 33139?
- With 20% down ($250,000) on the $1,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 Ocean Drive 1109, Miami Beach, FL 33139 is about $6,569/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1500 Ocean Drive 1109, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1500 Ocean Drive 1109, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1500 Ocean Drive 1109, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1500 Ocean Drive 1109, Miami Beach, FL 33139 carries an HOA fee of about $1,694 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 1500 Ocean Drive 1109, Miami Beach, FL 33139?
- Often, yes. The right offer on 1500 Ocean Drive 1109, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of One Sotheby's International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,250,000
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Listed by Ines Flax, One Sotheby's International Realty
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Recent Sales
Recently sold homes in 1500 Ocean Drive Condo
These are the last 4 recorded closings in 1500 Ocean Drive Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,373 per square foot. The most recent closed on May 26, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$2,750,000
Sold · May 26, 2026
1500 Ocean Drive 904
2 bed · 3 bath · 1,740 sqft · $1,580/sqft
$250,000 under the asking price
Sold$1,512,000
Sold · April 20, 2026
1500 Ocean Drive 705
2 bed · 2.5 bath · 1,530 sqft · $988/sqft
$88,000 under the asking price
Sold$2,100,000
Sold · March 16, 2026
1500 Ocean Drive UPH-5
2 bed · 2.5 bath · 1,530 sqft · $1,373/sqft
$400,000 under the asking price
Sold$1,050,000
Sold · October 31, 2025
1500 Ocean Drive 910
1 bed · 2 bath · 940 sqft · $1,117/sqft
$100,000 under the asking price
See every recorded sale in 1500 Ocean Drive Condo or find out what your 1500 Ocean Drive Condo home is worth.
