$1,390,000
1500 Ocean Drive 507
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
- $1,390,000
- Price per sq ft
- $1,188
- Original price
- $1,425,000
- Days on market
- 132
This 2-bedroom condo in 1500 Ocean Drive Condo is listed at $1,390,000, or $1,188 per square foot. The asking price has come down 2.5% from its original $1,425,000. It has been on the market for 132 days.
Estimated monthly payment
$7,305 /mo
Principal and interest only, based on $278,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,124/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,390,000
- Days on Site
- 132 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,170 sqft
- Total Sq Ft
- 1,170 sqft
- Year Built
- 1998
- Property Type
- Condo
- MLS #
- A12018993
- Property Tax
- $19,089 (2025)
- HOA Fees
- $2,124 / Monthly
- Subdivision
- 1500 OCEAN DRIVE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Located in Ocean Drive's beloved Art Deco building - 1500 Ocean Drive. This spacious NW corner unit features 1 bedroom (2nd bedroom was opened into a larger living area), 2 bathrooms, W/D, beautiful marble floors, open kitchen with Italian cabinets, top of the line appliances, custom closets, lighting & electric shades. Amenities and Services include: Private Beach lounge service, state-of-the-art gym with Peloton bike, new pool & hot tub, social events & fitness program in season, climate-controlled storage plus 24 hr security and valet.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1998
- Property Condition
- Resale
- Number of Stories
- 15
- Garage Spaces
- 1
- Parking
- Covered / Guest / Valet
- Living Sq Ft
- 1,170
- Total Sq Ft
- 1,170
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Tile
- Interior Features
- Built In Features / Family Dining Room / Separate Shower / Walk In Closets
Exterior Features
- Construction
- Other / Stucco
- Exterior Features
- Balcony / Outdoor Living Area
- Pool Features
- Association / Heated
- Patio & Porch
- Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- None / Ocean Access
- View
- Ocean / Other
Community & HOA
- HOA Fee
- $2,124 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Internet / Maintenance Grounds / Pools / Trash / Water
- Association Amenities
- Billiard Room / Clubhouse / Elevators / Fitness Center / Other / Pool / Parking / Spa Hot Tub
- Community Features
- Home Owners Association
- Security
- Elevator Secured / Secured Garage Parking / Lobby Secured
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Other
- Restrictions
- Okay To Lease1st Year / Ok To Lease / See Remarks
- MLS Area
- 2320
This home's HOA fee works out to $2,124 a month, in line with the $2,103 median across 8 homes for sale in 1500 Ocean Drive Condo. See 1500 Ocean Drive Condo HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
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 507, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1500 Ocean Drive 507, 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 507, Miami Beach, FL 33139 still available?
- 1500 Ocean Drive 507, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 132 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 507, Miami Beach, FL 33139?
- With 20% down ($278,000) on the $1,390,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 Ocean Drive 507, Miami Beach, FL 33139 is about $7,305/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 507, 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 507, 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 507, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1500 Ocean Drive 507, Miami Beach, FL 33139 carries an HOA fee of about $2,124 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1500 Ocean Drive 507, Miami Beach, FL 33139?
- 1500 Ocean Drive 507, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1500 Ocean Drive 507, Miami Beach, FL 33139?
- Often, yes. The right offer on 1500 Ocean Drive 507, 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.
$1,390,000
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Listed by Carolina Braga Lara-Arashiro, One Sotheby's International Realty
Map & Location
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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.
