How do I schedule a tour of 1500 Ocean Drive PH-05, Miami Beach, FL 33139?

Use the Tour button on this listing to request a showing of 1500 Ocean Drive PH-05, 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 PH-05, Miami Beach, FL 33139 still available?

1500 Ocean Drive PH-05, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 168 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 PH-05, Miami Beach, FL 33139?

With 20% down ($460,000) on the $2,300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 Ocean Drive PH-05, Miami Beach, FL 33139 is about $12,087/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 PH-05, 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 PH-05, 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 PH-05, Miami Beach, FL 33139 have an HOA fee?

Yes: 1500 Ocean Drive PH-05, Miami Beach, FL 33139 carries an HOA fee of about $2,702 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 PH-05, Miami Beach, FL 33139?

1500 Ocean Drive PH-05, 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 PH-05, Miami Beach, FL 33139?

Often, yes. The right offer on 1500 Ocean Drive PH-05, 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.

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$2,300,000

1500 Ocean Drive PH-05

Miami Beach, FL 33139

1500 OCEAN DRIVE CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $2,300,000
Price per sq ft: $1,503
Original price: Unchanged
Days on market: 168

This 2-bedroom condo in 1500 Ocean Drive Condo is listed at $2,300,000, or $1,503 per square foot. It has been on the market for 168 days.

Bedrooms

Bathrooms

1,530

Living Sq Ft

1998

Year Built

Estimated monthly payment

$12,087 /mo

Principal and interest only, based on $460,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $2,702/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $2,300,000
Days on Site: 168 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Living Area: 1,530 sqft
Year Built: 1998
Property Type: Condo
MLS #: A11997096
Property Tax: $24,832 (2025)
HOA Fees: $2,702 / Monthly
Subdivision: 1500 OCEAN DRIVE CONDO
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

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.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 1998
Property Condition: Resale
Number of Stories: 15
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached Carport / Attached / Covered / Carport / Garage / Valet
Direction Faces: Northeast
Living Sq Ft: 1,530

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Microwave / Oven / Refrigerator / Washer
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Marble
Interior Features: Bidet / Built In Features / Bedroom On Main Level / Bathtub / Closet Cabinetry / Dual Sinks / Living Dining Room / Pantry / Soaking Tub / Separate Shower / Walk In Closets
Windows: Blinds
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 Access
View: Ocean

Community & HOA

HOA Fee: $2,702 / Monthly
HOA Includes: Cable Tv / Insurance / Internet / Maintenance Structure / Reserve Fund / Sewer / Trash / Water
Association Amenities: Beach Rights / Billiard Room / Bike Storage / Business Center / Community Kitchen / Car Wash Area / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Sauna / Spa Hot Tub / Storage / Trails / Trash
Security: Closed Circuit Cameras / Key Card Entry / Smoke Detectors / Security Fence
Utilities: Cable Available
Pets Allowed: No Pet Restrictions / Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions / Ok To Lease
MLS Area: 2320

This home's HOA fee works out to $2,702 a month, 27% above the $2,124 median across 6 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

View Community Details →

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: 6
Under Contract: 1
Median List Price: $1,737,500
Median $/Sq Ft: $1,467
Avg Days on Market: 173

View all 6 homes for sale in 1500 Ocean Drive →

Frequently Asked Questions

How do I schedule a tour of 1500 Ocean Drive PH-05, Miami Beach, FL 33139?: Use the Tour button on this listing to request a showing of 1500 Ocean Drive PH-05, 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 PH-05, Miami Beach, FL 33139 still available?: 1500 Ocean Drive PH-05, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 168 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 PH-05, Miami Beach, FL 33139?: With 20% down ($460,000) on the $2,300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1500 Ocean Drive PH-05, Miami Beach, FL 33139 is about $12,087/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 PH-05, 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 PH-05, 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 PH-05, Miami Beach, FL 33139 have an HOA fee?: Yes: 1500 Ocean Drive PH-05, Miami Beach, FL 33139 carries an HOA fee of about $2,702 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 PH-05, Miami Beach, FL 33139?: 1500 Ocean Drive PH-05, 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 PH-05, Miami Beach, FL 33139?: Often, yes. The right offer on 1500 Ocean Drive PH-05, 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.

$2,300,000

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Listed by Ines Flax, One Sotheby's International Realty

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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.