Home » Miami Beach » 1500 Ocean Drive Condo at 1500 Ocean Dr Miami Beach » 1500 Ocean Dr 1005, Miami Beach, FL 33139 | A11485999

1500 Ocean Dr 1005, Miami Beach, FL 33139 | For Sale

$2,400,000
Price has decreased by $200,000

Property Highlights

Listing ID A11485999 Status of this Listing: Active For Sale Property Type Residential Condominium 2 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 1,530 Sqft/142.14 m2 approx. Building Area 1,530 Sqft/142.14 m2 approx. POOL Year Built 1998 Waterfront Has view of the Ocean Lease Term Minimum Duration: 90 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 90 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property on Rebonus 291 Day(s)
34 Photos of this Property

1500 Ocean Dr 1005, Miami Beach, FL 33139

Property Description: An original Michael Graves residence with a brand-new open kitchen concept and top-of-the-line stainless steel appliances, Roche Bobois furniture, marble bathrooms and floors throughout and magnificent ocean views. Best location with the highest walkability factor. Instant smile as you enter this magnificent designer apartment, long foyer entrance, best floor plan, split bedrooms, two walk-in closets and a large covered terrace. The Award Winner Michael Graves Condo offers full luxury amenities including a private beach with your own chaise lounges, beach cabanas, towels, water service and staff. Other amenities include a state-of-the-art gym, steam bath, sauna, massage room, mother-of-pearl lap pool, jacuzzi, two barbecues, pool table, card tables, storage bin, communal bikes and more.

Virtual Open House: 360° Tour 1500 Ocean Dr 1005

Useful Info

Previous Asking Price:$2,600,000
Original List Price:$2,600,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Measures

Living Area Source:
  • Plans

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Builder Model:Model C
Year Built Details:
  • Resale
Entry Level (floor):10
Entry Level Location:10
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:15
Number of Units in the Community or Building:113

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
  • Lobby Secured
  • Closed Circuit Camera(s)
  • Secured Garage/parking
Furnished:
  • Negotiable
Accessibility Features:
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
  • Electric Water Heater
  • Self Cleaning Oven
Interior Features:
  • Eat-in Kitchen
  • Pantry
  • Split Bedrooms
  • Walk-in Closet(s)
  • Family/dining Room
  • Entrance Foyer
  • Built-in Features
  • Custom Mirrors
  • Main Living Area Entry Level
  • Main Level Primary
  • Sitting Area In Primary
  • Separate Shower
  • Dual Sinks
  • Bidet
  • Jetted Tub
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Balcony
  • Courtyard
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Green Energy Efficient:
  • Appliances
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$24,459

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$2,694
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Tax

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Owner
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • No Pet Restrictions
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Bike Storage
  • Cabana
  • Barbecue
  • Storage
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Trail(s)
  • Beach Rights
  • Community Kitchen
Subdivision Name:1500 OCEAN DRIVE CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Parking
  • Reserve Fund
  • Internet
  • Recreation Facilities
  • Amenities
Complex Name:The Michael Graves
Senior Community:No
Development Name:1500 OCEAN DRIVE
Restrictions: Limited Number of Vehicles, No Recreational Vehicles RV, No Truck, OK To Lease, Renting Limited

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Garage Door Opener
  • Attached
  • Covered
  • Assigned

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Opa Locka
High School:Miami Beach
Middle Or Junior School:Nautilus

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Ocean View
Housing Older Persons Act: No HOPA
Unit Design: East Of Us1,Interior Hall,Lobby
Type of Association: Condo
Minimum Number of Days for Lease: 90
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects Homestead Tax
Number of times allowed to lease per year: 2
Flood Zone : AE
Building Number: 1500
Homeowner's Association Application Fee: 0
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 118
Rooms Description: Storage Room
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:1500 OCEAN DRIVE CONDO UNIT 1005 UNDIV 0.8296% INT IN COMMON ELEMENTS OFF REC 18368-1130 OR 18644-1637 0699 1
Real Estate Folio Number (Parcel Number):02-32-34-118-0500
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34
Title to the property is held by owner as:
  • Self Proprietor/individual

Listing History

Update/EventDate/Days
Published Date:November 13, 2023 7:11 pm
On Market Date:November 13, 2023
Price Change Date Time:January 5, 2024 9:43 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:January 5, 2024 9:43 pm
Status Last Changed:November 13, 2023 7:11 pm
Photos Last Modified:November 14, 2023 3:56 am
Last Modified:July 26, 2024 8:27 pm
Days on the Market Reference Date:July 26, 2024
Days on the Market (updated on Last Modified*):256
Cumulative Days on the Market (updated on Last Modified**):256

Additional Information

Unit Location:East Of Us1,Interior Hall,Lobby
Number of Photos Count:34
Area:32
Ref ID:1047029521
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12025-N-0232341180500-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:1500
Street Address:1500 Ocean Dr 1005
Unit Number:1005
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1500 Ocean Dr 1005, Miami Beach, FL 33139
Latitude:N25° 47' 16.8''
Longitude:W81° 52' 15.9''

Neighborhood

Postal City:Miami Beach
City Region:South Beach

Property Map

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