Home » Miami Beach » 1500 Ocean Drive Condo at 1500 Ocean Dr Miami Beach » 1500 Ocean Dr PH-05, Miami Beach, FL 33139 | A11486021

1500 Ocean Dr PH-05, Miami Beach, FL 33139 | For Sale

$2,500,000

Property Highlights

Listing ID A11486021 Status of this Listing: Active For Sale Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,530 Sqft/142.14 m2 approx. Building Area 1,530 Sqft/142.14 m2 approx. POOL Year Built 1998 This listing had previously gone off the market, and it is now Back on the Market. 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 293 Day(s)
57 Photos of this Property

1500 Ocean Dr PH-05, Miami Beach, FL 33139

Property Description: Iconic oceanfront boutique condo with warmth and charm like no other at the BEST LOCATION in the middle of the largest historical art deco district in America. Incredible Penthouse Apartment with 2 bedrooms + 2 bath + 2 designated parking spaces, marble bathrooms, marble floors throughout, custom kitchen, designer closets and lighting. 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 and jacuzzi, two BBQs, pool table, card tables, a/c storage bin, communal bikes and more. Invest in your happiness and become part of an exceptional beachfront community.

Virtual Open House: 360° Tour 1500 Ocean Dr PH-05

Residential Condominium For Sale located at 1500 Ocean Dr PH-05 Miami Beach FL 33139 in Miami-Dade County referenced as ID MLS # A11486021. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$2,500,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Penthouse
Entry Level (floor):13
Entry Level Location:13
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
  • Door Man
  • Key Card Entry
  • Elevator Secured
Furnished:
  • Negotiable
Accessibility Features:
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
  • Electric Water Heater
  • Ice Maker
  • Self Cleaning Oven
Interior Features:
  • Living/dining Room
  • Split Bedrooms
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Entrance Foyer
  • Built-in Features
  • Handicap Access
  • Separate Shower
  • Dual Sinks
  • Bidet
  • Jetted Tub
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Courtyard
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$24,909

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:$2,694
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$2,557
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Lease Considered:Yes

Community

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

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Attached
  • Covered
  • Assigned

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit View: Ocean View
Housing Older Persons Act: No HOPA
Unit Design: Penthouse
Type of Association: Condo
Minimum Number of Days for Lease: 90
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Homestead Tax
Number of times allowed to lease per year: 2
Flood Zone : AE
Building Number: 1500
Homeowner's Association Application Fee: 100
Rooms Description: Storage Room
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 118
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:1500 OCEAN DRIVE CONDO UNIT PH-05 UNDIV 0.8296% INT IN COMMON ELEMENTS OFF REC 18368-1130 OR 18472-3571 0299 1 COC 22131-1736 03 2004 1
Real Estate Folio Number (Parcel Number):02-32-34-118-0530
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:November 13, 2023 7:45 pm
On Market Date:November 13, 2023
Price Change Date Time:November 13, 2023 7:45 pm
Last Important Update Description:Back On Market
Date and Time of Last Important Update:September 1, 2024 12:16 am
Status Last Changed:September 1, 2024 12:16 am
Photos Last Modified:November 14, 2023 4:55 am
Last Modified:September 1, 2024 4:17 am
Days on the Market Reference Date:September 1, 2024
Days on the Market (updated on Last Modified*):221
Cumulative Days on the Market (updated on Last Modified**):221

Additional Information

Unit Location:Penthouse
Number of Photos Count:57
Area:32
Ref ID:1047033599
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12025-N-0232341180530-R-N

Location

Show Property Address:Yes
Street Name:Ocean Dr
Street Number:1500
Street Address:1500 Ocean Dr PH-05
Unit Number:PH-05
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1500 Ocean Dr PH-05, Miami Beach, FL 33139
Latitude:N25° 47' 16.6''
Longitude:W81° 52' 15.3''

Neighborhood

Postal City:Miami Beach

Property Map

Mortgage Calculator

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$