Home » Miami Beach » 1500 Ocean Drive Condo at 1500 Ocean Dr Miami Beach » 1500 Ocean Dr PH-05, Miami Beach, FL 33139 | A11712245

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

$2,500,000

Property Highlights

Listing ID A11712245 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. POOL Year Built 1998 Waterfront Has view of the Ocean Time of this property on Rebonus 43 Day(s)

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

Property Description: 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.

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 Access
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
  • Key Card Entry
  • Closed Circuit Camera(s)
Furnished:
  • Furnished
Accessibility Features:
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Self Cleaning Oven
Interior Features:
  • Living/dining Room
  • First Floor Entry
  • Pantry
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bedroom On Main Level
  • Built-in Features
  • Dual Sinks
  • Bidet
Exterior Features:
  • Security/high Impact Doors
  • Fence
  • Barbecue
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Fence:
  • Wall
Property Entrance Faces:
  • Northeast

Taxes and Expenses

Tax Annual Amount:$26,427

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:2024
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$2,702
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Exemption

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Conventional
  • Assumable (The financing currently in place may be assumed)
Occupant Type:
  • Vacant
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
  • Vehicle Wash Area
  • Trash
  • Barbecue
  • Storage
  • 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
  • Insurance
  • Reserve Fund
  • Internet
  • Amenities
Complex Name:1500 OCEAN DRIVE CONDO
Senior Community:No
Restrictions:Corporate Buyer Ok,Ok To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Attached
  • Covered
  • Valet
  • Attached Carport
Carport:Yes

Public Schools Assigned

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

High School:Miami Beach
Middle Or Junior School:Nautilus

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOcean View
Housing Older Persons ActNo HOPA
Unit DesignEast Of Us1,Penthouse
Type of AssociationCondo
Minimum Number of Days for Lease90
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Homestead Exemption
Number of times allowed to lease per year2
Flood ZoneAE
Homeowner's Association Application Fee150
Rooms DescriptionDen/Library/Office
StyleCondo 5+ Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1100501272
Subdivision Number118
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 18469-4677 0199 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:December 19, 2024 2:17 pm
On Market Date:December 19, 2024
Price Change Date Time:December 19, 2024 1:15 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:December 19, 2024 2:17 pm
Status Last Changed:December 19, 2024 2:17 pm
Photos Last Modified:December 19, 2024 7:38 pm
Last Modified:January 21, 2025 8:01 pm
Days on the Market Reference Date:January 21, 2025
Days on the Market (updated on Last Modified*):33
Cumulative Days on the Market (updated on Last Modified**):257

Additional Information

Unit Location:East Of Us1,Penthouse
Number of Photos:39
Location:,,
Included:,,
Area:32
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
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

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