Condo in 1500 Ocean Dr 1201 Miami Beach for sale with MLS# A11935052

Direct Ocean 3 Bed / 3.5 Bath corner residence at the award winner Michael Graves Condo. Come make each day a beach day at this spacious and exquisite residence featuring floor-to-ceiling impact windows, an open kitchen with high-end appliances, and two terraces with stunning ocean and coastline views. A boutique oceanfront GEM offering 5-star amenities including private beach service with attendant and water/towel service, heated pool, fitness center, branded community bikes, fitness program and social events for the residents, 24-hour front desk and complimentary valet. Located on Ocean Drive and at the center of the Art Deco Historical District near Espanola Way and Lincoln Road. WALK EVERYWHERE. Highest walkability factor in a premier oceanfront location...the iconic Michael Graves.

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Days on the market

1500 Ocean Dr 1201, Miami Beach, FL 33139

Price
Price:
$4,800,000.00
Previous Asking Price:
$5,000,000.00
Original List Price:
$5,000,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Contingency:
Other
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11935052
Description of Last Important Update:
Price Change
Last Major Update on:
April 8, 2026 2:07 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
4
Full Bath:
3
Half Bath:
1
Room Type:
Den
Measures
Living Area:
2,320 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean
Waterfront:
Yes
Waterfront Features:
Ocean Front
Security:
Key Card Entry, Elevator Secured, Closed Circuit Camera(s)
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Electric Range, Electric Water Heater
Interior:
Eat-in Kitchen, Breakfast Area, Walk-In Closet(s), Built-in Features, Elevator, Living Dining Room
Exterior:
Barbecue, Security High Impact Doors
Windows:
Impact Glass, Drapes, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Electric, Gas
Property Entrance Faces:
East
Water Access Description:
Deeded Beach Access
Construction
Year Built:
1998
Year Built Details:
Resale
Entry Level (floor):
2
Entry Level Location:
2
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
15
Taxes and Expenses
Tax Annual Amount:
$51,250.00
Tax Year:
2025
Association Fee Frequency:
Monthly
Association Fee 3rd HOA:
$4,108.00
Association Fee 3rd HOA Frequency:
Monthly
Property Tax Status:
Tax Reflects Homestead Exemption
Parking
Garage
Garage Spaces:
2
Covered Spaces:
2
Attached Garage
Parking Features:
Garage, Two Or More Spaces, Garage Door Opener, Attached
Community
Pets Allowed?:
Yes, Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
Sauna, Spa/hot Tub, Fitness Center, Community Kitchen
Subdivision Name:
1500 OCEAN DRIVE CONDO
Association Fee Includes:
Sewer, Water, Trash, Cable Tv, Amenities
Complex Name:
1500 OCEAN DRIVE CONDO
Senior Community:
No
Restrictions:
No RVs, No Trucks
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Owner
Buyer Possession:
Closing And Funding
Lease Considered:
Yes
Lease Considered
Zoning and Legal
Tax Legal Description:
1500 OCEAN DRIVE CONDO UNIT 1201 UNDIV 1.2737% INT IN COMMON ELEMENTS OFF REC 18368-1130 OR 18549-3325 0399 1 COC 24186-3148 01 2006 1
Real Estate Folio Number (Parcel Number):
02-32-34-118-0090
Public Schools Assigned
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
December 24, 2025 8:58 am
Active on the market since:
December 15, 2025
Price change occurred on:
April 8, 2026 2:07 pm
Listing Status Last Changed On:
January 6, 2026 8:59 pm
Photos updated on:
April 4, 2026 3:12 pm
Last Modified:
April 8, 2026 6:08 pm
Additional Information
Unit View:
Direct Ocean
Pet Fee Description:
Non-Refundable
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit
Type of Association:
Condo
Minimum Number of Days per Lease:
90
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$500.00
Number of Times Leased per Year:
2
Flood Zone:
AE
Application Fee:
$100.00
Rooms Description:
Den/Library/Office
Style:
Condo 5+ Stories
Municipal Code:
2
Subdivision Number:
118
Building Number:
1500
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Ocean Dr
Street Number:
1500
Unit Number:
1201
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 16.8''
Longitude:
W81° 52' 16''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.