Condo in 1500 Ocean Dr 507 Miami Beach for sale with MLS# A12018993

Located in Ocean Drive's beloved Art Deco building - 1500 Ocean Drive. This spacious NW corner unit features 1 bedroom (2nd bedroom was opened into a larger living area), 2 bathrooms, W/D, beautiful marble floors, open kitchen with Italian cabinets, top of the line appliances, custom closets, lighting & electric shades. Amenities and Services include: Private Beach lounge service, state-of-the-art gym with Peloton bike, new Mother of Pearl pool & hot tub, social events & fitness program in season, climate-controlled storage plus 24 hr security and valet.

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Days on the market

1500 Ocean Dr 507, Miami Beach, FL 33139

Price
Price:
$1,425,000.00
Original List Price:
$1,425,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A12018993
Description of Last Important Update:
New Listing
Last Major Update on:
May 14, 2026 10:52 am
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Measures
Living Area:
1,170 Sqft
Built-Up Area:
1,170 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Ocean, Other
Waterfront:
Yes
Waterfront Features:
Ocean Access
Swimming Pool Features:
Heated, Association
Security:
Door Man, Elevator Secured, Secured Garage/Parking, Door Man
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Ice Maker
Interior:
Walk-In Closet(s), Built-in Features, Family Dining Room
Exterior:
Balcony
Patio and Porch:
Balcony, Open
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Water Access Description:
None
Construction
Year Built:
1998
Year Built Details:
Resale
Entry Level (floor):
5
Entry Level Location:
5
Construction Materials:
Other, Stucco
Flooring:
Tile
Number of stories:
15
Taxes and Expenses
Tax Annual Amount:
$19,089.00
Tax Year:
2025
Association Fee:
$2,124.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Covered, Guest, Valet
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Pool, Spa/hot Tub, Billiard Room, Clubhouse, Other, Elevator(s), Fitness Center
Subdivision Name:
1500 OCEAN DRIVE CONDO
Association Fee Includes:
Maintenance Grounds, Water, Trash, Cable Tv, Maintenance Structure, Common Areas, Other, Parking, Internet, Hot Water, Pools
Complex Name:
1500 OCEAN DRIVE CONDO
Senior Community:
No
Restrictions:
Okay to Lease During First Year of Ownership, Okay to Lease, See Remarks
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Other
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow, Closing And Funding
Zoning and Legal
Tax Legal Description:
1500 OCEAN DRIVE CONDO UNIT 507 UNDIV 0.6339% INT IN COMMON ELEMENTS OFF REC 18368-1130 COC 23643-4524 04 2005 4
Real Estate Folio Number (Parcel Number):
02-32-34-118-0670
Public Schools Assigned
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
May 14, 2026 10:52 am
Active on the market since:
May 14, 2026
Price change occurred on:
May 14, 2026 10:10 am
Listing Status Last Changed On:
May 14, 2026 10:52 am
Photos updated on:
May 14, 2026 3:19 pm
Last Modified:
May 21, 2026 7:52 pm
Additional Information
Unit View:
Ocean View, Other View
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit, East Of Us1, Lobby
Type of Association:
Homeowners
Minimum Number of Days per Lease:
90
Type of Governing Bodies of the Association:
Homeowner Association
Pet Fee:
$150.00
Number of Times Leased per Year:
2
Flood Zone:
AE
Application Fee:
$150.00
Style:
Condo 5+ Stories
Municipal Code:
2
Subdivision Number:
118
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Street Name:
Ocean Dr
Street Number:
1500
Unit Number:
507
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) 39 Good
☀️ O3 39 Good
🫁 PM2.5 27 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.