Condo in 1500 Ocean Drive 507, Miami Beach, FL 33139 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 Drive 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
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
May 14, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Shower
Dining Area:
Family/Dining Combination
Measures
Living Area:
1,170 Sqft
Built-Up Area:
1,170 Sqft
Property Features
View from the Property:
Ocean, Other
Waterfront:
Yes
Waterfront Features:
Ocean Access, None
Security:
Secured Garage/Parking, Lobby - Attended, Elevator Secure
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Ice Maker
Interior:
Walk-In Closet(s), Built-in Features
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Unit Description:
Corner/end Unit
Balcony Details:
Balcony - Open
Construction
Year Built:
1998
Levels:
Two
Construction Materials:
Other, Stucco
Flooring:
Tile
Number of stories:
15
Road Frontage Type:
East of US-1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$19,089.00
Tax Year:
2025
Association Fee:
$2,124.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Covered, Guest, Valet
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Homeowner Association
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
2
Amenities Provided by the Homeowner's Association (HOA):
Heated Pool, Pool, Spa/hot Tub, Billiard Room, Clubhouse, Other, Elevator(s), Fitness Center, Parking, Lobby
Subdivision Name:
1500 OCEAN DRIVE CONDO
Association Fee Includes:
Maintenance Grounds, Water, Trash, Cable Tv, Common Areas, Internet, Hot Water, Pool Service
Senior Community:
No
Restrictions:
See Remarks
Minimum Days per Lease:
90
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Other
Buyer Possession:
Negotiable, Close Of Escrow
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):
0232341180670
Public Schools Assigned
Elementary School:
Coral Park (miami-dade)
High School:
Miami Beach
Listing History
Active on the market since:
May 14, 2026
Listing Agreement executed on:
May 14, 2026
Listing Status Last Changed On:
May 14, 2026 4:00 am
Photos updated on:
May 21, 2026 7:52 pm
Last Modified:
July 14, 2026 12:57 am
Additional Information
Courtesy of:
One Sotheby's International Realty
Attribution:
Not provided
Location
Floor Number:
5
Street Name:
Ocean
Street Number:
1500
Unit Number:
507
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 16.7''
Longitude:
W81° 52' 15.9''
Street Suffix:
Drive
Property Map

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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) 45 Good
☀️ O3 35 Good
🫁 PM2.5 45 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.