PendingMLS® A11935052

$4,800,000

1500 Ocean Drive 1201, Miami Beach, FL 33139

Beds: 3
Baths: 4
Sqft: 2,320

Est. payment$35,685/mo

Home type: Condominium
Year built: 1998
Lot size: —
Price / sqft: $2,069
HOA: $4,108/mo
Community: 1500 OCEAN DRIVE CONDO

Property description

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.

Listing activity

Days on market: 158
Listed: Dec 15, 2025
MLS listing updated: Sep 24, 2026
Feed last checked: 4 minutes ago

Listed by Ines Flax · One Sotheby's International Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Bathrooms (decimal): 3.5
Full bathrooms: 3
Half bathrooms: 1

Rooms & features

Rooms: 1
Interior features: Built-in Features, Elevator, Walk-In Closet(s)
Flooring: Ceramic Tile
Appliances: Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator
Furnished: Furnished
Window features: Drapes, Rods

Heating & cooling

Heating: Electric, Natural Gas
Cooling: Central Air, Electric

Property

Parking

Garage spaces: 2
Garage: Yes
Covered spaces: 2
Parking features: Attached, Attached Garage, Garage, Garage Door Opener
Attached garage: Yes

Exterior

Stories: 15
Exterior features: Barbecue
View: Direct Ocean
Waterfront: Deeded Beach Access, Ocean
Waterfront property: Yes

Construction

Type & style

Home type: Condominium
Year built: 1998
New construction: No

Materials

Construction: CBS
Property condition: Resale
Faces: East

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: 1500 OCEAN DRIVE CONDO
MLS area: 2320
Security: Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Key Card Entry
Pets allowed: Dogs OK, Yes
55+ community: No

Association

Has association: Yes
Association fee: $4,108 monthly
Estimated monthly dues: $4,108
Amenities: Maintenance, Fitness Center, Kitchen Facilities, Sauna, Spa/Hot Tub
Services included: Cable TV, Sewer, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11935052
Possession: Negotiable
Original list price: $5,000,000
Parcel number: 0232341180090
Annual property tax: $51,250
Tax year: 2025
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

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Fitness Center, Kitchen Facilities, Sauna, Spa/Hot Tub
Association Fee Frequency: Monthly
Association Fee Includes: Cable TV, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 3.5
Bathrooms Total Integer: 4
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 158
Direction Faces: East
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
List Price: 4800000
Listing Contract Date: 2025-12-15
Living Area: 2320
MLSArea Major: 2320
Mls Status: Pending
On Market Date: 2026-01-07
Photos Count: 31
Postal Code: 33139
Price Change Timestamp: 2026-04-08T19:07:11Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 1
Security Features: Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Key Card Entry
Senior Community: No
Standard Status: Pending
State Or Province: FL
Status Change Timestamp: 2026-06-29T20:19:33Z
Stories Total: 15
Subdivision Name: 1500 OCEAN DRIVE CONDO
Waterfront Features: Deeded Beach Access, Ocean
Tax Annual Amount: 51250
Bathrooms Full: 3
Bedrooms Total: 3
Bathrooms Half: 1
Financial Information: Estimated Monthly Assoc Recurring Fee: 4108

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Dec 15, 2025	ListedMIAMI REALTORS® MLS	$5,000,000$2,155/sqft
Apr 8, 2026	Price reducedMIAMI REALTORS® MLS	$4,800,000$2,069/sqft

Public tax history

Year	Property taxes	Assessment
2025	$51,250	—

Payment calculator

Estimated monthly payment$35,685/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $24,906
Property taxes: $4,271
Insurance: $2,400
Association dues: $4,108

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

1500 OCEAN DRIVE CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach Fienberg / Fisher K-8Elementary

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes