ActiveMLS® A12018993

$1,390,000

1500 Ocean Drive 507, Miami Beach, FL 33139

Beds: 2
Baths: 2
Sqft: 1,170

Est. payment$11,622/mo

Home type: Condominium
Year built: 1998
Lot size: —
Price / sqft: $1,188
HOA: $2,124/mo
Community: 1500 OCEAN DRIVE CONDO

Property description

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 pool & hot tub, social events & fitness program in season, climate-controlled storage plus 24 hr security and valet.

Listing activity

Days on market: 123
Listed: May 14, 2026
MLS listing updated: Sep 14, 2026
Feed last checked: 2 minutes ago

Listed by Carolina Braga Lara-Arashiro · 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: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Built-in Features, Walk-In Closet(s)
Flooring: Tile
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer

Heating & cooling

Heating: Electric
Cooling: Electric

Property

Parking

Garage spaces: 1
Garage: Yes
Covered spaces: 1
Parking features: Covered, Guest, Valet
Attached garage: No

Exterior

Stories: 15
Building area: 1,170 sqft
Exterior features: Balcony
View: Ocean, Other
Waterfront: None, Ocean Access
Waterfront property: Yes

Lot

Road frontage: East of US-1

Construction

Type & style

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

Materials

Construction: Stucco, Other
Property condition: Resale

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: 1500 OCEAN DRIVE CONDO
MLS area: 2320
Security: Elevator Secure, Lobby - Attended, Secured Garage/Parking
Pets allowed: Pet Restrictions Possible, Yes
55+ community: No

Association

Has association: Yes
Association fee: $2,124 monthly
Estimated monthly dues: $2,124
Amenities: Pool, Billiard Room, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Lobby, Parking, Spa/Hot Tub, Other
Services included: Pool Service, Cable TV, Common Areas, Hot Water, Internet, Maintenance Grounds, 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: A12018993
Possession: Close Of Escrow, Negotiable
Original list price: $1,425,000
Parcel number: 0232341180670
Annual property tax: $19,089
Tax year: 2025
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

Additional MLS details

Reported by the listing source

Association Amenities: Pool, Billiard Room, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Lobby, Parking, Spa/Hot Tub, Other
Association Fee Frequency: Monthly
Association Fee Includes: Pool Service, Cable TV, Common Areas, Hot Water, Internet, Maintenance Grounds, Trash, Water
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 1170
Construction Materials: Stucco, Other
County Or Parish: Miami-Dade
Days On Market: 123
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
List Price: 1390000
Living Area: 1170
MLSArea Major: 2320
Mls Status: Active
On Market Date: 2026-05-14
Postal Code: 33139
Price Change Timestamp: 2026-09-14T23:12:52Z
Property Sub Type: Condominium
Property Type: Residential
Road Frontage Type: East of US-1
Rooms Total: 0
Security Features: Elevator Secure, Lobby - Attended, Secured Garage/Parking
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-05-14T04:00:00Z
Stories Total: 15
Subdivision Name: 1500 OCEAN DRIVE CONDO
Waterfront Features: None, Ocean Access
Tax Annual Amount: 19089
Bathrooms Full: 2
Bedrooms Total: 2
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 2124

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
May 14, 2026	ListedMIAMI REALTORS® MLS	$1,425,000$1,218/sqft
Sep 14, 2026	Price reducedMIAMI REALTORS® MLS	$1,390,000$1,188/sqft

Public tax history

Year	Property taxes	Assessment
2025	$19,089	—

Payment calculator

Estimated monthly payment$11,622/moIllustrative estimate, not a loan offer.

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

Principal & interest: $7,212
Property taxes: $1,591
Insurance: $695
Association dues: $2,124

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

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