1500 Ocean Drive
1500 Ocean Drive, Miami Beach, FL 33139
ALERTS FOR 1500 OCEAN DRIVE
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Mark Zilbert is a Miami Beach real estate agent who follows every listing and sale at 1500 Ocean Drive. Buyers and sellers can call or text Mark at (786) 280-0201.
Building Facts
| Developer | Constructa, Inc. |
|---|---|
| Architect | Michael Graves Architecture & Design with Robert Swedroe as associate architect |
| Year Built | 1998 |
| Units | 113 |
| Floors | 15 |
| Unit sizes | 480 – 4,640 SqFt |
About 1500 Ocean Drive
1500 Ocean Drive is a Michael Graves oceanfront condo at 15th Street, facing Lummus Park and the beach. It was completed in 1998 together with the Graves-designed Ocean Steps shops at its base. Its 113 residences are mostly two- and three-bedrooms of about 940 to 2,320 SqFt, about 10 on a typical floor, plus penthouse and townhouse residences, the largest of them about 4,640 SqFt. Amenities include a heated pool and spa, a fitness center with yoga and Pilates, sauna and steam, billiards, valet and beach service.
By Mark Zilbert, Global Real Estate Advisor · updated October 2026
Asking prices by bedrooms: 1 bed from $1.4M · 2 beds $1.4M to $1.8M · 3 beds from $3M · Penthouses from $2.3M
For Sale
6 units · avg asking $1,496/SqFt
| Unit ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 1210New1 bed · 940 SqFt | $1,385,000$1,473/SqFt | 10/29/2610/29 |
| 5072 bed · 1,170 SqFt | $1,390,000$1,188/SqFt · ▼2.5% | 5/14/265/14 |
| 6072 bed · 1,170 SqFt | $1,675,000$1,432/SqFt | 4/21/264/21 |
| 7072 bed · 1,170 SqFt | $1,800,000$1,538/SqFt | 9/22/269/22 |
| PH 052 bed · 1,530 SqFt | $2,300,000$1,503/SqFt | 4/8/264/8 |
| 10033 bed · 1,740 SqFt | $2,998,000$1,723/SqFt | 8/26/258/26/25 |
Pending Sales
Under contract, awaiting closing. The freshest signal of where prices are settling. In the MLS: For sale is Active or Active with Contract; these are Pending. The price shown is the asking price. The closed price appears in Sold when it records.
No residences under contract at the moment.
Sold · Last 12 Months
3 closed sales · avg $1,325/SqFt · avg 90% of last asking price
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 9042 bed · 1,740 SqFt | $2,750,000list $3,000,000 | 92% | 5/26/265/26 |
| 7052 bed · 1,530 SqFt | $1,512,000list $1,600,000 | 95% | 4/20/264/20 |
| UPH 52 bed · 1,530 SqFt | $2,100,000list $2,500,000 | 84% | 3/16/263/16 |
% of ask compares the closed price to the final list price. The building's full sold history, 82 sales, lives on the archive view.
Lines and Floorplans
A line is a stack of identical residences, the same plan and views, one above another. Each line’s last sale is the cleanest comp a buyer can get.
| Line ⇅ | Beds ⇅ | SqFt ⇅ | Plan |
|---|---|---|---|
| 01 | 3 / 3½ | 2,320 | — |
| 02 | 3 / 3½ | 2,320 | — |
| 03 | 3 / 3 | 1,740 | — |
| 04 | 3 / 3 | 1,740 | — |
| 05 | 2 / 2½ | 1,530 | — |
| 06 | 2 / 2½ | 1,530 | — |
| 07 | 2 / 2 | 1,170 | — |
| 08 | 2 / 2 | 1,170 | — |
| 09 | 1 / 2 | 940 | — |
| 10 | 1 / 2 | 940 | — |
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Location
1500 Ocean Drive · Ocean Drive
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1500 Ocean Drive, 1500 Ocean Drive, Miami Beach
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