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 · All 82 Recorded Sales
82 closed sales
| 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 |
| 9101 bed · 940 SqFt | $1,050,000list $1,150,000 | 91% | 10/31/2510/31/25 |
| 12101 bed · 940 SqFt | $825,000list $880,000 | 94% | 11/1/2411/1/24 |
| 4101 bed · 940 SqFt | $550,000list $599,000 | 92% | 10/3/2410/3/24 |
| 8091 bed · 940 SqFt | $770,000list $800,000 | 96% | 8/29/248/29/24 |
| 11072 bed · 1,170 SqFt | $1,835,000list $1,900,000 | 97% | 6/7/236/7/23 |
| 6072 bed · 1,170 SqFt | $1,245,000list $1,350,000 | 92% | 4/14/234/14/23 |
| UPH 101 bed · 940 SqFt | $799,000list $875,000 | 91% | 10/12/2210/12/22 |
| 12013 bed · 2,320 SqFt | $3,500,000list $3,800,000 | 92% | 9/16/229/16/22 |
| -1 bed · 940 SqFt | $742,000list $699,999 | 106% | 6/2/226/2/22 |
| -2 bed · 1,530 SqFt | $1,660,000list $1,690,000 | 98% | 6/1/226/1/22 |
| -2 bed · 1,170 SqFt | $1,255,000list $1,295,000 | 97% | 5/20/225/20/22 |
| 8082 bed · 1,170 SqFt | $1,375,000list $1,500,000 | 92% | 5/16/225/16/22 |
| 11062 bed · 1,530 SqFt | $1,800,000list $2,000,000 | 90% | 4/5/224/5/22 |
| 8043 bed · 1,740 SqFt | $1,850,000list $1,900,000 | 97% | 2/28/222/28/22 |
| 10032 bed · 1,740 SqFt | $1,600,000list $1,750,000 | 91% | 2/24/222/24/22 |
| 11072 bed · 1,170 SqFt | $1,125,000list $1,295,000 | 87% | 1/12/221/12/22 |
| UPH 52 bed · 1,530 SqFt | $1,664,500list $1,875,000 | 89% | 10/4/2110/4/21 |
| PH 013 bed · 2,320 SqFt | $2,925,000list $2,995,000 | 98% | 9/1/219/1/21 |
| -3 bed · 2,320 SqFt | $3,850,000list $4,000,000 | 96% | 9/1/219/1/21 |
| T83 bed · 3,699 SqFt | $4,450,000list $4,900,000 | 91% | 6/18/216/18/21 |
| T15 bed · 8,400 SqFt | $14,900,000list $14,900,000 | 100% | 3/1/213/1/21 |
| 9042 bed · 1,740 SqFt | $1,600,000list $1,950,000 | 82% | 3/1/213/1/21 |
| 11052 bed · 1,530 SqFt | $1,350,000list $1,475,000 | 92% | 1/21/211/21/21 |
| 10052 bed · 1,530 SqFt | $1,390,000list $1,500,000 | 93% | 12/22/2012/22/20 |
| UPH 24 bed · 4,630 SqFt | $5,082,500list $5,950,000 | 85% | 4/9/204/9/20 |
| PH 091 bed · 940 SqFt | $785,000list $850,000 | 92% | 3/27/203/27/20 |
| 9013 bed · 2,320 SqFt | $2,600,000list $2,900,000 | 90% | 10/15/1910/15/19 |
| 12023 bed · 2,320 SqFt | $2,800,000list $2,900,000 | 97% | 8/15/198/15/19 |
| PH 082 bed · 1,170 SqFt | $1,300,000list $1,400,000 | 93% | 8/9/198/9/19 |
| 12033 bed · 1,740 SqFt | $1,725,000list $1,750,000 | 99% | 4/12/194/12/19 |
| 11013 bed · 2,320 SqFt | $2,700,000list $2,850,000 | 95% | 4/11/194/11/19 |
| 4013 bed · 2,320 SqFt | $2,950,000list $3,150,000 | 94% | 1/4/191/4/19 |
| 4072 bed · 1,170 SqFt | $1,044,000list $1,200,000 | 87% | 6/6/186/6/18 |
| 10013 bed · 2,320 SqFt | $3,000,000list $3,900,000 | 77% | 3/1/183/1/18 |
| 12101 bed · 940 SqFt | $735,000list $875,000 | 84% | 11/15/1611/15/16 |
| 801/25 bed · 4,640 SqFt | $6,250,000list $6,495,000 | 96% | 9/6/169/6/16 |
| 9072 bed · 1,170 SqFt | $1,412,500list $1,500,000 | 94% | 4/18/164/18/16 |
| PH 072 bed · 1,170 SqFt | $1,500,000list $1,575,000 | 95% | 12/3/1512/3/15 |
| 10072 bed · 1,170 SqFt | $1,440,000list $1,475,000 | 98% | 11/16/1511/16/15 |
| 9082 bed · 1,170 SqFt | $1,640,000list $1,675,000 | 98% | 9/16/159/16/15 |
| 7032 bed · 1,740 SqFt | $1,700,000list $1,700,000 | 100% | 7/3/157/3/15 |
| PH 052 bed · 1,530 SqFt | $1,800,000list $1,849,000 | 97% | 6/26/156/26/15 |
| PH 042 bed · 1,740 SqFt | $2,000,000list $2,250,000 | 89% | 2/13/152/13/15 |
| 6101 bed · 940 SqFt | $790,000list $799,000 | 99% | 1/14/151/14/15 |
| 9082 bed · 1,170 SqFt | $1,450,000list $1,545,000 | 94% | 9/10/149/10/14 |
| 12013 bed · 2,320 SqFt | $3,800,000list $4,000,000 | 95% | 7/30/147/30/14 |
| 11091 bed · 940 SqFt | $765,000list $795,000 | 96% | 12/20/1312/20/13 |
| 12072 bed · 1,170 SqFt | $1,137,500list $1,390,000 | 82% | 11/26/1311/26/13 |
| UPH 91 bed · 940 SqFt | $790,000list $825,000 | 96% | 11/22/1311/22/13 |
| 9072 bed · 1,170 SqFt | $1,325,000list $1,390,000 | 95% | 11/20/1311/20/13 |
| 11062 bed · 1,530 SqFt | $1,650,000list $1,750,000 | 94% | 11/1/1311/1/13 |
| 4101 bed · 940 SqFt | $625,000list $639,000 | 98% | 10/4/1310/4/13 |
| 9082 bed · 1,170 SqFt | $1,217,500list $1,495,000 | 81% | 9/5/139/5/13 |
| 7013 bed · 2,320 SqFt | $3,050,000list $3,250,000 | 94% | 8/2/138/2/13 |
| 5091 bed · 940 SqFt | $645,000list $669,000 | 96% | 7/26/137/26/13 |
| PH 091 bed · 940 SqFt | $760,000list $795,000 | 96% | 7/15/137/15/13 |
| 5072 bed · 1,170 SqFt | $1,075,000list $1,100,000 | 98% | 7/10/137/10/13 |
| 8091 bed · 940 SqFt | $675,000list $690,000 | 98% | 6/24/136/24/13 |
| 12033 bed · 1,740 SqFt | $1,600,000list $1,645,000 | 97% | 5/20/135/20/13 |
| 6042 bed · 1,740 SqFt | $1,595,000list $1,675,000 | 95% | 4/18/134/18/13 |
| PH 101 bed · 940 SqFt | $746,500list $789,000 | 95% | 4/15/134/15/13 |
| UPH 82 bed · 1,170 SqFt | $1,320,000list $1,375,000 | 96% | 4/9/134/9/13 |
| 10082 bed · 1,170 SqFt | $1,212,500list $1,350,000 | 90% | 2/28/132/28/13 |
| 11023 bed · 2,320 SqFt | $2,750,000list $2,895,000 | 95% | 2/25/132/25/13 |
| 12013 bed · 2,320 SqFt | $2,850,000list $3,195,000 | 89% | 2/8/132/8/13 |
| 7042 bed · 1,740 SqFt | $1,525,000list $1,625,000 | 94% | 12/18/1212/18/12 |
| 9082 bed · 1,170 SqFt | $1,146,000list $1,300,000 | 88% | 12/11/1212/11/12 |
| 5023 bed · 2,320 SqFt | $2,500,000list $2,695,000 | 93% | 9/19/129/19/12 |
| 5091 bed · 940 SqFt | $575,000list $599,000 | 96% | 9/12/129/12/12 |
| UPH 72 bed · 1,170 SqFt | $1,300,000list $1,399,000 | 93% | 8/31/128/31/12 |
| 8042 bed · 1,740 SqFt | $1,450,000list $1,600,000 | 91% | 8/30/128/30/12 |
| 11062 bed · 1,530 SqFt | $1,150,000list $1,565,000 | 73% | 8/3/128/3/12 |
| 11091 bed · 940 SqFt | $650,000list $695,000 | 94% | 7/16/127/16/12 |
| 11101 bed · 940 SqFt | $585,000list $650,000 | 90% | 6/20/126/20/12 |
| 4091 bed · 940 SqFt | $580,000list $599,000 | 97% | 5/29/125/29/12 |
| -1 bed · 940 SqFt | $650,000list $695,000 | 94% | 4/23/124/23/12 |
| 9052 bed · 1,530 SqFt | $1,275,000list $1,495,000 | 85% | 4/10/124/10/12 |
| 10052 bed · 1,530 SqFt | $1,250,000list $1,385,000 | 90% | 4/5/124/5/12 |
| 6033 bed · 1,740 SqFt | $1,450,000list $1,535,000 | 94% | 1/3/121/3/12 |
% of ask compares the closed price to the final list price.
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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