Property Details
| Asking Price | $4,800,000 |
|---|---|
| Price per SqFt | $2,069 |
| Maintenance Fee | $4,108 Monthly |
| Property Taxes | $51,250 2025 |
| Interior Space | 2,320 SqFt |
| Beds/Baths | 3/3½ |
| Furnished | Yes |
| Year Built | 1998 |
| MLS # | A11935052 |
Location
From the listing
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.
Listed by One Sotheby's International Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $4,108 a month; taxes $51,250 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · 1500 Ocean Drive Unit 1201
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11198648 | $3,500,000 | 9/16/22 |
| A1954178 | $3,800,000 | 7/30/14 |
| A1709943 | $2,850,000 | 2/8/13 |
What Other Units Have Been Selling For at 1500 Ocean Drive
3 units sold at 1500 Ocean Drive in the last 12 months at an average of $1,325/SqFt · This unit (1201) is asking $2,069/SqFt
Below, the most recent sales most like this unit: its floorplan first, then units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1201 | $3,500,000$1,509/SqFt | 92% | 9/16/22 |
| 901 | $2,600,000$1,121/SqFt | 90% | 10/15/19 |
| 1101 | $2,700,000$1,164/SqFt | 95% | 4/11/19 |
| 401 | $2,950,000$1,272/SqFt | 94% | 1/4/19 |
| 1001 | $3,000,000$1,293/SqFt | 77% | 3/1/18 |
| 1201 | $3,800,000$1,638/SqFt | 95% | 7/30/14 |
| 701 | $3,050,000$1,315/SqFt | 94% | 8/2/13 |
| 1201 | $2,850,000$1,228/SqFt | 89% | 2/8/13 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by One Sotheby's International Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
1500 Ocean Drive Unit 1201, 1500 Ocean Drive · MLS A11935052 · $4,800,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at 1500 Ocean Drive
At 1500 Ocean Drive, 7 of 113 units are for sale and 3 sold in the last 12 months at an average of $1,325 per SqFt. Unit 1201 asks $2,069 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.