Property Details
| Asking Price | $1,390,000 |
|---|---|
| Price per SqFt | $1,188 |
| Maintenance Fee | $2,124 Monthly |
| Property Taxes | $19,089 2025 |
| Interior Space | 1,170 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1998 |
| MLS # | A12018993 |
Location
From the listing
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.
Listed by One Sotheby's International Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $2,124 a month; taxes $19,089 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · 1500 Ocean Drive Unit 507
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1665643 | $1,075,000 | 7/10/13 |
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 (507) is asking $1,188/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 ⇅ |
|---|---|---|---|
| 1107 | $1,835,000$1,568/SqFt | 97% | 6/7/23 |
| 607 | $1,245,000$1,064/SqFt | 92% | 4/14/23 |
| 1107 | $1,125,000$962/SqFt | 87% | 1/12/22 |
| 407 | $1,044,000$892/SqFt | 87% | 6/6/18 |
| 907 | $1,412,500$1,207/SqFt | 94% | 4/18/16 |
| 1207 | $1,137,500$972/SqFt | 82% | 11/26/13 |
| 907 | $1,325,000$1,132/SqFt | 95% | 11/20/13 |
| 507 | $1,075,000$919/SqFt | 98% | 7/10/13 |
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 507, 1500 Ocean Drive · MLS A12018993 · $1,390,000
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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, 6 of 113 units are for sale and 3 sold in the last 12 months at an average of $1,325 per SqFt. Unit 507 asks $1,188 per SqFt, below 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.