15 for Sale

1 Bedroom Units for Sale in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	PH-09	1/2	940 ft2 (87m2)	$947 ($10,191)	$890,000	Aug 29, 19	56
	1010	1/2	940 ft2 (87m2)	$904 ($9,733)	$850,000	Sep 15, 19	38
	1009	1/2	940 ft2 (87m2)	$903 ($9,722)	$849,000 3%	Oct 31, 18	20
	509	1/2	940 ft2 (87m2)	$840 ($9,046)	$790,000 4%	Jan 05, 19	29

2 Bedroom Units for Sale in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	904	2/3	1,740 ft2 (162m2)	$1,264 ($13,610)	$2,200,000	Apr 24, 19	33
	1106	2/2.5	1,530 ft2 (142m2)	$1,307 ($14,070)	$2,000,000 9%	Jan 03, 18	34
	905	2/2.5	1,530 ft2 (142m2)	$1,173 ($12,628)	$1,795,000	Apr 08, 19	15
	1005	2/2.5	1,530 ft2 (142m2)	$980 ($10,553)	$1,500,000	Jul 09, 19	20
	1207	2/2	1,170 ft2 (109m2)	$1,192 ($12,834)	$1,395,000 13%	May 09, 16	17
	507	2/2	1,170 ft2 (109m2)	$1,171 ($12,604)	$1,370,000 8%	Jul 05, 19	17

3 Bedroom Units for Sale in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	T8	3/4	3,699 ft2 (344m2)	$1,757 ($18,915)	$6,500,000	Aug 13, 15	14
	1201	3/3.5	2,320 ft2 (216m2)	$1,379 ($14,847)	$3,200,000 9%	Nov 20, 18	38
	901	3/3.5	2,320 ft2 (216m2)	$1,250 ($13,455)	$2,900,000 3%	Nov 26, 18	34

4 Bedroom Units for Sale in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	UPH-2	4/6	4,630 ft2 (430m2)	$1,285 ($13,833)	$5,950,000	Nov 16, 18	26

5 Bedroom Units for Sale in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	T1	5/6.5	8,400 ft2 (780m2)	$2,321 ($24,988)	$19,500,000	Aug 13, 15	23

Pending Sales in 1500 Ocean Drive These are recent sales that have not closed. The final sales prace will be published after the property closed.

12 for Rent

1 Bedroom Units for Rent in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	609	1/2	940 ft2 (87m2)	$4 ( $46)	$4,000	Mar 13, 2019	19
	1009	1/2	940 ft2 (87m2)	$4 ( $40)	$3,450	Oct 31, 2018	20
	509	1/2	940 ft2 (87m2)	$4 ( $38)	$3,300	Jan 04, 2019	31

2 Bedroom Units for Rent in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	UPH-4	2/3	1,740 ft2 (162m2)	$5 ( $49)	$8,000 9%	Mar 04, 2019	22
	602	2/2.5	2,320 ft2 (216m2)	$3 ( $32)	$7,000 13%	May 09, 2019	41
	508	2/2	1,170 ft2 (109m2)	$5 ( $53)	$5,800 11%	Mar 04, 2019	19
	708	2/2	1,170 ft2 (109m2)	$3 ( $36)	$3,900	Sep 16, 2019	13

3 Bedroom Units for Rent in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	T8	3/4	3,699 ft2 (344m2)	$9 ( $102)	$35,000	Sep 06, 2016	6
	702	3/3	2,320 ft2 (216m2)	$6 ( $70)	$15,000	Aug 16, 2019	16
	402	3/3.5	2,320 ft2 (216m2)	$5 ( $56)	$12,000	Apr 03, 2019	17
	704	3/3	1,740 ft2 (162m2)	$5 ( $49)	$8,000	Aug 22, 2019	33

5 Bedroom Units for Rent in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	T1	5/6.5	8,400 ft2 (780m2)	$11 ( $115)	$90,000 10%	Sep 06, 2016	19

Statistics

15 of 113 for Sale (13%)

• Avg. List Price

  $3,445,933

• Avg. Price / SQ. FT.

  $1,529

• Highest Priced

  $19,500,000

• Avg. days on market

  457

12 of 113 for Rent (11%)

• Avg. List Price

  $16,288

• Avg. Price / SQ. FT.

  $7

• Highest Priced

  $90,000

• Avg. days on market

  315

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Average Sales Prices by Units in 1500 Ocean Drive

Average Asking Price vs Average Sold Price in 1500 Ocean Drive

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SOLD

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Sold in Last 12 Months

Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
2 Bedroom Apartmnets Sold in 1500 Ocean Drive
2019-08-09 PH-08 $1,400,000 $1,400,000 1,170 ft2 (109m2) 2/2 $1,197($12,880)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
3 Bedroom Apartmnets Sold in 1500 Ocean Drive
2016-03-10 401 $4,495,000 $3,150,000 30% 2,320 ft2 (216m2) 3/3.5 $1,358($14,615)
2018-11-25 1101 $2,850,000 $2,850,000 2,320 ft2 (216m2) 3/3.5 $1,228($13,223)
2018-10-08 1203 $2,000,000 $1,750,000 13% 1,740 ft2 (162m2) 3/3 $1,006($10,826)
2018-06-05 1202 $3,350,000 $2,900,000 13% 2,320 ft2 (216m2) 3/3.5 $1,250($13,455)

1500 Ocean Drive condo South Beach., Florida

1500 Ocean Drive is a comfortable, mid-sized building designed by world-renown architect, Michael Graves. It is the only signature residential building that graces the beach in this internationally renowned neighborhood called South Beach. Located directly on world-famous Ocean Drive, just around the corner from exciting Lincoln Road, in the true heart of South Beach, 1500 Ocean Drive is a relaxed, friendly community that affords all the luxuries of a 5 star resort with all the intimacy of a private home.

Rising fourteen stories from the fabled sands of Miami Beach, 1500 Ocean Drive offers 1,2, and 3 bedrooms condos. Ranging from 940 to 2,320 square feet, the condos have stunning ocean view.

• Full-time concierge
• 24 hour valet parking
• Fitness center
• Sauna, massage and steam room
• Heated pool/spa
• Ocean room/ billiards/ game room
• 24 hour room service.

For any questions about South Beach Real Estate contact Miami Residence Realty - South Beach Real Estate Agent.
Call today 305-751-1000

For any questions about Miami Beach Real Estate contact Miami Residence Realty - Miami Beach Real Estate Agent.
Call today 305-751-1000