9 for Sale

1 Bedroom Units for Sale in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	1010	1/2	940 ft2 (87m2)	$904 ($9,733)	$850,000	Sep 15, 19	38
	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
	1106	2/2.5	1,530 ft2 (142m2)	$1,307 ($14,070)	$2,000,000 9%	Jan 03, 18	34
	904	2/3	1,740 ft2 (162m2)	$1,149 ($12,372)	$2,000,000 9%	Apr 24, 19	33
	905	2/2.5	1,530 ft2 (142m2)	$1,141 ($12,276)	$1,745,000 3%	Apr 09, 19	15
	1005	2/2.5	1,530 ft2 (142m2)	$980 ($10,553)	$1,500,000	Jul 10, 19	20

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)	$1,509 ($16,239)	$3,500,000	Feb 21, 20	33
	601	3/3.5	n/a	$0 ($0)	$2,750,000	Nov 01, 19	51

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.

10 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
	810	1/2	940 ft2 (87m2)	$4 ( $41)	$3,600	Mar 19, 2020	29
	509	1/2	940 ft2 (87m2)	$4 ( $40)	$3,500	Mar 16, 2020	31

2 Bedroom Units for Rent in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	707	2/2	1,170 ft2 (109m2)	$6 ( $60)	$6,500	Mar 02, 2020	16
	508	2/2	1,170 ft2 (109m2)	$5 ( $53)	$5,800	Nov 08, 2019	20

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
	1201	3/3.5	2,320 ft2 (216m2)	$6 ( $70)	$15,000	Mar 02, 2020	33
	702	3/3	2,320 ft2 (216m2)	$5 ( $56)	$12,000 20%	Aug 16, 2019	16
	503	3/3	1,740 ft2 (162m2)	$4 ( $43)	$7,000	Jan 27, 2020	11
	704	3/3	1,740 ft2 (162m2)	$4 ( $43)	$7,000	Mar 19, 2020	33

Statistics

9 of 113 for Sale (8%)

• Avg. List Price

  $2,403,889

• Avg. Price / SQ. FT.

  $1,520

• Highest Priced

  $6,500,000

• Avg. days on market

  483

10 of 113 for Rent (9%)

• Avg. List Price

  $9,940

• Avg. Price / SQ. FT.

  $6

• Highest Priced

  $35,000

• Avg. days on market

  226

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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 in Last 12 Months

Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
1 Bedroom Apartmnets Sold in 1500 Ocean Drive
2019-08-29 PH-09 $890,000 $850,000 4% 940 ft2 (87m2) 1/2 $904( $9,733)
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
2018-06-06 1202 $3,350,000 $2,900,000 13% 2,320 ft2 (216m2) 3/3.5 $1,250($13,455)
2018-11-25 1101 $2,850,000 $2,850,000 2,320 ft2 (216m2) 3/3.5 $1,228($13,223)
2018-11-26 901 $3,000,000 $2,900,000 3% 2,320 ft2 (216m2) 3/3.5 $1,250($13,455)
2018-10-08 1203 $2,000,000 $1,750,000 13% 1,740 ft2 (162m2) 3/3 $1,006($10,826)

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