8 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)	$878 ($9,447)	$825,000 3%	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
	905	2/2.5	1,530 ft2 (142m2)	$1,141 ($12,276)	$1,745,000 3%	Apr 08, 19	15
	1208	2/2	1,170 ft2 (109m2)	$1,368 ($14,720)	$1,600,000	Apr 27, 20	26
	1105	2/2.5	n/a	$0 ($0)	$1,500,000	May 07, 20	34

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	32
	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.

21 for Rent

Studios for Rent in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	404	0/1	540 ft2 (50m2)	$6 ( $60)	$3,000	Apr 13, 2020	11

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
	PH-10	1/2	940 ft2 (87m2)	$4 ( $46)	$4,000	Jul 17, 2020	14
	1010	1/2	940 ft2 (87m2)	$4 ( $44)	$3,800 5%	Apr 22, 2020	38
	1009	1/2	940 ft2 (87m2)	$4 ( $42)	$3,700	Jul 20, 2020	27
	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
	UPH-4	2/3	1,740 ft2 (162m2)	$5 ( $49)	$8,000	Jul 10, 2020	22
	602	2/2.5	1,800 ft2 (167m2)	$4 ( $42)	$7,000	May 25, 2020	41
	707	2/2	1,170 ft2 (109m2)	$6 ( $60)	$6,500	Mar 02, 2020	16
	808	2/2	1,170 ft2 (109m2)	$5 ( $59)	$6,400	Aug 06, 2020	38
	1208	2/2	1,170 ft2 (109m2)	$5 ( $55)	$6,000	Apr 27, 2020	26
	508	2/2	1,170 ft2 (109m2)	$5 ( $53)	$5,800	Nov 08, 2019	20
	504	2/3	1,740 ft2 (162m2)	$3 ( $36)	$5,800 11%	Jun 16, 2020	13
	607	2/2	1,170 ft2 (109m2)	$5 ( $51)	$5,500	May 16, 2020	28

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
	601	3/3.5	2,320 ft2 (216m2)	$5 ( $56)	$12,000	Jul 27, 2020	42
	702	3/3	2,320 ft2 (216m2)	$4 ( $42)	$9,000	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

5 Bedroom Units for Rent in 1500 Ocean Drive

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	T1	5/7	4,586 ft2 (426m2)	$20 ( $211)	$90,000	Apr 23, 2020	21

Statistics

8 of 113 for Sale (7%)

• Avg. List Price

  $2,401,250

• Avg. Price / SQ. FT.

  $1,812

• Highest Priced

  $6,500,000

• Avg. days on market

  487

21 of 113 for Rent (19%)

• Avg. List Price

  $11,267

• Avg. Price / SQ. FT.

  $7

• Highest Priced

  $90,000

• Avg. days on market

  199

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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)
2018-11-26 901 $3,000,000 $2,900,000 3% 2,320 ft2 (216m2) 3/3.5 $1,250($13,455)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
4 Bedroom Apartmnets Sold in 1500 Ocean Drive
2018-11-16 UPH-2 $7,870,000 $5,950,000 24% 4,630 ft2 (430m2) 4/6 $1,285($13,833)

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