13 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
	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)	$1,141 ($12,276)	$1,745,000 3%	Apr 08, 19	15
	1005	2/2.5	1,530 ft2 (142m2)	$980 ($10,553)	$1,500,000	Jul 09, 19	20
	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
	601	3/3.5	n/a	$0 ($0)	$2,750,000	Nov 01, 19	51

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.

7 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
	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
	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	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
	702	3/3	2,320 ft2 (216m2)	$6 ( $70)	$15,000	Aug 16, 2019	16

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

13 of 113 for Sale (12%)

• Avg. List Price

  $3,788,077

• Avg. Price / SQ. FT.

  $1,677

• Highest Priced

  $19,500,000

• Avg. days on market

  438

7 of 113 for Rent (6%)

• Avg. List Price

  $22,871

• Avg. Price / SQ. FT.

  $8

• Highest Priced

  $90,000

• Avg. days on market

  456

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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