1500 Ocean Drive condo

1500 Ocean Dr.
Miami Beach, FL 33139

Neighborhood:
Buy a condo in South Beach
Location:
Oceanfront
Occupancy:
Immediately
Year Built:
1998
Bedrooms:
1,2,3,4,5
Number of Units:
112
Stories:
16
Price Range:
$815,000 to $19,500,000
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1500 Ocean Dr.
Miami Beach, FL 33139

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1500 Ocean Drive Condo in Miami Beach superbly balances world-class design, luxury accommodation, convenience of location and an environment of natural and cultural treasures.

The first condominium on Miami Beach to engage the design capabilities of a renowned architect of world stature, 1500 Ocean Drive owes its signature profile and detail to the celebrated Michael Graves. Graves has managed to create a remarkable harmony of exterior design and interior features that speak of beauty, luxury and ease. Elegant colonnades rise from the beach. Residents are embraced by splashing fountains and waterfalls in the public spaces. The individual interiors reflect a thorough understanding of how to integrate fine design detail and amenities expected of a luxury accommodation limited to 111 units.

Rising fourteen stories from the fabled sands of Miami Beach, 1500 Ocean Drive offers 1, 2, and 3 bedrooms condos. If you are looking to buy at 1500 Ocean Drive, you can choose between 940 to 2,320 square feet. All the condos have stunning ocean views.

Units boast spacious terraces accessed by floor-to-ceiling sliding glass doors. Kitchens are furnished with built-in refrigerator-freezers, convection ovens, and granite countertops. Master baths feature whirlpool tubs, marble flooring, marble slab vanities, and designer faucet fixtures.

Service and security are immediately announced. A full-time concierge and 24-hour valet parking is complemented with poolside attendants and 24-hour room service.

Located in the famed Art Deco District, a destination of professional photographers from around the world, 1500 Ocean Drive has since 1999 put buyers within walking distance of vibrant beachfront bistros, Lincoln Road, theater, ballet, museums, movies and exciting South Beach nightlife and dining. Just minutes away are golf courses, tennis courts and marinas. Purchasing a condo in this luxury oceanfront residence means having within instant reach from their individual terraces the unique blend of the Miami skyline, the incomparable expanse of the Atlantic Ocean and the comfort of living in one of the world’s finest luxury accommodations.

In the same South Beach neighborhood you could also check out the Bentley Bay Condo North Tower.

Here are some tips if you are looking to buy a condo at 1500 Ocean Drive Condo:

The 1500 Ocean Drive condo is definitely the condo with the best location in Miami Beach. Ocean Drive is synonymous with cool strips where all the touristy restaurants are and the view of the ocean is simply amazing! The sales inside this building have reached its maturing stage, there are only 112 units in the building and most of them were newly bought in 2011 and up to 2015. In fact, there is only one condo bought this year. It is unit 1001 at $3,000,000.

Here is the truth though, this condo might be in a prime location but the building is old. Some units require TLC but the unit’s value is definitely indisputable. You might need to invest in a little bit money more than usual because the average price listed here inside the 1500 Ocean Drive is $1,326.17/sqft which is great for an ocean front unit.

We are actually going to jump off straight to the units that we know for sure is the crème de la crème which the 01 and 02 unit line. They are the three bedrooms facing the beautiful ocean. Thankfully enough, all units on these lines are renovated and unique by their own. The best unit goes to unit 601 which is priced at $3,100,000. Unit 401 which is a lower unit has another competitive edge, it has a large terrace where you can enjoy a day inside your own Jacuzzi. Now if you do want to buy two bedrooms in the 1500 Ocean Drive condo, consider unit 1207 which is listed at 1,495,000. Keep in mind that there is little room for negotiation because the owners bought this unit at $1,137,500 four years ago.

BUILDING AMENITIES

Michael Graves signature architecture and design
Full-time concierge
24 hour valet parking
State-of-the-art fitness center
Sauna, massage and steam room
Heated pool/spa
Beach chairs and umbrella service
Poolside and beach lunch menu
Ocean room / billiards / game room
24 hour room service
Complimentary fitness trainer
Complimentary yoga classes
Air-conditioned bicycle storage
Private storage bins
Wireless high speed Internet access

1500 OCEAN DRIVE CONDO FEATURES

General
Spacious terraces with decorative railings
Floor-to-ceiling tinted sliding glass doors
Floor-to-ceiling tinted windows for energy efficiency
Over-sized walk in closets
Textured ceilings
Solid wood core stained entry door
Pre-wired for individual computerized alarms
Polished chrome privacy lockset with deadbolt
Energy-efficient self-controlled air conditioning and heating

Kitchen
Sub-Zero 36
KitchenAid 27
KitchenAid 208V Ceran radiant cooktop
KitchenAid quiet scrub dishwasher
Custom Snaidero wood European cabinetry
Faber Agio-style range hood
Franke stainless steel double bowl sink with Grohe pull-out spray
Granite countertops
Separate laundry room with Maytag large capacity washer and dryer

Bathroom
Jacuzzi whirlpool bath with designer faucet and hand-held shower spray
Glass-enclosed marble showers
Imported marble double vanity top slab with backsplash
Marble flooring
Porcelain lavatory with faucet in polished chrome
Elongated water closet
Bidet with designer faucets in polished chrome
Designer color choices

OTHER BUILDING INFO

Pets: Domesticated, no weight limit. No pit bulls.
Parking: Covered & gated, plus valet for owners & guests
Rental Policy: Minimum 3 months
Architect: Michael Graves, Architects
Developer: Constructa, Inc

1500 Ocean Drive condo List of All Available Apartments for Sale

1 BEDROOM CONDOS FOR SALE

Save property Unit # Price Price per sq.ft. sq.ft. BR/BA Maint List Date Images Plan More Info
  1009 $875,000 $931 940 1/2/0 $1,237 Photos Plan Details

2 BEDROOMS CONDOS FOR SALE

Save property Unit # Price Price per sq.ft. sq.ft. BR/BA Maint List Date Images Plan More Info
  1207 $1,495,000 - - 2/2/0 $1,461 Photos Plan Details
  905 $1,850,000 - - 2/3/1 $1,780 Photos Plan Details
  1106 $2,000,000 - - 2/3/1 - Photos Plan Details

3 BEDROOMS CONDOS FOR SALE

Save property Unit # Price Price per sq.ft. sq.ft. BR/BA Maint List Date Images Plan More Info
  1203 $2,000,000 $1149 1740 3/3/0 $2,268 Photos Plan Details
  1101 $2,850,000 $1228 2320 3/4/1 - Photos Plan Details
  901 $3,000,000 $1293 2320 3/4/1 $2,880 Photos Plan Details
  1202 $3,350,000 - - 3/4/1 $3,000 12/31/1969 Photos Plan Details
  1201 $3,500,000 $1509 2320 3/4/1 $2,950 Photos Plan Details
  T8 $6,500,000 - - 3/4/0 $3,996 Photos Request Details

4 BEDROOMS CONDOS FOR SALE

Save property Unit # Price Price per sq.ft. sq.ft. BR/BA Maint List Date Images Plan More Info
  UPH-2 $7,870,000 $1700 4630 4/6/0 $6,020 Photos Request Details

5 BEDROOMS CONDOS FOR SALE

Save property Unit # Price Price per sq.ft. sq.ft. BR/BA Maint List Date Images Plan More Info
  T1 $19,500,000 - - 5/6/2 $8,336 Photos Request Details
 Price reduction within the last 60 days
 Price increase within the last 60 days
 Just listed condos
 Foreclosure
 Shortsale

1500 Ocean Drive condo floor plans

Model Apt No. Beds & Baths sq.ft. # Of Units Available for sale floor plans
01 01 (All Floors) 3/4/1 2320 5 Download
02 02 (All Floors) 3/3/1 2320 1 Download
03 03 (All Floors) 3/3/0 1736 2 Download
04 04 (All Floors) 0/0/0 1736 0 Download
05 05 (All Floors) 2/3/1 1 Download
06 06 (All Floors) 2/2/1 1529 1 Download
07 07 (All Floors) 2/2/0 1 Download
08 08 (All Floors) 2/2/0 1170 0 Download
09 09 (All Floors) 1/2/0 940 3 Download

1500 Ocean Drive condo Statistics

Total units in the building: 112

Total units for sale (click to view): 12

Units Currently Available for Sale at 1500 Ocean Drive condo

Average price per square foot: $4,387.69

Sold Unit Statistics

Number of condos sold in 2017: 1

Number of condos sold in 2018 to date: 1

Average price per square foot in 2017: $894

Average price per square foot in 2018 to date: $1,293

1500 Ocean Drive condo Reviews

Reviews Summary for 1500 Ocean Drive condo

Total number of reviews: 2

Last reviewed on: 07 September, 2015 14:57

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Reviews for 1500 Ocean Drive condo

Reviewed by daniela pellicciottiReview posted on 07 September, 2015 14:57

(8 out of 10)

Wonderful location but the amenities are not that great

Reviewed by Nicolas HumeauReview posted on 15 November, 2013 12:27

(10 out of 10)

Great condo

1500 Ocean Drive condo - List of All Sold Apartments

Unit # List Price Sold Price Sold $ / s.f. Beds & Baths sq.ft. Closed Date
407 $1,200,000 $1,044,000 - 2/2/0 - 06/06/2018
1001 $3,900,000 $3,000,000 $1,293 3/3/1 2320 03/01/2018
610 $849,000 $840,000 $894 1/2/0 940 04/19/2017
1210 $875,000 $735,000 $782 1/2/0 940 11/15/2016
801/2 $6,495,000 $6,250,000 $1,347 5/5/1 4640 09/06/2016
907 $1,500,000 $1,412,500 $1,207 2/2/0 1170 04/18/2016
PH-07 $1,575,000 $1,500,000 $1,282 2/2/0 1170 12/03/2015
1007 $1,475,000 $1,440,000 $1,231 2/2/0 1170 11/16/2015
908 $1,675,000 $1,640,000 $1,402 2/2/0 1170 09/16/2015
703 $1,700,000 $1,700,000 $977 2/3/0 1740 07/03/2015
PH-05 $1,849,000 $1,800,000 $1,176 2/2/1 1530 06/26/2015
PH-04 $2,250,000 $2,000,000 $1,149 2/3/0 1740 02/13/2015
610 $799,000 $790,000 $840 1/1/1 940 01/14/2015
908 $1,545,000 $1,450,000 $1,239 2/2/0 1170 09/10/2014
1201 $4,000,000 $3,800,000 $1,638 3/3/1 2320 07/30/2014
1109 $795,000 $765,000 $814 1/2/0 940 12/20/2013
1207 $1,390,000 $1,137,500 $972 2/2/0 1170 11/26/2013
UPH-9 $825,000 $790,000 $840 1/2/0 940 11/22/2013
907 $1,390,000 $1,325,000 $1,132 2/2/0 1170 11/20/2013
1106 $1,750,000 $1,650,000 $1,078 2/2/1 1530 11/01/2013
410 $639,000 $625,000 $665 1/2/0 940 10/04/2013
908 $1,495,000 $1,217,500 $1,041 2/2/0 1170 09/05/2013
701 $3,250,000 $3,050,000 $1,315 3/3/1 2320 08/02/2013
509 $669,000 $645,000 $686 1/2/0 940 07/26/2013
PH-09 $795,000 $760,000 $809 1/2/0 940 07/15/2013
507 $1,100,000 $1,075,000 $919 2/2/0 1170 07/10/2013
809 $690,000 $675,000 $718 1/1/1 940 06/24/2013
1203 $1,645,000 $1,600,000 $920 3/3/0 1740 05/20/2013
604 $1,675,000 $1,595,000 $917 2/3/0 1740 04/18/2013
PH-10 $789,000 $746,500 $794 1/2/0 940 04/15/2013
UPH-8 $1,375,000 $1,320,000 $1,128 2/2/0 1170 04/09/2013
1008 $1,350,000 $1,212,500 $1,036 2/2/0 1170 02/28/2013
1102 $2,895,000 $2,750,000 $1,185 3/3/1 2320 02/25/2013
1201 $3,195,000 $2,850,000 $1,228 3/3/1 2320 02/08/2013
704 $1,625,000 $1,525,000 $876 2/3/0 1740 12/18/2012
908 $1,300,000 $1,146,000 $979 2/2/0 1170 12/11/2012
502 $2,695,000 $2,500,000 $1,078 3/3/1 2320 09/19/2012
509 $599,000 $575,000 $612 1/2/0 940 09/12/2012
UPH-7 $1,399,000 $1,300,000 $1,111 2/2/0 1170 08/31/2012
804 $1,600,000 $1,450,000 $833 2/2/1 1740 08/30/2012
1106 $1,565,000 $1,150,000 $752 2/2/1 1530 08/03/2012
1109 $695,000 $650,000 $691 1/2/0 940 07/16/2012
1110 $650,000 $585,000 $622 1/2/0 940 06/20/2012
409 $599,000 $580,000 $617 1/2/0 940 05/29/2012
1209 $695,000 $650,000 $691 1/1/1 940 04/23/2012
905 $1,495,000 $1,275,000 $833 2/2/1 1530 04/10/2012
1005 $1,385,000 $1,250,000 $817 2/2/1 1530 04/05/2012
603 $1,535,000 $1,450,000 $833 3/3/0 1740 01/03/2012
910 $650,000 $550,000 $585 1/2/0 940 11/04/2011
UPH-3 $1,799,000 $1,625,000 $934 2/3/0 1740 10/14/2011
UPH-10 $670,000 $550,000 $585 1/2/0 940 05/31/2011
1001 $2,895,000 $2,745,000 $1,183 3/3/0 2320 04/22/2011
1007 $999,000 $800,000 $684 2/2/0 1170 04/04/2011
710 $595,000 $535,000 $569 1/2/0 940 03/31/2011
405 $1,250,000 $1,040,000 $680 2/2/1 1530 03/16/2011
PH-8 $1,100,000 $975,000 $833 2/2/0 1170 03/04/2011
706 $1,300,000 $975,000 $637 2/2/1 1530 01/25/2011