Condominium

1500 Ocean Dr # 507

1500 Ocean Dr # 507, Miami Beach FL 33139 Get directions

$1,390,000

For Sale
Price cut: $35,000 (−2.5%)

2 Beds · 2 Baths · 1,170 SqFt

See estimated monthly cost

This listing is courtesy of One Sotheby's International Realty. Carolina Lara-Arashiro

Overview

Located in Ocean Drive's beloved Art Deco building - 1500 Ocean Drive. This spacious NW corner unit features 1 bedroom (2nd bedroom was opened into a larger living area), 2 bathrooms, W/D, beautiful marble floors, open kitchen with Italian cabinets, top of the line appliances, custom closets, lighting & electric shades. Amenities and Services include: Private Beach lounge service, state-of-the-art gym with Peloton bike, new pool & hot tub, social events & fitness program in season, climate-controlled storage plus 24 hr security and valet.

Facts & features

Interior

Living area (sq ft)
1,170
Full bathrooms
2
  • Lobby
  • Built-in Features
  • Walk-In Closet(s)

Building & exterior

Year built
1998
Garage spaces
1
Covered spaces
1
Waterfront
Yes
  • Ocean View
  • Other View
  • Ocean Access
  • East Of Us1
  • Open Balcony
  • Covered
  • Guest
  • Valet

HOA (homeowners association)

Association fee
$2,124 per month
Pets allowed
Yes
  • Billiard Room
  • Clubhouse-Clubroom
  • Elevator(s)
  • Exercise Room
  • Heated Pool
  • Other
  • Pool
  • Spa/Hot Tub
  • No Daily Rentals
  • Ok To Lease
  • Okay To Lease 1st Year
  • See Broker Remarks
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$19,089
Tax year
2025
Parcel number
02-32-34-118-0670

Assigned schools

Middle
Nautilus
High
Miami Beach

Listing

MLS number
A12018993
Property type
Condominium
Price per SqFt
$1,188
Subdivision
1500 OCEAN DRIVE CONDO
On market since
May 14, 2026
Days on market
123

Price history

Date Event Price Change
May 14, 2026 Listed $1,425,000 —
Sep 14, 2026 Price change $1,390,000 −$35,000 (−2.5%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$11,786 per month

Principal & interest (30 yr)
$7,029
Property tax
$1,591
Insurance (estimated)
$1,043
Association fee
$2,124

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.21 mi
  • Miami Beach Adult & Community Education Center Public · 0 · 0.25 mi
  • Lincoln-Marti Community Agency 41 Private · PK-03 · 0.62 mi
  • Miami Beach Senior High Public · 9-12 · 0.80 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.82 mi
  • Rabbi Alexander S. Gross Hebrew Academy Private · PK-12 · 0.92 mi

Similar homes nearby

Active listings within two miles, with a comparable size and price.

Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Request a tour
WhatsApp
Contact Us