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$1,590,000
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Property Description
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 Mother of Pearl pool & hot tub, social events & fitness program in season, climate-controlled storage plus 24 hr security and valet.
Full Property Details
Full Property Details for 1500 Ocean Dr #507
General
- Price: $1,590,000
- HOA FEE: $2,082/month
- Taxes: $19,677 (2024)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11884734
- Updated: 11/9/2025
- Added to Site: 114 day(s) ago
Interior
- Interior Features: Lobby, Built-in Features, Walk-In Closet(s)
- Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Primary Bath Shower
Other Rooms
- Dining Room: Family/Dining Combination
Additional Information
- Shared Amenities: Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Other, Pool, Spa/Hot Tub
- Maint. Includes: Cable Tv, Common Area, Hot Water, Internet/WiFi, Landscaping/Lawn Maintenance, Other Maintenance Includes, Outside Maintenance, Parking, Pool Service, Trash Removal, Water
- Security/Safety: Doorman, Elevator Secure, Secured Garage/Parking
Exterior
- Exterior Features: East Of Us1, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Covered, Guest, Valet
Location
- Area: 1500 Ocean Drive Condo
- County: Miami-Dade County
- Subdivision: 1500 OCEAN DRIVE CONDO
- Building Name: 1500 OCEAN DRIVE CONDO
School Information
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: 1500 Ocean Drive Condo
- Association: Yes
- Units Assoc/Comm: 113
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Detached
- Construction: Other, Stucco
- Entry Floor Number: 5
- Building Size: 1170
- Square Feet: 1,170
- Living Area: 1,170 Sq. Ft.
- Year Built: 1998
Unit Information
- Units in Complex: 113
Lot Features
- Property View: Ocean View, Other View
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Access
Financial Considerations
- Price Per Sq. Ft.: $1,358.97
- Association Fee: $2,082
- Assoc Fee Freq.: Monthly
- Tax Amount: $19,677
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 1500 OCEAN DRIVE CONDO UNIT 507 UNDIV 0.6339% INT IN COMMON ELEMENTS OFF REC 18368-1130 COC 23643-4524 04 2005 4
- Restrictions: No Daily Rentals, Ok To Lease, Okay To Lease 1st Year, See Broker Remarks
- Inclusions: None
- Property ID: 02-32-34-118-0670
Listed by One Sotheby's Int'l Realty
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Price & Sales History for 1500 Ocean Dr #507
Date
Details
Price
Change
Source
11/09/2025
Price Reduced
$1,590,000
-3.05%
MLS
9/25/2025
Listed
$1,640,000
52.56%
MLS
7/10/2013
Sold
$1,075,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1500 Ocean Dr #507
Year
Property Taxes
Change
Tax Assessment
Change
2024
$19,677
9%
$1,047,123
10%
2023
$17,988
1%
$951,930
—
2022
$17,886
2%
$951,930
5%
2021
$17,505
-8%
$906,600
-8%
2019
$19,096
-2%
$985,400
-5%
2018
$19,505
-6%
$1,037,288
-5%
2017
$20,793
-3%
$1,091,882
—
2016
$21,514
7%
$1,096,647
10%
2015
$20,097
9%
$996,952
10%
2014
$18,414
12%
$906,320
16%
2013
$16,505
—
$778,261
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1500 Ocean Dr #507
1500 Ocean Dr #507, Miami Beach, FL 33139 (MLS# A11884734) is a Condo property with 2 bedrooms and 2 full bathrooms. 1500 Ocean Dr #507 is currently listed for $1,590,000 and was received on September 25, 2025. Want to learn more about 1500 Ocean Dr #507? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

