How much is 1500 Ocean Drive PH-05?

1500 Ocean Drive PH-05 is listed at $2,300,000, which is about $1,503 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 1500 Ocean Drive PH-05?

The listing reports an association fee of $2,702 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 1500 Ocean Drive PH-05?

The listing reports annual property taxes of $24,832 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 1500 Ocean Drive PH-05 built?

1500 Ocean Drive PH-05 was built in 1998 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 1500 Ocean Drive PH-05 been on the market?

1500 Ocean Drive PH-05 has been listed for 206 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 1500 Ocean Drive PH-05 waterfront?

Yes. The listing describes the water as deeded beach access ocean access. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 1500 Ocean Drive PH-05?

The MLS lists Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

1500 Ocean Drive PH-05, Miami Beach, FL 33139

$2,300,000 · Active

2 beds
2 baths
1,530 sq ft
Condominium
Built 1998
HOA $2,702/mo
2 garage spaces
Miami-Dade County
MLS# A11997096
1500 Ocean Drive Condo

Photo 1 at 1500 Ocean Drive PH-05, Miami Beach

Photo 2 at 1500 Ocean Drive PH-05, Miami Beach

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Photo 6 at 1500 Ocean Drive PH-05, Miami Beach

Photo 7 at 1500 Ocean Drive PH-05, Miami Beach

Photo 8 at 1500 Ocean Drive PH-05, Miami Beach

About this home

Discover the charm and warmth of this iconic oceanfront boutique condo, perfectly situated in the heart of the largest historic Art Deco district in America. This incredible penthouse apartment features 2 bedrooms, 2 bathrooms, and 2 designated parking spaces. Luxuriously appointed with marble floors and bathrooms, a custom kitchen, designer closets, and bespoke lighting, every detail is thoughtfully curated. The award-winning Michael Graves Condo offers unparalleled luxury amenities, including a private beach with chaise lounges, cabanas, towel service, and attentive staff. Additional features include a state-of-the-art gym, steam bath, sauna, massage room, a stunning mother-of-pearl lap pool with a jacuzzi, BBQ areas, pool table, card tables, air-conditioned storage, and communal bikes.

Features

Built-in Features
Pantry
Walk-In Closet(s)
Closet Cabinetry
Barbecue
Balcony
Deeded Beach Access
Ocean Access

Schools

Elementary: Miami Beach Fienberg / Fisher K-8
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

One Sotheby's International Realty · MLS@onesothebysrealty.com · Listing agent: Ines Flax

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1500 Ocean Drive PH-05.

Questions About 1500 Ocean Drive PH-05

How much is 1500 Ocean Drive PH-05?: 1500 Ocean Drive PH-05 is listed at $2,300,000, which is about $1,503 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 1500 Ocean Drive PH-05?: The listing reports an association fee of $2,702 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 1500 Ocean Drive PH-05?: The listing reports annual property taxes of $24,832 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1500 Ocean Drive PH-05 built?: 1500 Ocean Drive PH-05 was built in 1998 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1500 Ocean Drive PH-05 been on the market?: 1500 Ocean Drive PH-05 has been listed for 206 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 1500 Ocean Drive PH-05 waterfront?: Yes. The listing describes the water as deeded beach access ocean access. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 1500 Ocean Drive PH-05?: The MLS lists Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

Explore

Similar Homes Nearby

1500 Ocean Drive 707, Miami Beach, FL 33139 · $1,800,000 · 2 bd · 2 ba · 1,170 sq ft
1500 Ocean Drive 607, Miami Beach, FL 33139 · $1,675,000 · 2 bd · 2 ba · 1,170 sq ft
1500 Ocean Drive 1003, Miami Beach, FL 33139 · $2,998,000 · 3 bd · 3 ba · 1,740 sq ft
1500 Ocean Drive 507, Miami Beach, FL 33139 · $1,390,000 · 2 bd · 2 ba · 1,170 sq ft

Recently Sold Nearby

1500 Ocean Drive UPH-5, Miami Beach, FL 33139 · Sold $2,100,000 · 2 bd · 3 ba · 1,530 sq ft
1500 Ocean Drive 1101, Miami Beach, FL 33139 · Sold $2,700,000 · 3 bd · 4 ba · 2,320 sq ft
1500 Ocean Drive 904, Miami Beach, FL 33139 · Sold $2,750,000 · 2 bd · 3 ba · 1,740 sq ft
1500 Ocean Drive 804, Miami Beach, FL 33139 · Sold $1,850,000 · 3 bd · 3 ba · 1,740 sq ft

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Nearby Condo Buildings

The 2 bedroom condo at 1500 Ocean Drive 707, Miami Beach, FL 33139 is comparable and listed for sale at $1,800,000. Another comparable condo, 1500 Ocean Drive UPH-5, Miami Beach, FL 33139, sold for $2,100,000 in March 2026. Miami Beach neighborhoods include Lakeview and Bayshore. Nearby ZIP codes include 33109 and 33140. This property also neighbors Fisher Island, Miami, and North Bay Village. Compare it with the Miami Beach housing market report.