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1500 Ocean Drive Condos for Sale & Rent in Miami Beach

1500 Ocean Drive condos in Miami Beach, FL: 6 for sale from $1,385,000, rentals, recent sales, price per square foot and association fees from live MLS data, updated daily.

1500 Ocean Drive at a Glance

Address1500 OCEAN DR
Year built1998
Units for sale6
Asking prices$1,385,000 to $2,998,000
Median asking price per sq ft$1,488/sq ft
Median association fee$2,413/mo
Units for rent3
Median asking rent$10,000/mo
Sold in the last 12 months4
Median sold price$1,806,000
Sale price as % of list91.5%
Leased in the last 12 months12
Median leased rent$8,750/mo
Median leased rent per sq ft$5.88/sq ft
Average days to lease64 days
Leased rent as % of asking100%
Water frontageOcean Front
Pet policy (per listings)Yes, Pet Restrictions Possible

Source: BeachesMLS, every listing at the building's address; figures refresh daily. Not an appraisal.

About 1500 Ocean Drive

1500 Ocean Drive is a boutique condominium building on Ocean Drive in South Beach, facing Lummus Park. Its address is 1500 Ocean Drive, built in 1998 according to the MLS. Listings describe its water frontage as ocean front. This page gathers every unit the MLS shows at the building's address: the ones for sale, the rentals and the closings of the last twelve months.

1500 Ocean Drive Condos for Sale

6 units are for sale at 1500 Ocean Drive right now, from $1,385,000 to $2,998,000, at a median $1,488 per square foot, with 1 to 3 bedrooms. The median association fee on these listings is $2,413 a month; what it covers differs by building, so confirm it for the unit.

Recent Sales and Rentals at 1500 Ocean Drive

4 units closed in the last twelve months at a median $1,806,000 ($1,245 per square foot), at 91.5% of the asking price after 83 days on market. 3 units are for rent at a median $10,000 a month; the association sets the minimum lease term and the approval process.

Before You Buy at 1500 Ocean Drive

Florida requires milestone structural inspections and fully funded structural reserves for condominium buildings three stories and taller, so the building's inspection reports, its reserve study, the current budget and any special assessment matter as much as the unit. We also read the rules on leasing, pets, renovations and the association's approval process, and check the insurance and the flood zone, before you make an offer at 1500 Ocean Drive.

Units for Sale at 1500 Ocean Drive

Units for Rent at 1500 Ocean Drive

Recently Sold at 1500 Ocean Drive

Own a Condo at 1500 Ocean Drive?

A buyer working with BreakThru Realty may already be looking for a residence like yours. BreakThru Realty works with hundreds of prequalified buyers searching for properties. Request a review of recent sales at 1500 Ocean Drive, the competing listings in the building and your selling options, with no buyer named and nothing shared until you decide.

  • A value range built from comparable 1500 Ocean Drive sales, with the reasoning
  • Whether a buyer already working with BreakThru Realty is looking for a property like yours
  • The plan that reaches the rest of the market if no buyer on file fits
  • An estimate of your selling costs and what you would keep after closing

Explore My 1500 Ocean Drive Selling Options · Get My Miami Beach Home Value

Leased at 1500 Ocean Drive in the Last 12 Months

What units at the building actually rented for: each closed lease with the rent it closed at, the days it took and how it compared with the asking rent. Rental portals show asking rents; these are achieved rents from BeachesMLS.

1500 Ocean Drive: Frequently Asked Questions

How much do condos at 1500 Ocean Drive cost?
Units at 1500 Ocean Drive are listed from $1,385,000 to $2,998,000 right now, a median $1,488 per square foot. Over the last twelve months units closed at a median $1,806,000. Floor, view and renovation drive the spread; these figures refresh daily from the MLS.
What are the association fees at 1500 Ocean Drive?
The median association fee on current and recent listings at 1500 Ocean Drive is $2,413 a month. Fees vary by unit size and what the association covers, and older buildings may add special assessments for inspections and repairs, so we confirm the fee, the budget and any assessment for the specific unit.
Can I rent out a unit at 1500 Ocean Drive?
The 1500 Ocean Drive association decides: most South Florida condominiums set a minimum lease term, limit how many times a year a unit may be leased and require tenant approval, and some require an owner to hold the unit for a period first. 3 units are listed for rent in the building right now, which shows leasing is possible; we read the current rules before you buy.
Are pets allowed at 1500 Ocean Drive?
Listings at 1500 Ocean Drive describe the pet policy as "Yes, Pet Restrictions Possible". Weight, breed and number limits are set by the association and can change, so we confirm the current rule for your pet before you offer or apply.
How do I see a unit at 1500 Ocean Drive?
Request a showing from any listing on this page, or ask a BreakThru agent to arrange a private tour of the units for sale or for rent at 1500 Ocean Drive. We also compare the building with similar Miami Beach condominiums so you can see the choice side by side.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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