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1500 Ocean Dr #507

$1,390,000

2 bd · 2 ba · 1,170 sqft · 1500 Ocean Drive · South Beach

14% below 1500 Ocean Drive’s asking median $/sqftPrice cut -2% · was $1,425,000
Negotiation read: On the market 123 days — longer than this building’s typical ~75 · Already reduced 2% from the original ask.
Status
For sale
Price per sqft
$1,188/sqft
HOA
$2,124/mo
Year built
1998
Floor
5
Parking
1
Furnished
View
Ocean View, Other View
Waterfront
Yes
Days on market
123
Listed
May 14, 2026
MLS #
A12018993

About this unit

Located in a beloved Art Deco building on Ocean Drive, this spacious northwest corner unit features marble floors and an open kitchen with Italian cabinets and high-end appliances. The layout includes one bedroom and two bathrooms, with a second bedroom that has been opened into a larger living area. Additional features include custom closets, custom lighting, and electric shades, as well as an in-unit washer and dryer. Building amenities and services include a state-of-the-art gym with a Peloton bike, a new pool and hot tub, and a private beach lounge service. Residents also have access to a fitness program, social events during the season, 24-hour security, valet parking, and climate-controlled storage

Listing courtesy of One Sotheby's International Realty — Carolina Lara-Arashiro (Lic. #3239403) · MLS #A12018993 · Updated Sep 14, 2026

Neighborhood & lifestyle

What's around this home in South Beach — transit, parks, dining and landmarks within reach.

Nearby & transit
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way

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