1500 Ocean Drive
1500 Ocean Drive is a 14-story oceanfront condominium at 1500 Ocean Drive in Miami Beach's South Beach neighborhood, completed in 1998 with 113 residences. The building was designed by internationally renowned postmodernist architect Michael Graves, with Robert Swedroe as associate architect, making it one of the first Miami Beach condominiums developed around a signature architect; its angled plan and cylindrical, beach-facing tower were conceived to give residences ocean views, while the facade's colors and forms draw on the adjacent historic Art Deco Historic District. Amenities include direct private beach access with lounge chairs and towel service, a heated pool with jacuzzi, a state-of-the-art fitness center with sauna and steam room, a social room, barbecue area, and climate-controlled bike and storage rooms, supported by a dedicated on-site staff. The building sits directly on the sand in the heart of the largest Art Deco historic district in the United States, an area known for its high walkability and proximity to Ocean Drive's restaurants, nightlife, and Lummus Park beachfront.
Amenities
- Private beach access with chaise lounges, cabanas, and towel service
- Heated swimming pool
- Jacuzzi/spa
- State-of-the-art fitness center/gym
- Sauna
- Steam room
- Massage room
- Social room
- Barbecue (BBQ) area
- Pool table and card tables
- Climate-controlled bike storage
- Climate-controlled storage rooms
- 24-hour valet parking
- Full-time concierge
- 24-hour security
- Dedicated professional on-site staff
| Unit | Floor | Beds | Baths | Sq Ft | Floorplan |
|---|---|---|---|---|---|
| Residences | |||||
| Uncg Kaplan | — | — | — | — | View |
Floor plans courtesy of the developer; dimensions are approximate and subject to change.
1500 Ocean Drive sits directly oceanfront in Miami Beach's South Beach, within the largest historic Art Deco district in the United States, an area known for its very high walkability. The location places residents steps from Ocean Drive's restaurants and nightlife as well as the public beach and Lummus Park.
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Miami Beach, FL 33139
Available Residences at 1500 Ocean Drive
3 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 1201 | $4,800,000 | 3 / 4 / 1 | 2,320 | $2,069 | 158 |
| 1003 | $2,998,000 | 3 / 3 | 1,740 | $1,723 | 337 |
2 Bedroom Condos · 4 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 05 | $2,300,000 | 2 / 2 | 1,530 | $1,503 | 59 |
| 607 | $1,675,000 | 2 / 2 | 1,170 | $1,432 | 57 |
| 907 | $1,575,000 | 2 / 2 | 1,170 | $1,346 | 232 |
| 507 | $1,425,000 | 2 / 2 | 1,170 | $1,218 | 23 |
1 Bedroom Condos · 1 unit
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 1109 | $1,250,000 | 1 / 2 | 940 | $1,330 | 225 |
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ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 1 Bed (1) 17%
- 2 Bed (4) 67%
- 3 Bed (1) 17%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of August 12, 2026, 1500 Ocean Drive carries 6 active listings at an average asking price of $1.9M, with an average time on market of 156 days. Closed sales over the preceding 36 months averaged $1,049 per sq ft, and 4 transactions closed in the past 12 months — implying 18 months of supply against the current pace of absorption.
Zip code 33139 (Miami Beach) is home to 34,406 residents with a median age of 42.1. Per-capita income stands at $88,782; 55.4% hold a bachelor's degree or higher. 33.9% of units are owner-occupied; 26.7% of residents work from home.
Data current as of August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — 1500 Ocean Drive
How many condos are for sale at 1500 Ocean Drive?
As of August 12, 2026, 6 residences are actively listed for sale at 1500 Ocean Drive. Current asking prices range from $1.3M to $3M. Inventory updates daily from the MLS.
How much do condos at 1500 Ocean Drive cost?
Condos at 1500 Ocean Drive are currently asking from $1.3M to $3M. Over the past 36 months, closed sales have averaged $1,049 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.
What is the average price per square foot at 1500 Ocean Drive?
Based on MLS closed sales over the preceding 36 months, the average sale price at 1500 Ocean Drive is $1,049 per square foot. Use this as a benchmark when comparing active listings in the building.
Where is 1500 Ocean Drive located?
1500 Ocean Drive is located at 1500 Ocean Dr, Miami Beach, FL, 33139, in the South Beach area.
What neighborhood is 1500 Ocean Drive in?
1500 Ocean Drive is in South Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across South Beach on its neighborhood guide.
How many units are in 1500 Ocean Drive?
1500 Ocean Drive has 113 residences across 14 stories.
What year was 1500 Ocean Drive built?
1500 Ocean Drive was completed in 1998.
What floor plans are available at 1500 Ocean Drive?
1500 Ocean Drive has 1 published floor plan. See the Floor Plans tab above for unit lines, dimensions, and layouts.
What amenities does 1500 Ocean Drive offer?
1500 Ocean Drive amenities include Private beach access with chaise lounges, cabanas, and towel service, Heated swimming pool, Jacuzzi/spa, State-of-the-art fitness center/gym, Sauna, Steam room, Massage room, Social room.