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ActiveFor sale

1500 Ocean Dr # 05, Miami Beach FL 33139, Miami Beach

$2,300,000

Miami Beach, FL, 33139

1500 Ocean Dr # 05, Miami Beach FL 33139 — photo 1
1500 Ocean Dr # 05, Miami Beach FL 33139 — photo 21500 Ocean Dr # 05, Miami Beach FL 33139 — photo 31500 Ocean Dr # 05, Miami Beach FL 33139 — photo 41500 Ocean Dr # 05, Miami Beach FL 33139 — photo 51500 Ocean Dr # 05, Miami Beach FL 33139 — photo 61500 Ocean Dr # 05, Miami Beach FL 33139 — photo 71500 Ocean Dr # 05, Miami Beach FL 33139 — photo 81500 Ocean Dr # 05, Miami Beach FL 33139 — photo 91500 Ocean Dr # 05, Miami Beach FL 33139 — photo 101500 Ocean Dr # 05, Miami Beach FL 33139 — photo 111500 Ocean Dr # 05, Miami Beach FL 33139 — photo 12

Property details

Bedrooms
2
Bathrooms
2
Living area
1,530 sqft
Year built
1998
Type
Condominium
Association fee
$0 / monthly
Days on market
59
MLS #
A11997096

Listing courtesy of One Sotheby's International Realty · MLS@onesothebysrealty.com. Listing agent: Ines Flax. MLS data last updated 2026-04-08.

Description

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.

1500 Ocean Dr # 05, Miami Beach FL 33139, Miami Beachfor sale, listed for $2,300,000 (2 bed, 2 bath, 1,530 sqft).

Price-reduction climate

33% of 280 active 2-bed listings for sale in 33139 are listed below their original asking price.

n=280 · 2026-07-29 · Methodology

Closest-priced alternatives

The 4 active listings closest in price within the same market segment:

ZIP vs city price level

Active listings like this in ZIP 33139 show a median asking $881/sqft — 25.9% above the Miami Beach median asking of $700/sqft.

n=276 · 2026-07-29 · Methodology

Run the numbers

Availability in 1500 OCEAN DRIVE CONDO

16 listings are currently active in this building across 14 distinct units (3 × 1-bed, 9 × 2-bed, 4 × 3-bed).

n=16 · 2026-07-29 · Methodology

Fresh on the market

We recorded 4 2-bed listings for sale in 33139 arriving on the market across the last 1 observed weeks with entry asking prices $399,000–$3,500,000.

n=4 · 2026-07-29 · Methodology

Browse this price segment

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Market intelligence recomputed weekly from the full live MLS feed · 2026-07-29 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.