1500 Ocean Dr · Miami Beach, FL 33139 · South Beach
15-story tower, completed 1998, 113 residences in South Beach. 6 for sale and 3 for rent on Nov 2, 2026.
At a glance 1500 Ocean Drive (1500 Ocean Dr, South Beach) is a 15-story, 113-unit building completed in 1998. As of Nov 2, 2026, 6 units are for sale and 3 are for rent; the median closed price was $1,373 per square foot over 3 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.
6 photos from my condo archive
MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made
The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.
Unit 1003$2,998,000$1,723/SF3 bd · 3 ba · 1,740 sf352 days listed · listed by One Sotheby's International RealtyFull listing →
Unit PH-05$2,300,000$1,503/SF2 bd · 2 ba · 1,530 sf59 days listed · listed by One Sotheby's International RealtyFull listing →
Unit 707$1,800,000$1,538/SF2 bd · 2 ba · 1,170 sf1 day listed · listed by One Sotheby's International RealtyFull listing →
Unit 607$1,675,000$1,432/SF2 bd · 2 ba · 1,170 sf57 days listed · $2,124/mo HOA · listed by London Foster RealtyFull listing →
Unit 507$1,390,000$1,188/SF2 bd · 2 ba · 1,170 sf123 days listed · $2,124/mo HOA · listed by One Sotheby's International RealtyFull listing →
Unit 1210$1,385,000$1,473/SF1 bd · 2 ba · 940 sflisted today · $1,729/mo HOA · listed by SerhantFull listing →
Unit 702$12,000/mo$5.17/SF3 bd · 3 ba · 2,320 sf168 days listed · listed by The Corcoran GroupFull listing →
Unit PH-05$10,000/mo$6.54/SF2 bd · 2 ba · 1,530 sf1 day listed · listed by One Sotheby's International RealtyFull listing →
Unit 707$8,500/mo$7.26/SF2 bd · 2 ba · 1,170 sf83 days listed · listed by One Sotheby's International RealtyFull listing →Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139
Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.
Tap a unit to read its record here. Amber and white units open their listing page.
Closed $/SF figures use the 3 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.
The largest typical unit is line 02, a median 2,320 sf over 3 units seen, recorded with 3 bedrooms.
| Line | Units seen | Typical size | Beds | On the market | Closed $/SF · 24 mo |
|---|---|---|---|---|---|
| Line 01 | 2 | 2,320 sf | 3 | – | – |
| Line 02 | 3 | 2,320 sf | 3 | 1 | – |
| Line 03 | 2 | 1,740 sf | 3 | 1 | – |
| Line 04 | 5 | 1,740 sf | 2 | 1 | 1 sale, too few |
| Line 05 | 4 | 1,530 sf | 2 | 1 | 1 sale, too few |
| Line 06 | 2 | 1,530 sf | 2 | – | – |
| Line 07 | 6 | 1,170 sf | 2 | 4 | – |
| Line 08 | 2 | 1,170 sf | 2 | – | – |
| Line 09 | 4 | 940 sf | 1 | – | – |
| Line 10 | 5 | 940 sf | 1 | 2 | 1 sale, too few |
10 units in the record sit outside this grid (PH-01, PH-05, PH-09, PH-10, T1, T8, UPH-2, UPH-4, …): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.
How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.
Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made
1500 Ocean Drive rises 15 floors at 1500 Ocean Dr in South Beach and was completed in 1998. County folio records count 113 residences, averaging 1,617 SF of living area. The condo archive records it as waterfront (ocean).
Six units were for sale on November 2, 2026, asking $1.4M to $3M (median ask $1,488/SF across 6 listings). Three sales closed between November 2, 2025 and November 2, 2026, from $1.5M to $2.8M, a median $1,373/SF, after a median 29 days on the market. The year before saw one closed sale. Across 25 recorded sales since 2020, the best year by median price per square foot was 2026, at $1,373 over 3 sales. That 12-month median ranks 16th of the 83 South Beach buildings with at least three sales in the same window.
Three units were offered for rent at $8,500 to $12,000 a month. 12 leases were signed over the same 12 months, at a median $8,750 a month (range $5,000 to $30,000). Leases outnumbered sales 4 to 1 over that year, so renters are a large share of who lives here.
County records show 33% of residences as owner-occupied, which points to an investor-heavy ownership base. Association rules on file: pets yes (owners & tenants); no short-term rentals; minimum lease 3 months; up to two leases a year. The association is managed by Marquis Association Management. I have five of its association documents on file, including the Declaration of Condominium and the Amendments to the Declaration.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
Every sale and lease the MLS has recorded at this address, sales first.
Every recorded sale at this address, 2020 to 2026. Count in the tooltip.
Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.
| Year | Sales | Median $/SF | Leases | Median rent |
|---|---|---|---|---|
| 2026 (to date) | 3 | $1,373 | 6 | $6,500/mo |
| 2025 | 1 | $1,117* | 15 | $9,000/mo |
| 2024 | 3 | $819 | 8 | $8,000/mo |
| 2023 | 2 | $1,316* | 16 | $6,450/mo |
| 2022 | 7 | $1,063 | 12 | $7,000/mo |
| 2021 | 6 | $1,145 | 9 | $5,500/mo |
| 2020 | 3 | $908 | 16 | $8,000/mo |
| 2019 | – | – | 8 | $6,000/mo |
* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.
Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.
Medians need three or more sales. How these numbers are made
Median closed $/SF in 2020: $908 (3 sales). In the last 12 months: $1,373 (3 sales). Change: +51%.
This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.
Get your unit's value →| Unit | BD | BA | SF | Asked | Closed | $/SF | Close date | DOM |
|---|---|---|---|---|---|---|---|---|
| 904 | 2 | 3 | 1,740 | $3,000,000 | $2,750,000 | $1,580 | May 26, 2026 | 24 |
| 705 | 2 | 2.5 | 1,530 | $1,600,000 | $1,512,000 | $988 | Apr 20, 2026 | 29 |
| UPH-5 | 2 | 2.5 | 1,530 | $2,500,000 | $2,100,000 | $1,373 | Mar 16, 2026 | 159 |
| 910 | 1 | 2 | 940 | $1,150,000 | $1,050,000 | $1,117 | Oct 31, 2025 | 120 |
| Unit | BD | BA | SF | Asked/mo | Leased/mo | $/SF/mo | Lease date | DOM |
|---|---|---|---|---|---|---|---|---|
| 505 | 2 | 2.5 | 1,530 | $7,500/mo | $7,000/mo | $4.58 | Sep 1, 2026 | 97 |
| 609 | 1 | 2 | 940 | $4,500/mo | $5,000/mo | $5.32 | Aug 10, 2026 | 126 |
| 708 | 2 | 2 | 1,170 | $5,500/mo | $5,500/mo | $4.70 | Jul 27, 2026 | 19 |
| 1202 | 3 | 3.5 | 2,320 | $20,000/mo | $20,000/mo | $8.62 | Jul 1, 2026 | 163 |
| 810 | 2 | 2 | 940 | $6,000/mo | $6,000/mo | $6.38 | Apr 1, 2026 | 337 |
| 1201 | 3 | 3 | 2,320 | $30,000/mo | $30,000/mo | $12.93 | Jan 15, 2026 | 50 |
| 705 | 2 | 2.5 | 1,530 | $8,500/mo | $8,500/mo | $5.56 | Dec 17, 2025 | 16 |
| 907 | 2 | 2 | 1,170 | $9,000/mo | $9,000/mo | $7.69 | Dec 15, 2025 | 14 |
| 706 | 2 | 2 | 1,530 | $9,500/mo | $9,500/mo | $6.21 | Dec 1, 2025 | 0 |
| 505 | 2 | 2.5 | 1,530 | $7,500/mo | $9,000/mo | $5.88 | Dec 1, 2025 | 36 |
| PH-05 | 2 | 2.5 | 1,530 | $9,000/mo | $9,000/mo | $5.88 | Dec 1, 2025 | 0 |
| 504 | 2 | 3 | 1,740 | $8,500/mo | $7,700/mo | $4.43 | Nov 25, 2025 | 0 |
Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made
The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.
Rules · verified
Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.
Documents
The documents most buyers and renters can't get until they're deep in a deal. Tap one and I'll send it with my read on what matters in it.
FEMA flood zone
Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.
FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗
Milestone structural inspection
Due by statute by December 31, 2028, 30 years after 1998, then every 10 years.
Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers
Nearby
The Georgian220 m away · Built 1980 · 10 floors6 for sale · 0 for lease
The Decoplage280 m away · Built 1965 · 17 floors36 for sale · 135 for lease
Collins View290 m away · Built 1981 · 6 floors0 for sale · 1 for leaseSmaller buildings close by: San Sebastian (480 m) · Harriet Court (550 m) · Marquesa (700 m) · The Park Vintage (700 m) · 735 (720 m) · 1344 Euclid Avenue (730 m)
Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.
Own here, or looking here
Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
