Listing Information

MLS Number: A11521959
Status: Active
Unit Number: 1003
Building Name: The Michael Graves
Building Address: 1500 Ocean Drive, Miami Beach, Miami-Dade, FL 33139
Unit Size: 1,740 sq ft
Bedrooms: 2
Full Bathrooms: 3
Half Bathrooms:
Parking: Assigned Parking,Covered Parking,Electric Vehicle Charging Station,Valet Parking
View:
List Price: $3,000,000 ($1,724 PPSF)
Valuated Price: $1,926,000 ($1,107 PPSF)
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Floor Plan

Floor Plan

Building Information

1500 Ocean Drive

Number of units: 113
Building inventory for rent: 8 (7%)
Building inventory for sale: 10 (9%)
Number of sales over the last 12 months: 1
Number of sales over the last 6 months: 0
Number of sales over the last 3 months: 0

Building Association

1500 Ocean Drive
Management 305-534-0165 Ext 1
manager@1500oceandrive.com
Concierge 305-534-0165 Ext 2
concierge@1500oceandrive.com

Link: http://www.1500oceandrive.com

Recent Sales

Unit # Size Closing Date Sale Price PPSF
1107 1,170 sq ft Jun 2023 $1,835,000 $1,568

Market Information

Building vs City

1500 Ocean Drive: $1350/sq. ft.
Miami Beach: $952/sq. ft.

City vs County

Miami Beach: $952/sq. ft.
Miami-Dade: $698/sq. ft.

1500 Ocean Drive inventory for sale: 8%
Miami Beach inventory for sale: 4%
Miami-Dade inventory for sale: 3%

Avg. time to close over last 12 months

1500 Ocean Drive: 27 days
Miami Beach: 98 days
Miami-Dade: 81 days

Building Photo

Aerial photo
Built in 1998 - 113 units - 14 floors

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Listing A11521959 data provided by Miami Association of Realtors.