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$3,000,000

Beds
3
Baths
3.0
sq ft
1,740

1500 Ocean Dr Unit 1003, Miami Beach, FL 33139

1500 Ocean Dr Unit 1003

Miami Beach, FL 33139

  • 334 days on market
Experience unparalleled oceanfront living in this exquisitely redesigned residence by the award-winning NMR Design Group, where breathtaking ocean views greet you from every room. This stunning home features brand-new flooring and a sleek, contemporary kitchen with a quartzite waterfall island, all set in the heart of Miami Beach—a location with the highest walkability score. The spacious covered terrace acts as an outdoor living space, offering unobstructed views of the ocean and beach, perfect for relaxation or entertaining. Located in the boutique, award-winning Michael Graves Condo, this residence offers an array of upscale amenities, including private beach services, a barbecue area, a social room, climate-controlled bike and storage rooms, and a dedicated, professional staff.

Details

Property type

Condominium

Est. home value

$2,830,801

Lot size

Unknown

Price per sq ft

$1,725

Year built

1998

Annual property taxes

$27,202

HOA

Yes

Price History

01/26/2024
SEF

SEF #A11521959

Listed
$3,000,000
+87.5%
02/24/2022
SEF

SEF #A11003636

Sold
$1,600,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

114

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2022

Original loan amount

$1,360,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

New Conventional, 30 year

Seller

1500 Ocean Drive Llc

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2022

Original loan amount

$1,360,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

New Conventional, 30 year

Seller

1500 Ocean Drive Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/25/2024 at 1:25 AM

Listing updated: 12/16/2024 at 7:20 PM

Listed by: Ines Flax, One Sotheby's International Re Phone #: (305) 538-9711

MLS: SEF #A11521959

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