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$1,750,000

Beds
2
Baths
2.0
sq ft
1,170

1500 Ocean Dr Unit 907, Miami Beach, FL 33139

1500 Ocean Dr Unit 907

Miami Beach, FL 33139

  • 148 days on market
    • Price drop $50,000↓
Discover the ultimate beachfront lifestyle in this stunning, chic oceanfront corner / flow thru 2-bedroom residence with direct ocean views! Wake up to breathtaking sunrises or unwind with sunsets from your private ocean terrace. This residence features an open kitchen with Sub-Zero appliances, marble floors, and elegant French doors. Every room has terrace access. Building amenities include: Private beach with lounge chairs, umbrella, and towel service, Heated Mother of Pearl swimming pool and hot tub, State-of-the-art fitness center with Sauna & Steam Room, communal bikes, AC storage area and beautiful garden with outdoor BBQ. Located in the heart of the historical Art Deco District and within walking distance to gourmet restaurants, luxury shopping, theaters and more.

Details

Property type

Condominium

Est. home value

$1,683,914

Lot size

Unknown

Price per sq ft

$1,496

Year built

1998

Annual property taxes

$18,344

HOA

Yes

Price History

10/15/2024
SEF

SEF #A11610727

Price change
$1,750,000
-2.78%
06/20/2024
SEF

SEF #A11610727

Listed
$1,800,000
+27.43%
04/18/2016
SEF

SEF #A2195543

Sold
$1,412,500

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

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

Wells Fargo Bank Na

Loan start date

April 2016

Original loan amount

$988,750

Est. remaining balance

Not provided

Interest rate

2.37%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Todd Merkel and Kimberly Merkel

Lender

Wells Fargo Bank Na

Loan start date

April 2016

Original loan amount

$988,750

Est. remaining balance

Not provided

Interest rate

2.37%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Todd Merkel and Kimberly Merkel

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: 11/15/2024 at 2:35 PM

Listing updated: 11/08/2024 at 12:30 PM

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

MLS: SEF #A11610727

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