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$2,500,000

Beds
2
Baths
2.0
sq ft
1,530

1500 Ocean Dr Unit PH-05, Miami Beach, FL 33139

1500 Ocean Dr Unit PH-05

Miami Beach, FL 33139

  • 42 days on market
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.

Details

Property type

Condominium

Est. home value

$1,731,222

Lot size

Unknown

Price per sq ft

$1,634

Year built

1998

Annual property taxes

$26,427

HOA

Yes

Price History

12/19/2024
SEF

SEF #A11712245

Listed
$2,500,000
11/04/2024
SEF

SEF #A11486021

Removed
$2,500,000
10/31/2024
SEF

SEF #A11486021

Listed
$2,500,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Nautilus

High school: 

Miami Beach

Number of units in community: 

113

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

Bny Mellon Na

Loan start date

April 2017

Original loan amount

$1,400,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Gregory G Mario and Lauren Noel Mario

Lender

Bny Mellon Na

Loan start date

April 2017

Original loan amount

$1,400,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Gregory G Mario and Lauren Noel Mario

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: 01/31/2025 at 7:55 AM

Listing updated: 01/21/2025 at 4:45 PM

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

MLS: SEF #A11712245

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