Manhattan condos $1,629/sf 2%Manhattan co-ops $283K/room 5%Central Park perimeterPark Ave $478K/room 19%CPW $350K/room 5%Fifth Ave $501K/room 19%Billionaires' Row $4,272/sf 24%Tribeca $1,941/sf 2%
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The Roebling Index · Miami
Published by The Roebling Team at Compass · Licensed Real Estate Broker
Miami·South Beach·Condominium

1500 Ocean Drive

1500 Ocean Drive, Miami Beach, FL 33139

South Beach

Folio 0232341180001

At a glance
Year built
1998
Residences
113
Building area
182,751 sq ft
Median residence
1,530 sq ft
FEMA flood zone
Zone AE · BFE 8 ft
Latest arms-length sale
$2,625,000 · May 2026
Median sale (10 yr)
$1,660,000
Recorded transfers
491

1500 Ocean Drive is a 113-residence condominium building at 1500 Ocean Drive, in South Beach, completed in 1998. It has a median residence of 1,530 square feet.

The recorded market runs to 375 arms-length sales since 1998, an annual turnover rate of 4.1 percent of the building over the past decade, and a median of $528 per square foot. Across 258 same-unit resales, 91 percent sold above their prior recorded price, with a median gain of 38 percent over a median hold of 4.2 years. The 9 sales since 2023 carry a median of $1,064 per square foot, against a record that opens in 1998 and spans several market cycles. Recorded deeds show 8 parties that acquired more than one residence in the building.

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Dec 1998. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
May 20269041,740 sf$2,625,000
Apr 20267051,530 sf$1,500,000
Mar 2026UPH-51,530 sf$2,100,000
Mar 202611031,740 sf$1,800,000
Oct 2025910940 sf$1,050,000
Jul 202510051,530 sf$318,200
Oct 20241210940 sf$825,000
Oct 2024410940 sf$550,000
Aug 2024809940 sf$770,000
May 202311071,170 sf$1,835,000
Apr 20236071,170 sf$1,245,000
Oct 2022UPH-10940 sf$799,000
Sep 202212012,320 sf$3,500,000
May 20221109940 sf$700,000
May 202212071,170 sf$1,255,000
May 20228081,170 sf$1,375,000
May 202210051,530 sf$1,660,000
Mar 202211061,530 sf$1,800,000
Mar 2022710940 sf$900,000
Mar 202210031,740 sf$1,600,000
Feb 20229061,530 sf$330,000
Feb 20228041,740 sf$1,850,000
Jan 202211071,170 sf$1,125,000
Oct 2021UPH-51,530 sf$1,664,500
Sep 2021PH-012,320 sf$2,925,000
Jul 202112081,170 sf$1,375,000
Jun 2021T83,699 sf$4,450,000
May 202110012,320 sf$3,850,000
Mar 20219022,320 sf$2,500,000
Mar 2021T-41,838 sf$14,900,000
Mar 2021T-31,838 sf$14,900,000
Mar 2021T24,586 sf$14,900,000
Mar 20219041,740 sf$1,600,000
Feb 2021510940 sf$172,000
Jan 202111051,530 sf$1,350,000
Dec 202010051,530 sf$1,390,000
Apr 2020UPH-24,630 sf$5,082,500
Mar 2020PH-09940 sf$785,000
Jan 20204081,170 sf$1,050,000
Oct 20199012,320 sf$2,600,000
Aug 201912022,320 sf$2,800,000
Jul 2019PH-081,170 sf$1,300,000
Apr 201912031,740 sf$1,725,000
Apr 201911012,320 sf$2,700,000
Jan 20194012,320 sf$2,950,000
Jun 20184071,170 sf$1,044,000
Mar 2018709940 sf$31,000
Mar 201810012,320 sf$3,000,000
Jun 2017510940 sf$570,000
May 2017610940 sf$840,000
Nov 20161210940 sf$735,000
Sep 20168014,640 sf$6,250,000
Apr 20169071,170 sf$1,412,500
Dec 2015PH-071,170 sf$1,500,000
Nov 201510071,170 sf$1,400,000
Sep 20159081,170 sf$1,640,000
Jul 20157031,740 sf$1,700,000
Jun 2015PH-051,530 sf$1,750,000
Feb 2015PH-041,740 sf$2,000,000
Jan 2015610940 sf$790,000
Sep 20149081,170 sf$1,450,000
Jul 201412012,320 sf$3,800,000
Jan 2014510940 sf$634,000
Dec 20131109940 sf$765,000
Nov 201312071,170 sf$1,137,500
Nov 20139071,170 sf$1,325,000
Nov 2013UPH-9940 sf$790,000
Oct 201311061,530 sf$1,650,000
Oct 2013410940 sf$625,000
Aug 20139081,170 sf$1,217,500
Jul 20137012,320 sf$2,900,000
Jul 2013509940 sf$645,000
Jul 2013PH-09940 sf$760,000
Jul 20135071,170 sf$1,075,000
Jun 2013809940 sf$675,000
May 201312031,740 sf$1,600,000
Apr 2013PH-10940 sf$746,500
Apr 20136041,740 sf$1,595,000
Apr 2013UPH-81,170 sf$1,320,000
Feb 201310081,170 sf$1,212,500
Feb 201311022,320 sf$2,750,000
Jan 201312012,320 sf$2,850,000
Dec 20127041,740 sf$1,525,000
Nov 20129081,170 sf$1,146,600
Sep 20125022,320 sf$2,500,000
Sep 2012509940 sf$575,000
Aug 2012UPH-71,170 sf$1,240,000
Aug 20128041,740 sf$1,450,000
Aug 201211061,530 sf$1,000,000
Jul 20121109940 sf$650,000
Jun 20121110940 sf$585,000
Jun 2012UPH-10940 sf$590,000
May 2012409940 sf$580,000
Apr 20121209940 sf$650,000
Apr 201210051,530 sf$1,250,000
Apr 20129051,530 sf$1,275,000
Dec 20116031,740 sf$1,373,000
Oct 2011910940 sf$550,000
Oct 2011UPH-31,740 sf$1,625,000
May 2011UPH-10940 sf$550,000
Apr 201110012,320 sf$2,645,000
Mar 2011710940 sf$535,000
Mar 201110071,170 sf$800,000
Mar 20114051,530 sf$1,040,000
Mar 2011PH-081,170 sf$975,000
Jan 20117061,530 sf$975,000
Dec 2010PH-041,740 sf$1,450,000
Dec 20109012,320 sf$2,700,000
Dec 201011051,530 sf$1,260,000
Oct 2010909940 sf$598,000
Sep 20104012,320 sf$2,250,000
Jun 20108051,530 sf$1,200,000
Apr 201012061,530 sf$1,300,000
Mar 2010709940 sf$166,800
Dec 2009UPH-9940 sf$655,000
Dec 20095051,530 sf$1,000,000
Nov 20095081,170 sf$800,000
Oct 200911051,530 sf$92,500
Oct 20091210940 sf$450,000
Aug 200912012,320 sf$2,700,000
May 20091210940 sf$210,000
Mar 20096071,170 sf$850,000
Jan 200911041,740 sf$1,400,000
Jun 20089041,740 sf$1,500,000
May 20087012,320 sf$2,750,000
Apr 20085041,740 sf$1,160,000
Feb 200812081,170 sf$1,360,000
Sep 2007T-41,838 sf$12,000,000
Sep 2007T-31,838 sf$12,000,000
Sep 2007T24,586 sf$12,000,000
Sep 2007T83,699 sf$12,000,000
Aug 2007PH-09940 sf$600,000
Jul 2007610940 sf$600,000
Jul 20079012,320 sf$2,700,000
Jun 20079051,530 sf$1,350,000
May 20078061,530 sf$1,595,000
May 20077031,740 sf$1,385,000
Mar 2007UPH-10940 sf$680,000
Mar 20076041,740 sf$1,385,000
Oct 20064031,740 sf$1,250,000
Oct 200610012,320 sf$2,600,000
Oct 20068014,640 sf$4,000,000
Sep 2006510940 sf$590,000
Jul 20065041,740 sf$1,635,000
Jun 2006PH-10940 sf$775,000
Jun 20069031,740 sf$1,365,000
May 20068081,170 sf$1,250,000
May 20068061,530 sf$1,450,000
Apr 20061209940 sf$670,000
Mar 2006410940 sf$570,000
Mar 200610041,740 sf$1,630,000
Feb 2006809940 sf$625,000
Feb 200611041,740 sf$1,625,000
Jan 200612012,320 sf$2,700,000
Nov 2005610940 sf$570,000
Nov 20059041,740 sf$1,625,000
Nov 200512022,320 sf$2,300,000
Oct 200510022,320 sf$2,600,000
Sep 20056031,740 sf$1,487,500
Jul 20054081,170 sf$825,000
Jul 2005UPH-51,530 sf$1,100,000
Jun 20051110940 sf$585,000
Jun 2005PH-041,740 sf$1,650,000
May 2005UPH-10940 sf$560,000
May 2005UPH-9940 sf$604,000
May 2005509940 sf$500,000
Apr 2005409940 sf$470,000
Apr 20055041,740 sf$1,190,000
Mar 20051010940 sf$500,000
Mar 20058081,170 sf$815,000
Jan 20055071,170 sf$635,000
Dec 20048041,740 sf$975,000
Nov 20045022,320 sf$1,725,000
Oct 20048031,740 sf$950,000
Sep 2004710940 sf$445,000
Sep 20044051,530 sf$695,000
Aug 2004PH-10940 sf$501,000
Jul 20041209940 sf$442,500
Jul 200412071,170 sf$660,000
Jul 20044071,170 sf$585,000
Apr 2004PH-071,170 sf$660,000
Apr 20049061,530 sf$770,000
Apr 200411022,320 sf$157,500
Mar 20041010940 sf$422,000
Mar 2004PH-09940 sf$470,000
Mar 2004PH-051,530 sf$680,000
Mar 200411041,740 sf$785,000
Mar 200410031,740 sf$860,000
Feb 2004UPH-41,740 sf$850,000
Jan 2004509940 sf$375,000
Jan 2004409940 sf$334,750
Jan 20049022,320 sf$1,850,000
Dec 200310071,170 sf$700,000
Nov 2003406480 sf$280,000
Oct 20038081,170 sf$600,000
Sep 200312031,740 sf$690,000
Sep 200310022,320 sf$1,500,000
Aug 20039071,170 sf$580,000
Aug 200312041,740 sf$725,000
Aug 20035022,320 sf$1,275,000
Jul 20034081,170 sf$570,000
Jul 20034071,170 sf$625,000
Jul 2003UPH-24,630 sf$3,600,000
Jun 20035071,170 sf$585,000
May 20039041,740 sf$725,000
Apr 2003709940 sf$400,000
Mar 200311051,530 sf$590,000
Jan 20035081,170 sf$575,000
Jan 20039041,740 sf$750,000
Oct 2002410940 sf$380,000
Oct 20029012,320 sf$1,300,000
Aug 20021010940 sf$389,000
Aug 2002910940 sf$410,000
Jul 200211071,170 sf$625,000
Jun 20021210940 sf$419,000
Jun 200211012,320 sf$1,360,000
May 2002PH-10940 sf$455,000
May 200212071,170 sf$625,000
May 20026061,530 sf$700,000
May 20029031,740 sf$750,000
May 20027022,320 sf$1,450,000
May 20026012,320 sf$1,300,000
Apr 200212022,320 sf$1,200,000
Mar 20026041,740 sf$725,000
Feb 2002PH-071,170 sf$640,000
Feb 20027041,740 sf$730,000
Jan 200211031,740 sf$800,000
Dec 2001T83,699 sf$1,500,000
Dec 20015041,740 sf$636,400
Nov 20016081,170 sf$550,000
Nov 20014071,170 sf$560,000
Nov 20014051,530 sf$600,000
Oct 20016041,740 sf$695,000
Oct 200110031,740 sf$719,000
Sep 200110071,170 sf$600,000
Aug 20016031,740 sf$700,000
Jul 2001709940 sf$375,000
May 20018031,740 sf$950,000
Apr 20015081,170 sf$550,000
Apr 20018051,530 sf$575,000
Mar 20014031,740 sf$825,000
Feb 2001410940 sf$337,500
Feb 200112061,530 sf$750,000
Feb 20018061,530 sf$879,000
Feb 20018014,640 sf$3,150,000
Jan 2001909940 sf$450,000
Dec 200011022,320 sf$1,145,000
Nov 20006041,740 sf$650,000
Oct 20005051,530 sf$560,000
Sep 20004081,170 sf$499,000
Sep 20009012,320 sf$1,225,000
Aug 2000T-41,838 sf$5,500,000
Aug 2000T-31,838 sf$5,500,000
Aug 2000T83,699 sf$5,500,000
Aug 2000T73,650 sf$2,375,000
Aug 2000T24,586 sf$5,500,000
Aug 2000UPH-10940 sf$365,000
Aug 20004051,530 sf$500,000
Aug 20009041,740 sf$732,500
Jun 2000710940 sf$315,500
Jun 20005071,170 sf$463,000
May 2000UPH-41,740 sf$725,000
May 20006012,320 sf$1,100,000
Apr 2000PH-10940 sf$299,900
Apr 2000910940 sf$300,000
Apr 20001109940 sf$289,000
Apr 2000PH-081,170 sf$470,000
Feb 200012031,740 sf$600,000
Feb 20009012,320 sf$1,150,000
Dec 1999T83,699 sf$1,500,000
Dec 19991209940 sf$317,000
Dec 199912071,170 sf$400,000
Dec 19997041,740 sf$515,000
Nov 199910041,740 sf$585,000
Nov 19997031,740 sf$510,000
Oct 19994071,170 sf$294,600
Oct 199912061,530 sf$500,000
Oct 1999UPH-51,530 sf$515,000
Oct 199912041,740 sf$595,000
Sep 1999409940 sf$240,000
Aug 19998041,740 sf$470,000
Aug 19997022,320 sf$766,700
Jul 1999T73,650 sf$1,200,000
Jul 1999UPH-9940 sf$325,000
Jun 1999T83,699 sf$1,445,000
Jun 19991009940 sf$289,000
Jun 19994081,170 sf$279,900
Jun 19994081,170 sf$350,000
Jun 19996071,170 sf$365,000
Jun 199910051,530 sf$378,000
Jun 199911022,320 sf$924,900
May 1999UPH-10940 sf$325,000
May 19999081,170 sf$276,900
May 19997061,530 sf$360,000
May 1999UPH-41,740 sf$515,000
May 1999PH-041,740 sf$535,000
May 19999041,740 sf$480,000
May 19995041,740 sf$525,000
May 19995041,740 sf$420,000
May 199910031,740 sf$570,000
Apr 1999509940 sf$205,000
Apr 1999UPH-61,530 sf$515,000
Apr 199910031,740 sf$435,000
Apr 1999UPH-24,630 sf$1,805,000
Apr 19999022,320 sf$860,000
Mar 19991109940 sf$241,000
Mar 1999409940 sf$180,000
Mar 19999051,530 sf$450,000
Mar 19996041,740 sf$480,000
Mar 1999404540 sf$180,500
Mar 1999UPH-31,740 sf$529,000
Mar 1999PH-031,740 sf$479,000
Mar 19999031,740 sf$424,000
Mar 199912012,320 sf$995,000
Mar 19998014,640 sf$901,000
Mar 19995012,320 sf$750,000
Feb 1999PH-10940 sf$284,000
Feb 19991110940 sf$241,000
Feb 1999910940 sf$209,900
Feb 1999510940 sf$230,000
Feb 19991209940 sf$230,000
Feb 19991009940 sf$231,000
Feb 1999UPH-81,170 sf$457,500
Feb 199912081,170 sf$365,000
Feb 19994081,170 sf$279,900
Feb 1999UPH-71,170 sf$345,000
Feb 199912071,170 sf$251,900
Feb 199911071,170 sf$330,000
Feb 199910071,170 sf$279,900
Feb 19998071,170 sf$285,000
Feb 19998061,530 sf$410,000
Feb 19996061,530 sf$333,000
Feb 1999PH-051,530 sf$500,000
Feb 199912051,530 sf$465,000
Feb 19999051,530 sf$349,000
Feb 19996051,530 sf$338,000
Feb 199911031,740 sf$505,000
Feb 199912022,320 sf$626,900
Feb 199910012,320 sf$860,000
Feb 19994012,320 sf$1,150,000
Jan 19991010940 sf$275,000
Jan 1999810940 sf$240,000
Jan 1999610940 sf$193,000
Jan 1999410940 sf$185,000
Jan 1999PH-09940 sf$260,000
Jan 1999809940 sf$216,000
Jan 19997081,170 sf$267,900
Jan 19996081,170 sf$382,000
Jan 1999PH-071,170 sf$335,000
Jan 19999071,170 sf$236,900
Jan 19997071,170 sf$269,900
Jan 19996071,170 sf$270,000
Jan 19995071,170 sf$290,000
Jan 19994071,170 sf$280,000
Jan 1999PH-061,530 sf$520,000
Jan 199912061,530 sf$462,000
Jan 199911061,530 sf$465,000
Jan 199910061,530 sf$454,000
Jan 19995061,530 sf$410,000
Jan 1999406480 sf$140,000
Jan 199911051,530 sf$414,000
Jan 19998051,530 sf$350,000
Jan 19997051,530 sf$309,900
Jan 19995041,740 sf$440,000
Jan 199912031,740 sf$560,000
Jan 19997031,740 sf$530,000
Jan 19995031,740 sf$394,000
Jan 19994031,740 sf$395,000
Jan 1999PH-022,320 sf$868,000
Jan 19995022,320 sf$800,000
Jan 1999PH-012,320 sf$955,000
Jan 199911012,320 sf$959,000
Jan 19997012,320 sf$883,000
Dec 19981210940 sf$240,000
Dec 1998710940 sf$240,000
Dec 1998909940 sf$218,000
Dec 1998709940 sf$209,000
Dec 1998609940 sf$203,000
Dec 199811081,170 sf$390,000
Dec 199810081,170 sf$405,000
Dec 19988081,170 sf$335,900
Dec 19985081,170 sf$340,000
Dec 19989061,530 sf$420,000
Dec 19985051,530 sf$395,000
Dec 19984051,530 sf$408,000
Dec 199811041,740 sf$501,000
Dec 19988031,740 sf$555,000
Dec 19986031,740 sf$530,000
Dec 199810022,320 sf$586,100
Dec 19986022,320 sf$685,000
Dec 19984022,320 sf$900,000
Dec 19989012,320 sf$890,000
Dec 19986012,320 sf$853,500

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 98 nominal-consideration paper transfers omitted.

Considering a move at 1500 Ocean Drive?

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.