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1500 Ocean Drive

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1500 Ocean Drive, Miami Beach, FL 33139-3161

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Sale
5
Rent
13
PRICE
$1,150,000+
SQ FT
940-1,740
UNITS
114
STORIES
17
BUILT
2000

About

1500 Ocean Drive

1500 Ocean Drive Condo in South Beach, complete with its splash of fountains and waterfalls, enters you into a world designed for your pleasure. A signature building by world-famous architect Michael Graves, this mid-rise residence delivers the magnificence of a 5-star resort wrapped in the intimacy of an exclusive home. Just around the corner from the exciting Lincoln Road, you have the choice to stroll down to immerse yourself in the various thrilling nightlife, fine dining, shopping and entertainment avenues available up close. With golf, tennis and marinas only a stone’s throw away, a condo in this fine Art Deco District residence props you up to enjoy a South Beach lifestyle in all its glory.

Perched on the white sandy shores of the gorgeous Atlantic Ocean, the exclusive 1500 Ocean Drive residence offers only 111 signature units for indulgent living. A porte-cochere entrance leads up to a main lobby designed to bring perfect harmony between exterior shapes and interior spaces. Once inside its plush residences, be prepared to be astounded by textured ceilings, spacious floor plans, dramatic terraces with decorative railings, tinted floor-to-ceiling energy efficient windows, roomy walk-in closets, custom European cabinetry in the kitchen, sleek KitchenAid appliances, granite countertops, designer faucets and fixtures in the baths, marble flooring, glass-enclosed showers, Jacuzzi whirlpool in the master bath and marble slab vanities.

This 15-story exclusive condo residence offers a host of amenities at your doorstep inclusive of heated pool and spa; sauna, massage and steam room with massage therapy options; beach chaise lounge and umbrella service with full-time pool and beach attendant; poolside and beach lunch menu; state-of-the-art fitness center with fitness training, yoga as well as Pilates classes; along with a plush ocean room/billiards/game room. The concierge, valets and high-tech 24-hour security systems of 1500 Ocean Drive Condo ensure to surround you in comfort, while the design of each residence surrounds you in style.

Better still, 1500 Ocean Drive condos come with a minimum 3-month rental policy that allows you to lease out your residence any time of year, making it a wonderful investment for life.

Building key details

Neighborhood
Avg Price / Sq Ft
$1,429
Avg Assoc Fee
$1.77 / sq ft / month
CBB Rank
4.8/5help popup
Pets
Pets OK for Owners & Renters, Large Pets Allowed

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Building Amenities

Pool / Spa
Pool / Spa
Heated Pool, Spa / Hot Tub, Sauna
Sport / Fitness
Sport / Fitness
Billiard, Exercise Room, Pool
Parking
Parking
Covered, Valet
General Amenities
General Amenities
Bike Storage, Picnic Area, Business Center, Community Room, Elevator, Extra Storage, Kitchen Facilities, Private Beach Pavilion
Waterfront
Waterfront
Deeded Beach Access, Waterfront Ocean

Additional details

Avg Price / Sq Ft
$1,429
Unit Conveniences
Central Cooling, Central Heat, Dishwasher, Electric Cooling, Electric Heat, Furnished, Walk In Closets, Washer/Dryer
Maintenance Includes
N/A
Type of Association
N/A
Style
Condo, Condo 5+ Stories, Condo/Co-Op/Annual
Transit Score ®
Bike Score ®

Available Condos at 1500 Ocean Drive

There are currently no units listed for sale in the MLS
for price list and members-only developer specials

Some useful guides for you

Here are some helpful documents and articles you might want to read.

1500 Ocean Drive floorplans

1500 Ocean Drive floorplans
Apt#
10
09
07
08
05
06
03
04
Model
A10
A9
B7
B8
C5
C6
D3
D4
Bed/Baths
1/2
1/2
2/2
2/2
2/2.5
2/2.5
3/3
3/3
Floors
4 - 15
4 - 15
4 - 15
4 - 15
4 - 15
4 - 15
4 - 15
4 - 15
Interior + Ext (Sq Ft)
940 + N/A
940 + N/A
N/A + N/A
N/A + N/A
N/A + N/A
N/A + N/A
N/A + N/A
N/A + N/A

1500 Ocean Drive building stats

Inventory
Condos for Sale and for Rent
114
Total Condos
5 Condos for Sale
4% of building
13 Condos for Rent
11% of building
16%
of building

Sales stats

Key averages for the building

AVG LIST PRICE

$1,909,600

AVG LIST PRICE / SQ FT

$1,429

AVG SALE PRICE

N/A*

*past six months

AVG SALE PRICE/ SQ FT

N/A*

*past six months

N/A*

Avg Days on Market

*past six months

Sales history

Number of sold condos by month

July 2025
0
June 2025
0
May 2025
0
April 2025
0
March 2025
0
February 2025
0

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1500 Ocean Drive: Mavericks, Magnates and…Disgraced Russian Lawmakers?

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Real Estate News

1500 Ocean Drive

South Beach

1500 Ocean Drive: Mavericks, Magnates and…Disgraced Russian Lawmakers?

What do Dallas Mavericks owner Mark Cuban, oil magnate Tim Headington, and ex-Russian Parliamentarian Vladimir Pekhtin have in common? If you guessed ownership of a residence at 1500 Ocean Drive in Miami, you win a cookie. Well known as the Michael Graves Building, after its acclaimed architect, the condominium complex has been drawn into the international spotlight as it was recently unearthed that a founding member of Russia’s ruling party was forced to resign after it was uncovered that he didn’t report the property as an asset in his parliamentary declarations. The resignation was embarrassing to the Kremlin as critics of the sitting Russian government often accuse officials of hiding their wealth through offshore holdings. While the international press may have introduced a bit of negative press for the property, the complex is widely acknowledged as one of Michael Graves’ finest works. Completed in the mid-1990s, Graves was at the center of the building’s ad campaign and reached such extreme recognition that he went on to launch an exclusive housewares collection at Target. The exposure brought on by the ad campaign and his lucrative collaboration with Target firmly established him as one of the most recognizable architects in the world. Graves’ love of _Gesamtkunstwerk_ (“artistic synthesis,” in German) design, surely played a role in attracting the attention of Pekhtin, whose condo at 1500 Ocean Drive is one of three he owns in Miami and cost the former ethics committee chairman a cool $1.3 million. The condo is part of a larger collection of secret properties purchased by Pekhtin both in Russia and abroad. Though he insists he did not violate the law, Pekhtin succumbed to political pressure and stepped down from his post in February. Vladimir Pekhtin 1500 Ocean Drive Mark Cuban

The Most Luxurious Condo Buildings in Venetian Islands

Real Estate News

South Beach

The Most Luxurious Condo Buildings in Venetian Islands

Miami Beach’s Venetian Islands are a coveted set of isles, tucked away on the east side of Biscayne Bay, and connect South Beach to mainland Miami in Edgewater via the Venetian Causeway. And while many of the buildings are older, they are going through beautiful restorations of amenities and interiors. So if you’re interested in buying in the Venetian Islands and its tucked away community, and want to know which top-of-the-line luxury residences are available, then this is the list for you. For 2022, we’ve ranked the Top 5 Most Luxurious Condo Buildings in Miami Beach’s Venetian Islands, which also happen to be the most expensive buildings of this super desirable neighborhood. Read on to find out what kind of amenities these top-class residences provide and which building made it to number 1… _Last updated on August 25, 2022._ ## Why Choose the Venetian Islands? --- This island retreat is little known address in Miami Beach that is perfectly located, and made up mostly of single-family homes. Residents not only get to relish the joys, views and privacy of island living, they’re also perfectly positioned for a short drive to South Beach and Edgewater or Downtown Miami, on either side, via the scenic Venetian Causeway. Secluded living, a real sense of community, and the option to easily dive into all the action in a matter of minutes make Venetian Island properties some of the most prized in Miami. ## The Best of the Best Condos in Venetian Islands --- ### ​5\. Costa Brava - 11 Island Avenue, Venetian Island **Average List Price: $1,004 per square foot** This classic Bayfront tower rises 22 stories and is home to 214 luxury condos. Built in 1972 and undergoing complete restoration, including its 40-year recertification, amenities at this pet-friendly building include an ocean-access marina with boat slips, a heated pool overlooking the bay, sundeck, basketball court, fitness center, multi-purpose room, recently renovated lobby, and more. Units here are oversized, with one bedrooms starting at about 1,000 square feet. ### 4\. Nine Island Avenue – 9 Island Avenue, Venetian Islands **Average List Price: $1,231 per square foot** This resort-like condo just completed a multi-year renovation, including its 40-year recertification and a major interior redesign. Once a kitschy reminder of 80s resort luxury, this 25-story high rise now features modern and sleek interiors and common spaces. Perched on one of Miami Beach’s largest and most premium bayfront parcels, Nine Island is home to 270 luxury condos surrounded by acres of meandering gardens. Amenities here include a large porte-cochere and valet, pet-friendly premises, an expansive pool deck with winding gardens, three outdoor Jacuzzis, party room, yoga studio, fitness center, tennis courts, billiards room, BBQ gazebo, lush tropical gardens with Koi ponds, and more. ### 3\. 1000 Venetian Way - 1000 Venetian Way, Venetian Islands **Average List Price: $1,550 per square foot** A design aficionado's favorite, the twin towers at 1000 Venetian Way are positioned to offer all their residents exquisite views of the bay and sailing over at the Miami Yacht Club in a secluded location that will never have obstructed views. Both towers rise only 20 stories to house a total of 121 expansive, modern luxury residences. Built in 1983, 1000 Venetian Way hosts spacious, airy residential units that feature expansive views of Biscayne Bay from every room, with an open floor plan design. Each beautifully appointed condo unit is designed to deliver sunrise and sunset views. Amenities include tennis courts, basketball court, bayfront swimming pool, dog park, lushly landscaped outdoor picnic area, and more. ### 2\. Belle Towers – 16 Island Avenue, Venetian Islands **Average List Price: $1,607 per square foot** An absolute gem of a vintage, boutique condo building, Belle Towers features exquisite mid-century modern details and a gorgeous pool on the bay. Offering panoramic water and city views to residents, this Bayfront tower is home to 46 luxury condos spread across 9 stories, and is highly sought after by the national and international design community. Built in 1958, amenities at this pet-friendly building include an open air lobby with koi ponds, unobstructed water views, a swimming pool, spa, a handful of boat slips, and extra-large floor plans. ## And the Winner of the Best Condo in Venetian Islands in Terms of Luxury Goes To… ### 1\. Grand Venetian – 10 Venetian Way, Venetian Islands **Average List Price: $2,009 per square foot** This modern high-rise condo building occupies one of Miami Beach’s premium bayfront parcels. Designed by Kobi Karp, just steps from The Standard Hotel and Spa, the Grand Venetian is home to 124 luxury condos peppered across 25 floors, each with expansive, glass-enclosed balconies. Residents of this popular building get access to plush interiors and amenities such as a porte-cochere with valet, completely covered parking garage, tennis court, pool and sundeck overlooking the bay, private party room, gym, expansive balconies, and more. ## How Safe are the Venetian Islands? --- Besides an overall ‘A+,’ the neighborhood-ranking site niche.com grades the Venetian Islands ‘A’ for ‘Good for Families’ and ‘A+’ for Nightlife. Living in this coastal district, residents enjoy the perks of island living in a highly secure environment. Security monitored-access to most condo buildings and a toll plaza on the Venetian Causeway only enhances the sense of security and community among its residents. Additionally, most of the Venetian Islands are made up of single-family homes, which further creates a strong sense of community. It’s no wonder then that the Venetian Causeway is a popular stretch for locals to catch the sunset, take a stroll, jog, bike, or even walk their dogs along its scenic sidewalks. ## Best Restaurants in Venetian Islands --- The only restaurants to the credit of the Venetian Islands are the Lido Bayside Grill (local favorite for Mediterranean fare with water views) and the Cafe Standard, both located in The Standard Spa. But just a short walk over a small bridge takes residents to neighborhood favorites such as Sardinia (authentic coastal Italian), Barceloneta (Spanish tapas), Lucali (Brooklyn pizza), Icebox Cafe (excellent brunch), Zak the Baker, and Pubbelly Sushi at the Sunset Harbour shops, along with Dr. Smood organic cafe, Delicious Raw Kitchen & Juice Bar, and Sushi Garage. ## Shopping in Venetian Islands --- Again, the Venetian Islands do not have many shopping options to their credit. However, a short walk or drive delivers residents to the Sunset Harbour Shops and Lincoln Road Mall in South Beach - maintaining that small community feel without compromising on the simple pleasures of life. Favorite boutiques in Sunset Harbor include Eberjey, Frankie Miami, Beach Boutique (one of South Beach’s best boutiques for years), and more. Within a 10-minute walk or 5-minute drive, residents have a Fresh Market, a Trader Joe’s, two Publix, as well as hair salons, spas, and specialty fitness studios including Barry’s Bootcamp, Modo Yoga, and Anatomy Fitness, hair and nail salons, and more. ## The Best Located Condos in Venetian Islands --- We were spoilt for choice here, so we decided to name two condos as the best located in Venetian Islands. We choose the twin-tower 1000 Venetian Islands complex simply for its breathtaking views of the bay. And the Grand Venetian, as it is the fastest walk to all that South Beach has to offer; especially the tiny, yet power-packed neighborhood of Sunset Harbour with its Fresh Market, Publix, Trader Joe’s, yoga, bakeries, and banks. **LET'S GET SOCIAL!** Connect with us on Instagram and Youtube. Fallen in love with these luxurious finds? Want more? Check out the complete list of luxury condos available for sale in Miami Beach here.

What Living on the Beach in South Beach is Really Like!

Miami Beach

Real Estate News

Video Blog

South Beach

What Living on the Beach in South Beach is Really Like!

Come along as our very own Luxury Agent Jessica Turner, takes us on a tour of this beautiful property at Roney Palace in South Beach. If you’ve ever wanted to know what living on the beach in the heart of South Beach is like, our very own Jessica Turner, a licensed real estate agent specializing in luxury properties, gives you a quick, personalized tour of one our prime properties for sale. Watch the video here: Just listed on the market, this immaculate, fully remodeled 2 bedroom, 2 bath oceanfront condo unit at the historic Roney Palace in South Beach gives you a taste of how incredible waking up every morning to ocean sunrises, palm trees, pools, and the sandy beach as your backyard can be. Living in this unit, your surroundings are impeccably furnished and styled with Artefacto Furniture, and the residence features every luxury detail you will want -- Sub-Zero appliances, an Ornare kitchen and wardrobe closets, double wine refrigerators, a master bath with separate glass enclosed soaking tub, and much more. Offering 1,230 square feet of beachfront living, enjoy the sunrise over the ocean from your south, ocean and pool-facing, 270 square foot balcony that spans the entire width of the unit. Best of all, the Roney Palace shares the finest hotel amenities in South Beach with the beautiful and eco-conscious 1 Hotel South Beach, offering you access to 3 pools, private beach umbrella and lounge chair service, pool service, food and beverage service, several top-rated, on-site restaurants, boutiques, valet parking, a new gym, a top spa and salon, and 600 ft of ocean frontage. Walk to nearby restaurants and nightlife at the W Hotel, The Setai, Lincoln Road, the Bass Art Museum, live in the best of South Beach. A flexible leasing policy allows for 12 months, 30-day minimum, short term-long term rentals. **Details:** * 2 bedrooms and 2 full baths * 1,230 square feet * 270 square foot, ocean view balcony * Short-term rentals allowed * List Price: $2,290,000 For more information, the floor plan, recent financing information for the building, or to schedule a showing, please call us directly or go here: https://www.condoblackbook.com/south-beach/roney-palace/ **ARE WE FRIENDS ON SOCIAL MEDIA?** 📣 Connect with us on Instagram, TikTok and Youtube. 📣