Atlantic Luxury Advisors
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67 photos

1500 Ocean Dr #PH-05

Miami Beach, FL 33139

$2,300,000
2
2
1,530 sq ft
1998
2 car
Condominium
$0/mo
Yes
59
Active

Listing courtesy of One Sotheby's International Realty (Ines Flax). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$16,553/mo
Principal and interest
$11,630
Property tax
$3,481
Homeowners insurance
$1,442
HOA
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$41,767/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$0/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.