1500 Ocean Drive

 
Property ID# 1403132
1500 Ocean Drive $598,000 - $2,850,000
$2,900 - $8,000
1500 Ocean Dr Miami Beach, FL 33139
 Studio - 3
 1 - 3.5
 
Sales - Last 4 Quarter Activity (Jan 08 to Dec 08)
   # of
Units 
 Sale $
Low 
 Sale $
High 
 Sale $
Avg 
 $/Sqft
Low 
 $/Sqft
High 
 $/Sqft
Avg 
2 Bed 2 $850,000 $1,400,000 $1,125,000 $726.50 $804.60 $765.55
3 Bed 1 $2,700,000 $2,700,000 $2,700,000 $1,163.79 $1,163.79 $1,163.79
Listings for Sale (Currently Available)
   # of
Units 
 List $
Low 
 List $
High 
 List $
Avg 
 $/Sqft
Low 
 $/Sqft
High 
 $/Sqft
Avg 
1 Bed 3 $598,000 $749,000 $698,667 $636.17 $796.81 $743.26
2 Bed 8 $1,035,000 $1,850,000 $1,466,250 $806.36 $1,209.15 $1,016.64
3 Bed 3 $2,800,000 $2,850,000 $2,816,667 $1,206.90 $1,228.45 $1,214.08
Listings for Rent (Currently Available)
   # of
Units 
 Rent $
Low 
 Rent $
High 
 Rent $
Avg 
 $/Sqft
Low 
 $/Sqft
High 
 $/Sqft
Avg 
Studio 1 $2,900 $2,900 $2,900 $6.04 $6.04 $6.04
1 Bed 5 $3,000 $3,500 $3,300 $3.19 $3.72 $3.51
2 Bed 7 $4,500 $6,500 $5,829 $3.74 $4.96 $4.18
3 Bed 1 $8,000 $8,000 $8,000 $4.60 $4.60 $4.60


Sales Data  
# of Bedrooms
  2005 2006 2007 2008 % Change
2007 - 2008
Avg Sale Price
$1,595,625 $1,478,182 $3,002,143 $1,692,500 - 44%
Median Sale Price
View on Graph
$1,556,250 $1,250,000 $1,385,000 $1,430,000 + 3%
Avg Price / Sq Ft
View on Graph
$890 $836 $886 $969 + 9%
# of Sales
View on Graph
4 11 7 4 - 43%
Disclaimer: This data is derived from multiple sources and is for comparative purposes only. Please do not rely on this information exclusively when considering a real estate transaction. Consult a real estate professional for guidance.
Recent Sales   
 Sale Date   Sale Price   Unit Number   Bedrooms   Bathrooms   Sq. Ft.   $/Sqft 
Aug 2009 $2,700,000 1201  3 3.5 2320  $1,163.79 
Mar 2009 $850,000 607  2 2.0 1170  $726.50 
Jan 2009 $1,400,000 1104  2 3.0 1740  $804.60 
Jun 2008 $1,500,000 904  2 3.0 1740  $862.07 
May 2008 $2,750,000 701  3 3.5 2320  $1,185.34 
Apr 2008 $1,160,000 504  2 3.0 1740  $666.67 
Feb 2008 $1,360,000 1208  2 2.0 1170  $1,162.39 
Sep 2007 $12,000,000 T8  6 9.0 11940  $1,005.03 
Aug 2007 $600,000 610  1 2.0 940  $638.30 
Jul 2007 $2,700,000 901  3 3.5 2320  $1,163.79 
Jul 2007 $1,350,000 905  2 2.5 1530  $882.35 
May 2007 $1,595,000 806  2 2.5 1530  $1,042.48 
May 2007 $1,385,000 703  2 3.0 1740  $795.98 
Mar 2007 $1,385,000 604  2 3.0 1740  $795.98 
Nov 2006 $1,250,000 403  2 2.0 1740  $718.39 
Oct 2006 $4,000,000 801-02  5 5.5 4640  $862.07 
Oct 2006 $2,600,000 1001  3 3.0 2320  $1,120.69 
Sep 2006 $590,000 510  1 2.0 940  $627.66 
May 2006 $1,450,000 806  2 2.0 1530  $947.71 
May 2006 $1,250,000 808  2 2.0 1170  $1,068.38 
Mar 2006 $670,000 1209  1 1.5 940  $712.77 
Mar 2006 $570,000 410  1 2.0 940  $606.38 
Mar 2006 $1,630,000 1004  3 3.0 1740  $936.78 
Feb 2006 $1,625,000 1104  3 3.0 1740  $933.91 
Feb 2006 $625,000 809  1 2.0 940  $664.89 
Dec 2005 $2,700,000 1201  3 3.5 2320  $1,163.79 
Nov 2005 $570,000 610  1 2.0 940  $606.38 
Nov 2005 $1,625,000 904  2 3.0 1740  $933.91 
Sep 2005 $1,487,500 603  3 3.0 1740  $854.89 
Sponsors

 
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