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Waterfront · Condominium
$1,575,000$1,346 / sqft
1500 Ocean Dr # 907, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,170 sqft
Interior
1998
Year built
None
HOA
Condominium
Type
About this home
Experience the pinnacle of beachfront living in this chic, oceanfront corner flow-thru 2-bedroom residence offering endless natural light and breathtaking direct ocean views. Wake up to glowing sunrises, unwind with spectacular sunsets, and enjoy the coastal breeze from your private terrace—accessible from every room for true indoor-outdoor living. Come make each day a BEACH DAY! This beautifully designed home features an open gourmet kitchen with Sub-Zero appliances, elegant marble floors, and classic French doors that enhance its airy, sophisticated feel. Enjoy resort-style amenities including a private beach with lounge chairs, umbrellas and towel service, a heated Mother of Pearl swimming pool and hot tub, a state-of-the-art fitness center with sauna and steam room, communal bikes, AC storage, and a serene garden with outdoor BBQ area. Located in the heart of the historic Art Deco District, this residence places you moments from gourmet restaurants, luxury shopping, world-class entertainment, and scenic beachfront pathways. A rare opportunity to own a stunning oceanfront retreat where design, comfort, and the Miami Beach lifestyle come together effortlessly.
Features
- Built-in Features
- Fire Sprinklers
- French Doors
- Walk-In Closet(s)
- Recreation Room
- Storage
- Barbeque
- Open Balcony
- Ocean View
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.