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1500 Ocean Dr # 05, Miami Beach FL 33139

Penthouse For Rent
$15,000

BTC: 0.18072289

ETH: 6.16776316

/mo
New
Waterfront
2 bds
2 ba
1,530 sqft

Overview

Experience luxury oceanfront penthouse living in the heart of South Beach at the iconic, award-winning Michael Graves-designed 1500 Ocean Drive condominium. Located in Miami Beach's historic Art Deco District, this exquisite 2-bedroom, 2-bathroom penthouse rental with two assigned parking spaces offers coastal sophistication and five-star resort-style living. Beautifully appointed with marble floors and bathrooms, a custom kitchen, designer closets, and bespoke lighting, this elegant residence is the perfect Miami Beach retreat. Enjoy exclusive amenities including private beach service with chaise lounges, cabanas and towels, a heated mother-of-pearl lap pool, Jacuzzi, state-of-the-art fitness center, sauna, steam room, massage room, tropical gardens, BBQ areas, social rooms, climate-controlled storage, and resident bicycles. Steps from Española Way, Lincoln Road, fine dining, shopping, and entertainment, with direct access to the scenic 9-mile Miami Beach Oceanfront Beachwalk. Perfect for a luxurious seasonal getaway or extended stay. Oceanfront living at its finest—make every day a BEACH DAY!

Location

Details

Type:
Residential Lease
Parking:
Attached Carport / Covered / Valet
Year Built:
1998
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$10
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$7,700
$4K – $12K
Confidence Low
List vs. estimate
$7K above estimate
List $15,000 · +94.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$9
-99.1% vs. city median $1,048
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $324K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Pool
Above Ground
Waterfront
Ocean Access
Garage
2 car garage
Furnished
Furnished
All facts and features
  • Flooring

    • Marble

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Closet Cabinetry

    • Pantry

    • Walk-In Closet(s)

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Attached Carport

    • Covered

    • Valet

    Property

    • Exterior Features: Barbeque / Open Balcony

    Other Property Information

    • Parcel Number: 02-32-34-118-0530

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Condominium

  • Source details

    • MLS ID: A12109139

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Pool Features: Above Ground

    • Window Features: Clear Impact Glass / Blinds

    • Direction Faces: Northeast

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1530

    • Subdivision Name: 1500 OCEAN DRIVE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty