1500 Ocean Drive #601, Miami Beach, FL 33139 · South Beach

ACTIVE

Investment Score92/100

1500 Ocean Drive #601, Miami Beach, FL 33139

$695KSouth Beach

1500 Ocean Drive #601, Miami Beach, FL 33139

2Beds

2Baths

1,150Sqft

2003Built

CondoType

6.2%Cap Rate

$4,800/moEst. Monthly Rent

$604$/Sqft

About This Property

Iconic Ocean Drive address in a boutique full-service building steps from the sand. This unit features Art Deco architectural details paired with modern finishes, terrazzo floors, arched doorways, and an updated kitchen. The private balcony overlooks the famous Art Deco Historic District streetscape. Exceptional short-term rental performance with documented income history available.

Features & Highlights

Ocean Drive address

Private balcony with district views

Terrazzo floors

Updated kitchen

Full-service building

Steps to beach

Doorman & concierge

Rooftop pool

STR-approved

Documented rental income

Investment OpportunityBeach ProximitySTR EligibleHigh YieldHistoric District

Neighborhood

South Beach

Explore South Beach →

Mortgage Estimator

Purchase Price$695,000

Down Payment20%, $139,000

Interest Rate7.1%

Loan Term

Monthly Payment$3,736

Down Payment$139,000

Loan Amount$556,000

Total Interest$789,139

Total Cost$1,484,139

Estimates are for informational purposes only and do not include property taxes, insurance, or HOA fees. Consult a licensed mortgage professional for accurate quotes.

Sofia Rivera

Founder & Lead Agent · ATLAS

Licensed Florida Realtor®

(305) 555-0192 sofia@atlasmiami.com

Ask About This Property

Sofia typically replies within 2 hours.

Listing Price$695,000

← Back to All Listings