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#1342350
1 bedroom condo for sale in Miami Beach, FL
Condo

1500 Ocean Dr APT 1109

Miami Beach, FL 33139

1

Bedrooms

2

Bathrooms

940

Sq Ft

Property Details

Price/sqft$1330
Days on Market130 days
Property TypeCondo

Listed Price

$1,250,000

$1330/sqft

Listing #1342350

About This Condo in Miami Beach, FL

This 1 bedroom, 2 bathroom condo is located in Miami Beach, FL (ZIP code 33139). The property spans 940 square feet of living space. The property sold for $1,250,000, placing it in the luxury segment of the market.

At $132,979 per square foot, this property falls into a distinct pricing tier for Miami Beach, FL. This price per square foot is in the luxury or ultra-luxury range, common in high-demand urban cores, waterfront locations, and neighborhoods in Miami Beach where supply is severely constrained relative to demand.

Real Estate in Miami Beach, FL

Florida is a popular real estate market known for waterfront properties, resort-style communities, and favorable tax conditions with no state income tax. Miami has become one of the most expensive markets in the country, while Tampa, Orlando, and Jacksonville each offer distinct pricing dynamics and lifestyle options. The state has experienced significant population migration from northern states, driving price appreciation across coastal and inland communities alike.

What Determines Value in the Luxury Segment

In the luxury price range where this condo in Miami Beach sits, buyers are typically weighing a specific set of trade-offs. Luxury buyers tend to place greater weight on privacy, unique architectural features, lot quality, and the prestige of the specific address within a neighborhood. Luxury markets can be more sensitive to broader economic conditions and tend to have longer average days on market than mid-range properties.

Properties like this condo in Miami Beach are part of the Housle game database, where players compare real home prices from across America. Understanding what makes each home worth what it sold for — the location within its market, the specific features, the year it was built, and the condition at time of sale — is exactly the kind of knowledge that Housle builds through repeated exposure to real listings.

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