1500 Ocean Drive Unit #707
Rent
US$8,500
Address:
1500 Ocean Drive,
Miami Beach, FL 33139
Area:
South Beach (SoBe)
Location:
Oceanfront
Year built:
1998
Bedrooms:
1,2,3,4,5
Units:
112 total — 5 for rent
Pet friendly:
Contact for pet restriction
Rental price range:
US$8,500 to US$15,000/mo
1500 OCEAN DRIVE RENTAL GUIDE
Is 1500 Ocean Drive Right for You?
1500 Ocean Drive is a residential oceanfront condo on Ocean Drive itself, across from Lummus Park and the beach. You live on one of South Beach’s busiest streets, in a mid-rise condo rather than a hotel-residence tower on Collins.
Finishes, furniture, parking, and views depend on the individual condo. If you want hotel services and a branded lobby, look at 1 Hotel or the W instead of this address.
Good Fit If
- You want to live on Ocean Drive with the beach and park across the street.
- You prefer a residential condo over a hotel-residence lobby.
- You are comfortable with Ocean Drive crowds and nightlife outside the building.
Compare Other Options If
- You want larger layouts a few doors south at IL Villaggio.
- You prefer hotel services at 1 Hotel & Homes or Setai.
- You want Lincoln Road shopping at the beach, such as Decoplage.
Why Rent at 1500 Ocean Drive?
Renters choose 1500 Ocean Drive when living on Ocean Drive matters more than a quieter Collins or West Avenue block.
Beach and Park Across the Street
The building is oceanfront on Ocean Drive, with Lummus Park and the beach in front of you. That is different from renting inland and driving or walking over for every beach day.
Residential Condo, Not a Hotel Tower
This is a mid-rise condo building, not a tall hotel-residence like Setai or 1 Hotel. Shared spaces feel more residential, though Ocean Drive outside the door is still busy.
Restaurants and Beach Path on Foot
Dining, the beach path, and the Art Deco corridor are walkable from the lobby. Many evenings can stay on foot if that is how you like South Beach.
Homes Built for Longer Stays
Leases here usually cover conventional condo layouts rather than hotel-style studios. Confirm bedrooms, terrace, and exposure for the specific unit you are considering.
Things to Consider Before Renting at 1500 Ocean Drive
Every building has trade-offs. Here are a few things to consider before deciding if 1500 Ocean Drive fits your rental priorities.
Ocean Drive Is Busy
Pedestrians, nightlife, and weekend crowds are part of this street. If you want a calmer Collins block farther north, compare 1 Hotel or the W.
Homes Vary by Owner
Kitchens, baths, windows, and furniture range from original to fully updated. Do not treat the building year as a finish standard for every lease.
Lease Term Is Not Uniform
Some listings mention shorter seasonal minimums. Confirm the association’s current minimum term for the exact residence before you plan around a short stay.
Parking and Pets Need Confirmation
Assigned spaces, valet rules, and pet approval vary by condo. Get both in writing with the application package.
Renting at 1500 Ocean Drive: What to Know
Renting at 1500 Ocean Drive usually means a landlord lease plus condo association approval for the legal unit number.
- Association package: Ask for the current tenant application, fees, insurance, occupants, guests, pets, parking, and move instructions for this building only.
- Lease term: Confirm the minimum stay that applies to the residence. Do not rely on another Ocean Drive building’s rules or an old listing remark.
- Condition: Because finishes vary, photograph appliances, windows, and the balcony at move-in and keep repair duties clear in the lease.
- Building access: Ask which pool, gym, and lobby services a tenant may use under the current rules for that condo.
Association requirements can change. Verify the current application package before signing or applying.
Compare 1500 Ocean Drive With Similar South Beach (SoBe) Buildings
If you are considering 1500 Ocean Drive, start with the Ocean Drive neighbor, then decide whether hotel services or Lincoln Road matter more than this block.
IL Villaggio
IL Villaggio sits a few doors south on Ocean Drive. Compare layout size, terraces, and how each lobby feels on a busy weekend night.
Decoplage
Decoplage is oceanfront at Lincoln Road. Compare it when shopping and that corridor matter more than mid-block Ocean Drive.
1 Hotel & Homes South Beach
1 Hotel adds hotel services on the 24th Street oceanfront block. Use it when you want a branded hotel-residence rather than a residential Ocean Drive condo.
MLS List of Available Condos for Lease at the 1500 Ocean Drive
1500 Ocean Drive Unit #1005
Rent
US$9,000
1500 Ocean Drive Unit #704
Rent
US$10,000
1500 Ocean Drive Unit #702
Rent
US$12,000
US$3,000 (20% price drop)
1500 Ocean Drive Unit #1003
Rent
US$15,000
About the 1500 Ocean Drive
1500 Ocean Drive is a luxury building in the South Beach (SoBe) area with Oceanfront location. There are currently 5 condos for lease with 1,2,3,4,5 bedrooms. Rental prices starts at US$8,500. Rentals are in high demand on this building so contact us to schedule a showing. We are specialized in long term rentals.
