Luxury condo — 1985 S Ocean Drive 15M · Hemispheres Ocean South · Hallandale Beach
South Florida Luxury Living
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1985 S Ocean Drive 15M, Hallandale Beach, FL 33009
Hallandale Beach, FL, 33009
Listed by Halprin Realty LLC
1985 S Ocean Drive 15M, Hallandale Beach, FL 33009
Listed by Halprin Realty LLC
Add this home to your tour day
Pick up to 6 homes. Simon confirms times with each listing agent, then sends you the final schedule.
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Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated Monthly Payment
20% down · 6.75% interest · 30-year loan
Principal, interest, taxes and insurance, HOA. Property Tax (after sale). Estimated; not a lender quote.
- Principal & interest
- $1,551/mo
- Property tax (after sale) est.
- $466/mo
- Homeowners insurance est.
- $216/mo
- HOA
- $919/mo
Estimate only, not guaranteed. Verify before you buy or sell.
Cash to close
1985 S Ocean Drive 15M, Hallandale Beach, FL 33009
Estimated cash to close est.
$71,110.27
Down payment plus Florida taxes, title, lender and prepaid costs.
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Loan amount (calculated): $239,200.00
Current site planning rate. Rate does not change the taxes or fees below. Prepaid interest is not included.
Edit closing costs & prepaids
Assumes both policies cover identical land and dates, with loan coverage within owner coverage—even if the seller pays owner title. Minimum lender premium $25. Turn off if not eligible. Endorsement allowance defaults to one $25 endorsement; actual requirements and premiums vary (Florida 69O-186.005).
Appraisal starts at $650. Waterfront and luxury homes may require a higher fee; confirm with your lender.
Tax uses existing ZIP estimates (after sale); insurance uses existing site estimates. Edit with your quote. If HOA insurance is included, confirm separate unit-owner coverage. Missing HOA costs are excluded—not assumed zero.
Estimated cash to close est.
$71,110.27
- Down payment est.
- $59,800.00
- Mortgage note documentary stamps est.
- $837.20
- Mortgage intangible tax est.
- $478.40
- Lender’s title insurance est.
- $25.00
- Lender title endorsements est.
- $25.00
- Lender fees est.
- $1,500.00
- Appraisal est.
- $650.00
- Owner’s title insurance est.
- $1,570.00
- Title search & examination est.
- $125.00
- Municipal lien search est.
- $150.00
- Settlement / closing fee est.
- $450.00
- County recording (deed) est.
- $30.00
- County recording (mortgage) est.
- $120.00
- Inspection, wind mitigation & 4-point est.
- $900.00
- Survey est.
- $500.00
- Property tax escrow (2 months, after sale) est.
- $932.67
- Insurance escrow (2 months) est.
- $431.00
- First-year insurance premium est.
- $2,586.00
- HOA / condo contribution or transfer est.
- Not provided
Partial estimate: unknown amounts are excluded. Ask Simon to verify them.
Mortgage stamps: $0.35 per $100 or fraction. Intangible tax: 0.2% of loan. Title uses Florida 69O-186.003 base rates. Assumes 2 months of tax/insurance escrow for financed purchases plus first-year insurance; cash purchases have no lender escrow.
Before deposits and credits. Prepaid interest and other contract costs are not included. Discounts and title endorsements must be confirmed by the title company. Title search, municipal lien search, settlement and recording are pass-through title company charges for cash and financed buyers alike; the municipal lien search is priced by each city and can run higher (e.g. Boca Raton $150, Coral Gables $220).
Estimate only. Your lender's Loan Estimate and the title company's closing disclosure are the final numbers. Not financial advice.
Estimate only, not guaranteed. Verify before you buy or sell.
Insurance & flood
- Flood zone (FEMA)
- Zone AE Coastal FloodplainFlood insurance required
- Homeowners insurance est.
- $216 / month
Flood insurance is required with a federally backed mortgage (FHA, VA, USDA, or a conventional loan from a federally regulated lender). The monthly insurance estimate above does not include flood insurance — see "Show details" for the flood rules and the official FEMA map.
Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
Flood zone: AE
High-risk mapped flood area (1% annual chance of flooding).
Source: FEMA National Flood Hazard Layer · Date checked: Oct 22, 2026
- Roof type
- Not provided —
- Roof year
- Not provided —
- Impact windows / doors
- Impact Glass (Complete)
- Shutters
- Not provided —
- Window features
- Impact Glass (Complete)
- Year built
- 1972
Homeowners insurance: $216 / month est.
- Annual premium est.
- $2,281
- Fees & taxes est.
- $305
- Annual total est.
- $2,586
- Likely range est.
- $2,198–$3,103
- Dwelling coverage est.
- $206,625
- Other structures est.
- $4,133
- Personal property est.
- $41,325
- Loss of use est.
- $20,663
- Hurricane deductible (2%) est.
- $4,133
Based on the listing: 870 sq ft · built 1972 · 23 stories · impact windows / shutters.
Dwelling coverage uses living area × county rebuilding cost. Selling price and land value are not included. The monthly estimate includes fees and applicable taxes.
Broward inland rates were calibrated against two supplied policies; other county and coastal rates have not yet been calibrated against real quotes.
Assumed where the listing is silent: concrete-block construction · coastal rating band · roof 6–15 years old · gable roof · standard finish · 2% hurricane deductible · admitted carrier; no surplus-lines tax. A newer roof, a hip roof shape, or a higher deductible can lower the premium; frame construction can raise it.
Educational estimate only, not an insurance quote. Actual premiums depend on the carrier, inspections, discounts, and underwriting. Flood insurance not included. Simon Gedz is a Realtor, not a licensed insurance agent.
Special Flood Hazard Area. With a federally backed mortgage (FHA, VA, USDA, or a conventional loan from a federally regulated lender), flood insurance is required.
The FEMA map is a strong indication, not the final answer: your lender orders its own flood zone determination. Cash buyers are not required to carry flood insurance, but on the water it is strongly recommended.
Florida rule: by 2027, Citizens policyholders must carry flood insurance even outside a flood zone, unless the Citizens policy excludes wind coverage. The FEMA map does not show this.
How flood insurance is priced (FEMA Risk Rating 2.0)
Flood insurance is priced home by home, so two neighbors on the same canal can pay very different amounts. Premiums depend on the home's elevation (first-floor height above the expected flood level), distance to water (ocean, Intracoastal, canal or river), the type of flood risk (storm surge, heavy rain or river overflow), the cost to rebuild, the foundation and construction type, and past flood claims on the property.
Federal flood insurance (NFIP) pays at most $250,000 for the building and $100,000 for contents. A luxury waterfront home needs private flood insurance or an "excess flood" policy on top.
Before an offer: pull the official FEMA flood map (FIRMette), ask the seller for an elevation certificate (it largely decides the price), ask whether the seller's existing NFIP policy can be transferred to you (sometimes at a lower rate), and have an insurance agent check prior flood claims (CLUE report). New NFIP policies usually have a 30-day wait before they take effect — don't leave it until the week of closing.
Insurance estimates vary widely. Get a real quote before you make an offer.
Estimate only, not guaranteed. Verify before you buy or sell.
About This Property
Find similar homesCurrently rented through 5/31/27 and being sold furnished, offering an excellent investor-friendly opportunity with immediate income. This charming 'M' line residence delivers coastal elegance with expansive north-facing exposure showcasing ocean, bay, and skyline views. Full impact windows and sun-filled interiors create a warm, inviting atmosphere throughout. The spacious 1-bedroom layout includes an eat-in kitchen, 1.5 baths, a walk-in closet, and multiple storage closets. Located within the iconic Hemispheres on Ocean Drive in Hallandale Beach, the home offers comfort, flexibility, and convenience. Residents enjoy exceptional amenities including heated pools, beach service, tennis, pickleball, marina, fitness centers, on-site dining, mini-marts, social activities, 24-hour security, and more. Maintenance includes WiFi, A/C, hot and cold water, and basic cable. Ideally located near South Beach, Fort Lauderdale, casinos, Gulfstream Park, Aventura Mall, houses of worship, hospitals, parks, and endless dining options. A second parking space is available for a nominal annual fee. Sellers are relocating, creating a unique opportunity for the next owner to acquire a furnished income-producing property within one of South Florida's premier beachfront communities. Qualified offers are welcomed. Live the Hemispheres lifestyle. The Hemispheres is one of the most iconic and recognizable oceanfront communities in South Florida, known for its unmatched location, resort-style amenities, and timeless architectural presence along the coastline. Spanning both the ocean and the Intracoastal, the complex offers residents the rare opportunity to enjoy sunrise over the Atlantic and sunset over the bay—an experience that defines the Hemispheres lifestyle. This particular unit captures that magic with sweeping, unobstructed views of the ocean, bay, and shimmering city skyline, creating a backdrop that feels alive from day to night.The Hemispheres is a landmark community consisting of four towers strategically positioned along Ocean Drive in Hallandale Beach. Its reputation for strong management, extensive amenities, and a vibrant social atmosphere has made it a preferred destination for both full-time residents and seasonal owners. The property offers direct beach access, beautifully maintained grounds, and an impressive list of amenities that rival many private resorts. Residents enjoy heated pools, beach service, lighted tennis courts, a full marina with lounge, jet ski dock, pickleball groups, putting green, golf swing net, billiards, ping pong, card rooms, shuffleboard, basketball court, fitness centers, sun decks, BBQ areas, and multiple on-site conveniences including a restaurant, two mini-markets, and a beachside café. The bayfront pool area features a self-serve snack station and peaceful water views, perfect for relaxing afternoons.The community is known for its active lifestyle offerings, with social events, fitness classes, and recreational activities available throughout the year. Security is provided 24 hours a day, and on-site management ensures smooth operations and resident support. Maintenance fees include WiFi, A/C, hot and cold water, and basic cable—adding significant value and convenience.The surrounding area enhances the appeal even further. Hallandale Beach sits between Miami and Fort Lauderdale, offering quick access to both cities while maintaining a relaxed coastal atmosphere. The Hemispheres is minutes from the world-famous Hollywood Broadwalk, Aventura Mall, Gulfstream Park Racing & Casino, the Diplomat Landing marina, and countless restaurants ranging from casual beachfront cafés to upscale dining. Essential services such as Publix, pharmacies, banks, houses of worship, medical centers, and parks are all nearby. Transportation options are abundant, including city shuttles, bus routes, and easy access to major highways and both international airports.This location is ideal for those seeking a blend of beachside tranquility and urban convenience. Whether enjoying a morning walk along the shoreline, dining at waterfront restaurants, exploring nearby cultural attractions, or simply relaxing on the balcony with panoramic views, the lifestyle offered here is truly exceptional.The Hemispheres continues to be one of the most desirable and enduring communities on Ocean Drive—known for its amenities, location, and strong sense of community. This unit presents a wonderful opportunity to enjoy everything the Hemispheres has to offer, with the added benefit of breathtaking views and a layout that can be personalized to your taste. Sellers are relocating and have priced the residence appropriately; qualified, well-considered offers are welcomed.
Building health
- Building
- 1985· MLS
- Year built
- 1972· MLS
- Stories
- 23· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes, Cats OK· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $919 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details

Cats
Welcome per listing rules
1985 S Ocean Drive 15M, Hallandale Beach, FL 33009 · Hallandale Beach
Location
1985 S Ocean Drive 15M, Hallandale Beach, FL 33009
Dock & Draft Match™
Dock / slip — ask about dock
Boat fit not verified. Confirm dock length, depth, bridges and ocean access before buying.
What buyers ask about this home
What are the estimated monthly carrying costs at 1985 S Ocean Drive 15M, Hallandale Beach, FL 33009?+
Property tax (after sale): $466/month est.; homeowners insurance: $216/month est.; HOA: $919/month. Fixed ownership costs before a mortgage: $1,601/month est. Principal and interest: $1,551/month; PMI: $0/month. Total for the payment scenario shown: $3,152/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1985 S Ocean Drive 15M, Hallandale Beach, FL 33009?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1985 S Ocean Drive 15M, Hallandale Beach, FL 33009 need flood insurance, and what drives the premium?+
Most of Hallandale Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 1985 S Ocean Drive 15M, Hallandale Beach, FL 33009?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 1985 S Ocean Drive 15M, Hallandale Beach, FL 33009 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Hallandale Beach luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 1985 S Ocean Drive 15M, Hallandale Beach, FL 33009?+
This listing has been on the market 4 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Hallandale Beach, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Gulfstream Academy Of Hallandale Beach
Elementary · 2.6 mi from this home · 1000 S W 3Rd St, Hallandale Beach
Gulfstream Academy Of Hallandale Beach
Middle school
Zone boundaries published by Broward County Public Schools.
Other options for this address
Hollywood Academy Of Arts And Science Middle School
Middle school · Charter · Grades 6–8 · Hollywood
Mati Talent Institute Private School
Pre-K & Kindergarten · Private · Grades PK–12 · Hallandale Beach
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
Guidepost Montessori At Hollywood Beach
Pre-K & Kindergarten · Private · Grades PK–12 · Hollywood
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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