THE DRAKE CONDO

1460 Ocean Dr # 305, Miami Beach FL 33139

2 beds · 2 baths · 720 ft²

For Sale · Active Listing

$3,800

Est. Payment $20/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

720

Sq. Ft.

1937

Year Built

3

Stories

1

Days on Market

Description

Live the Miami Beach lifestyle from this beautifully remodeled 2-bedroom, 2-bath residence ideally located on iconic Ocean Drive, directly across from the beach. Enjoy the convenience of having the ocean, restaurants, cafés, shopping, and everything South Beach has to offer just steps from your front door. The apartment has been thoughtfully updated throughout, featuring a renovated kitchen, newer appliances, stylish flooring, newer windows, a newer A/C system, tankless water heater, and two full bathrooms. The building has also been beautifully updated, offering a fresh and welcoming atmosphere. Perfect for enjoying the energy and convenience of South Beach, this residence offers an exceptional opportunity to live in one of Miami Beach’s most famous locations—with the beach as your backyard and the best of Ocean Drive right outside your door.

Facts

MLS#
A12061457
Subdivision
THE DRAKE CONDO
Property Type
Residential Lease
Property Sub Type
Apartment
Year Built
1937
Lot Size
0 sqft
Sq. Ft.
720 ft²
Sq. Mt.
67 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$57/m²
Stories
3
Garage
Pool
Days on Market
1 day
Listed
Jul 28, 2026
Last Updated
Jul 29, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/28/2026Listed for sale$3,800

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1460 Ocean Dr # 305, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$12,667

gross income / month to qualify

Monthly rent$3,800
Required annual income$152,000
Security deposit (est.)$3,800
Move-in cost (1st + last + security)$11,400

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 13 hours ago

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