THE DRAKE CONDO
1460 Ocean Dr # 208, Miami Beach FL 33139
2 beds · 1.5 baths · 890 ft²
$390,000
Est. Payment $2,076/mo
2
Bedrooms
1.5
Bathrooms
890
Sq. Ft.
1937
Year Built
5
Stories
1
Days on Market
Description
Charming two-story remodeled Art Deco residence at the historic The Drake Building, featured on the Art Deco tour and ideally located on iconic Ocean Drive. This unique 2-bedroom, 2-bathroom apartment offers two spacious bedrooms with abundant natural light, updated bathrooms, an open-concept living, dining and kitchen area, and beautiful terracotta floors throughout. Ideally situated at the quieter end of Ocean Drive, just steps from the beach, this residence offers a rare opportunity to enjoy the South Beach lifestyle while remaining slightly removed from the busiest part of the action. Currently rented for $3,000 per month, the property offers immediate income potential for investors, while also presenting an exceptional opportunity for a future owner-occupant looking to live on iconic Ocean Drive at an attractive price point. With its unique two-level layout, historic Art Deco character, prime location and proximity to the ocean, this is a rare opportunity in the heart of Miami Beach. Schedule your private showing today.
Facts
- MLS#
- A12070366
- Subdivision
- THE DRAKE CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 1937
- Lot Size
- 0 sqft
- Sq. Ft.
- 890 ft²
- Sq. Mt.
- 83 m²
- Price per sq. ft.
- $438/ft²
- Price per sq. mt.
- $4,699/m²
- Stories
- 5
- Garage
- —
- Pool
- —
- Days on Market
- 1 day
- Listed
- Aug 12, 2026
- Last Updated
- Aug 13, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
50
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).
| 8/12/2026 | Listed for sale | $390,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$2,551/mo
Principal & Interest
$2,076
Property Tax
$325
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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 6 hours ago
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