THE DRAKE CONDO

1460 Ocean Dr # 208, Miami Beach FL 33139

2 beds · 1.5 baths · 890 ft²

For Sale · Active Listing

$390,000

Est. Payment $2,076/mo

MLS Sheet Video

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.

Market insights for Miami Beach

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

Sellers market

August 2026

100/100
Buyers marketSellers market

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).

8/12/2026Listed 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

1460 Ocean Dr # 208, Miami Beach FL 33139Directions

Estimated Monthly Payment

$2,551/mo

Principal & Interest

$2,076

Property Tax

$325

Insurance

$150

HOA

$0

20% ($78,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Updated 6 hours ago

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