THE DRAKE CONDO

1460 Ocean Dr # 201, Miami Beach FL 33139

2 beds · 1 baths · 850 ft²

For Sale · Active Listing

$3,500

Est. Payment $19/mo

MLS Sheet Video

2

Bedrooms

1

Bathrooms

850

Sq. Ft.

1937

Year Built

3

Stories

1

Days on Market

Description

Beautiful 2BR/1BA apartment steps from the sand on iconic Ocean Drive. Bright interiors, updated finishes, and a functional layout ideal for beach living. Boutique building in the heart of South Beach, surrounded by world-class dining, shopping, and entertainment. Perfect as a primary residence, vacation home, or high-demand investment property. Move-in ready.

Facts

MLS#
A12089003
Subdivision
THE DRAKE CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1937
Lot Size
0 sqft
Sq. Ft.
850 ft²
Sq. Mt.
79 m²
Price per sq. ft.
$4/ft²
Price per sq. mt.
$44/m²
Stories
3
Garage
Pool
Days on Market
1 day
Listed
Sep 14, 2026
Last Updated
Sep 15, 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

September 2026

100/100
Buyers marketSellers market

64

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).

9/14/2026Listed for sale$3,500

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 # 201, Miami Beach FL 33139Directions

Affordability

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

$11,667

gross income / month to qualify

Monthly rent$3,500
Required annual income$140,000
Security deposit (est.)$3,500
Move-in cost (1st + last + security)$10,500

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

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