THE DRAKE CONDO

1460 Ocean Dr # 308, Miami Beach FL 33139

1 beds · 1 baths · 550 ft²

For Sale · Active Listing

$395,000

Est. Payment $2,102/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

550

Sq. Ft.

1937

Year Built

4

Stories

3

Days on Market

Description

Welcome to The Drake Condo, an iconic Art Deco building in the heart of South Beach! This beautifully renovated and fully furnished 1-bedroom, 1-bathroom residence features premium finishes, brand-new appliances, new flooring, and modern upgrades throughout. Bright and inviting, the unit is move-in ready and perfectly situated on the famous Ocean Drive, directly across from the beach and steps from some of Miami Beach’s best restaurants, boutiques, shopping, and entertainment. The building has also been tastefully renovated, adding to its charm and appeal. Whether you’re looking for a primary residence, vacation retreat, or investment opportunity, this property offers the perfect combination of style, comfort, and location. Experience the best of the South Beach lifestyle at The Drake Condo!

Facts

MLS#
A12105907
Subdivision
THE DRAKE CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1937
Lot Size
0 sqft
Sq. Ft.
550 ft²
Sq. Mt.
51 m²
Price per sq. ft.
$718/ft²
Price per sq. mt.
$7,745/m²
Stories
4
Garage
—
Pool
—
Days on Market
3 days
Listed
Oct 13, 2026
Last Updated
Oct 17, 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

October 2026

100/100
Buyers marketSellers market

45

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).

10/17/2026Listed for sale$395,000

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 # 308, Miami Beach FL 33139Directions

Estimated Monthly Payment

$2,582/mo

Principal & Interest

$2,102

Property Tax

$329

Insurance

$150

HOA

$0

20% ($79,000)
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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