THE DRAKE CONDO

1460 Ocean Drive # 205, Miami Beach FL 33139

2 beds · 2 baths · 910 ft²

For Sale · Active Listing

$425,000

Est. Payment $2,262/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

910

Sq. Ft.

1937

Year Built

4

Stories

129

Days on Market

Description

Beautifully updated Drake residence blending timeless Art Deco charm with a modern coastal feel. Enjoy an updated kitchen, renovated baths, and grey wood-look luxury vinyl flooring. Ideally located within walking distance to the beach, restaurants, shopping, and nightlife. This unique two-story residence features a rare two-level layout that provides the privacy and flow of a townhouse space within a classic Art Deco setting. Best access to The Drake Hotel Miami Beach is via Collins Avenue. From I-95, take I-195 East (Julia Tuttle Causeway), continue onto Arthur Godfrey Rd, then head south on Collins Avenue to the property. Alternatively, from MacArthur Causeway, head north on Collins Avenue. Parking options include metered street parking along Collins Avenue and nearby side streets, as well as several public parking garages within walking distance. Nearby garages typically include options on 7th Street and 12th Street, providing convenient short- and long-term parking for residents and guests.

Facts

MLS#
B26020064
Subdivision
THE DRAKE CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1937
Lot Size
0 acres
Sq. Ft.
910 ft²
Sq. Mt.
85 m²
Price per sq. ft.
$467/ft²
Price per sq. mt.
$5,000/m²
Stories
4
Garage
Pool
Days on Market
129 days
Listed
Apr 24, 2026
Last Updated
Aug 31, 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

39

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).

4/24/2026Listed for sale$425,000

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

Location

1460 Ocean Drive # 205, Miami Beach FL 33139Directions

Estimated Monthly Payment

$2,766/mo

Principal & Interest

$2,262

Property Tax

$354

Insurance

$150

HOA

$0

20% ($85,000)
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 12 hours ago

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