THE DRAKE CONDOMINIUM
1460 Ocean Drive, Miami Beach FL 33139
3 beds · 2.5 baths · 1,220 ft²
$5,500
Est. Payment $29/mo
3
Bedrooms
2.5
Bathrooms
1,220
Sq. Ft.
1937
Year Built
5
Stories
97
Days on Market
Description
Experience the pinnacle of art-deco with this stunning 3-bedroom, 2.5-bath penthouse on iconic Ocean Drive. Nestled within walking distance of vibrant Lincoln Road, this sophisticated residence offers unparalleled views from its expansive terrace, perfect for al fresco dining and sunbathing. Enjoy modern elegance with high-end finishes, spacious living areas, and a seamless blend of indoor-outdoor living. Step out and immerse yourself in the vibrant energy of South Beach, or retreat to your private oasis and savor breathtaking sunsets over the Atlantic.
Facts
- MLS#
- F10457379
- Subdivision
- THE DRAKE CONDOMINIUM
- Property Type
- Residential Lease
- Property Sub Type
- Condominium
- Year Built
- 1937
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,220 ft²
- Sq. Mt.
- 113 m²
- Price per sq. ft.
- $5/ft²
- Price per sq. mt.
- $49/m²
- Stories
- 5
- Garage
- —
- Pool
- —
- Days on Market
- 97 days
- Listed
- Aug 20, 2024
- Last Updated
- Aug 20, 2026
- Price/Lot Sq.Ft.
- —
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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
35
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).
| 8/20/2026 | Sold | $5,500 |
| 8/20/2024 | Listed for sale | $5,500 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Affordability
What you'd typically need to qualify for this rental under the standard 30% rule.
$18,333
gross income / month to qualify
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.
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 within 24 hours
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