THE DRAKE CONDOMINIUM

1460 Ocean Drive, Miami Beach FL 33139

3 beds · 2.5 baths · 1,220 ft²

Closed

$978,000

Est. Payment $5,205/mo

MLS Sheet Video

3

Bedrooms

2.5

Bathrooms

1,220

Sq. Ft.

1937

Year Built

4

Stories

67

Days on Market

Description

Welcome to The Drake Condo, your ultimate art-deco iconic retreat in the vibrant heart of South Beach! This exquisite 3-bedroom, 2.5-bath pent-house features a sophisticated two-story layout, offering a seamless blend of style and comfort. The master suite is a serene haven, designed for relaxation and tranquility, while the additional bedrooms offer flexibility for your lifestyle needs. The rooftop terrace is perfect for unwinding or entertaining, complete with stunning views that capture the essence of South Beach living. Located just moments from premier dining, shopping, and beautiful beaches, The Drake Condo presents an unparalleled opportunity to immerse yourself in the dynamic South Beach lifestyle. Don't miss your chance to make this coveted residence your new home!

Facts

MLS#
F10521198
Subdivision
THE DRAKE CONDOMINIUM
Property Type
Residential
Property Sub Type
Condominium
Year Built
1937
Lot Size
0 sqft
Sq. Ft.
1,220 ft²
Sq. Mt.
113 m²
Price per sq. ft.
$802/ft²
Price per sq. mt.
$8,655/m²
Stories
4
Garage
Pool
Days on Market
67 days
Listed
Aug 11, 2025
Last Updated
May 23, 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

July 2026

100/100
Buyers marketSellers market

41

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).

5/23/2026Sold$978,000
8/11/2025Listed for sale$978,000

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

Estimated Monthly Payment

$6,170/mo

Principal & Interest

$5,205

Property Tax

$815

Insurance

$150

HOA

$0

20% ($195,600)
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

Hablo Español

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