The Drake Condo

1460 Ocean Drive, Miami Beach FL 33139

3 beds · 2.5 baths · 1,220 ft²

Closed

$5,000

13.64%

Est. Payment $27/mo

MLS Sheet Video

Bedrooms

2.5

Bathrooms

1,220

Sq. Ft.

1937

Year Built

Stories

Days on Market

Description

Chic Art Deco lifestyle on Ocean Dr. in unique Two Story Townhome Style Penthouse, interior designed and build by Vision Miami. Beautiful European style renovation, lovely fully equipped Kitchen, build in Dining area. 3 Bedrooms on second level, Ensuite Master Bedroom. All rooms feature stylish build-in closets. Full size Washer and Dryer in unit. The Extra large Rooftop Terrace is perfect for relaxation or entertaining, enjoy Lovely views and ocean breeze. Conveniently steps from beach, Lummus Park, Espanola Way. Front of the building feature City bikes, Starbucks, Boutiques, cafes. Can be rented with furniture, pictures are staged. New furniture is mainly white, when ready pictures will be posted. Owner is open for shorter terms with different higher rate. Pet friendly.

Facts

MLS#: F10537774
Subdivision: The Drake Condo
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.: $4/ft²
Price per sq. mt.: $44/m²
Stories: 5
Garage: —
Pool: —
Days on Market: 62 days
Listed: Nov 19, 2025
Last Updated: Jun 28, 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

July 2026

100/100

Buyers marketSellers market

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).

6/28/2026	Sold	$5,000
1/1/2026	Price change	$5,000+13.6%
11/19/2025	Listed for sale	$4,400

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, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Margate Elementary School
PK,KG,1,2,3,4,5 · public · 0.4 mi
Faith Christian School
PK,KG,1,2,3,4,5,6,8,9,10,11 · private · 0.4 mi
Phyl's Academy Preparatory School
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
Phyl's Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
Temple Beth Am Ecc
KG · private · 0.6 mi
Meridian High School
9,10,11,12 · private · 0.6 mi
Winfield Christian Academy
PK,TK,KG,1,2 · private · 0.8 mi
Hebrew Academy Community School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.9 mi
Broward Math and Science Schools
KG,1,2,3,4,5,6,7,8,9,10,11,12 · charter · 1.1 mi
Rise Academy School Of Science And Technology
KG,1,2,3,4,5,6,7,8 · charter · 1.1 mi

Affordability

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

$16,667

gross income / month to qualify

Monthly rent$5,000

Required annual income$200,000

Security deposit (est.)$5,000

Move-in cost (1st + last + security)$15,000

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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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