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1460 Ocean Dr # 407, Miami Beach FL 33139

Condo/Co-op For Sale
$419,000

BTC: 4.89772063

ETH: 167.60000000

New
2 bds
2 ba
720 sqft

Overview

FIRST TIME EVER ON THE MARKET! Fully renovated unit at 1460 Ocean Drive with high ceilings, impact windows and doors, brand-new appliances, new flooring throughout, renovated kitchen, beautifully updated bathrooms, and a washer and dryer inside the unit — the only unit in the building with one. The ceilings were also raised specifically for this unit during the renovation, creating a more open feel while keeping the new finishes clean and seamless. The building has recently passed its 40-year recertification and has a NEW A/C system on the roof. LOCATION, LOCATION, LOCATION! Just steps from the beach and a short walk across from Española Way, with restaurants, bars, shopping, and everything South Beach has to offer right outside your door. The unit can be rented immediately, with 90-day rentals allowed up to 4 times per year. A great opportunity for an end user or investor looking for a fully renovated unit with features you won't find in the other units in the building.

Location

Florida • Miami Beach • 33139 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
Other / On Street
Year Built:
1937
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$582
Cooling:
Ceiling Fan(s) / Central Air / Electric
HOA:
$1,100

Valuation

Our model vs. what's actually selling nearby.
Estimate
$310,000
$223K – $426K
Confidence Low
List vs. estimate
$109K above estimate
List $419,000 · +35.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$581
-3.6% vs. city median $603
Based on
188 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $289K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,725
2025
HOA
$1,100/mo
View
Garden View, Other View
All facts and features

  • Flooring

    • Vinyl

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Dryer

    • Ice Maker

    • Microwave

    • Other Equipment/Appliances

    • Water Purifier

    Other interior features

    • Interior Hall

    • Built-in Features

    • Cooking Island

    • Other

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Other

    • On Street

    Other Property Information

    • Parcel Number: 02-32-34-082-0270

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,100

    • HOA Frequency: Monthly

    • Annual tax amount: $5,725

  • Source details

    • MLS ID: A12091769

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Laundry Features: Utility Room/Laundry / Common Area

    • Window Features: High Impact Windows / Impact Glass

    • Living Area: 720

    • Subdivision Name: THE DRAKE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,054
median $550K
Active
Same city
Miami Beach
2,514
median $639K
Active
Same type
Condo/Co-op
1,868
median $510K
Active
Similar price
$293K – $544K
645
median $399K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty