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1460 Ocean Dr # 208, Miami Beach FL 33139

Condo/Co-op For Sale
$390,000

BTC: 6.02595797

ETH: 204.97834588

3 days
2 bds
1 ba
890 sqft

Overview

Charming two-story remodeled Art Deco residence at the historic The Drake Building, featured on the Art Deco tour and ideally located on iconic Ocean Drive. This unique 2-bedroom, 2-bathroom apartment offers two spacious bedrooms with abundant natural light, updated bathrooms, an open-concept living, dining and kitchen area, and beautiful terracotta floors throughout. Ideally situated at the quieter end of Ocean Drive, just steps from the beach, this residence offers a rare opportunity to enjoy the South Beach lifestyle while remaining slightly removed from the busiest part of the action. Currently rented for $3,000 per month, the property offers immediate income potential for investors, while also presenting an exceptional opportunity for a future owner-occupant looking to live on iconic Ocean Drive at an attractive price point. With its unique two-level layout, historic Art Deco character, prime location and proximity to the ocean, this is a rare opportunity in the heart of Miami Beach. Schedule your private showing today.

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1937
Lot:
No Data
Heating:
Central
Price/sqft:
$438
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$1,410

Valuation

Our model vs. what's actually selling nearby.
Estimate
$421,950
$316K – $549K
Confidence Low
List vs. estimate
$31K below estimate
List $390,000 · -7.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$438
-26.4% vs. city median $595
Based on
92 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $253K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,662
2025
HOA
$1,410/mo
View
Garden View, Other View
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    Other interior features

    • Lobby

    • First Floor Entry

    • Elevator

    • Entrance Foyer

    • Pantry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Bathrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: East Of Us1 / Other

    Other Property Information

    • Parcel Number: 02-32-34-082-0080

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,410

    • HOA Frequency: Monthly

    • Annual tax amount: $6,662

  • Source details

    • MLS ID: A12070366

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Common Area

    • Patio And Porch Features: Awning(s)

    • Architectural Style: Corner Unit

    • Living Area: 890

    • 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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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: Corte Real Estate Group LLC