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1460 Ocean Dr # 308, Miami Beach FL 33139

Condo/Co-op For Sale
$395,000

BTC: 4.75903614

ETH: 162.41776316

3 days
Waterfront
1 bds
1 ba
550 sqft

Overview

Welcome to The Drake Condo, an iconic Art Deco building in the heart of South Beach! This beautifully renovated and fully furnished 1-bedroom, 1-bathroom residence features premium finishes, brand-new appliances, new flooring, and modern upgrades throughout. Bright and inviting, the unit is move-in ready and perfectly situated on the famous Ocean Drive, directly across from the beach and steps from some of Miami Beach’s best restaurants, boutiques, shopping, and entertainment. The building has also been tastefully renovated, adding to its charm and appeal. Whether you’re looking for a primary residence, vacation retreat, or investment opportunity, this property offers the perfect combination of style, comfort, and location. Experience the best of the South Beach lifestyle at The Drake Condo!

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1937
Lot:
No Data
Heating:
Central
Price/sqft:
$718
Cooling:
Central Air
HOA:
$831

Valuation

Our model vs. what's actually selling nearby.
Estimate
$275,000
$199K – $374K
Confidence Low
List vs. estimate
$120K above estimate
List $395,000 · +43.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$718
+23.1% vs. city median $583
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $295K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,300
2025
HOA
$831/mo
View
Garden View
Waterfront
Ocean Front
Furnished
Furnished
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Ice Maker

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • First Floor Entry

    • Cooking Island

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: East Of Us1 / Courtyard

    Other Property Information

    • Parcel Number: 02-32-34-082-0180

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $831

    • HOA Frequency: Monthly

    • Annual tax amount: $4,300

  • Source details

    • MLS ID: A12105907

    Other facts

    • Construction Materials: Concrete Block Construction

    • Waterfront: Yes

    • Living Area: 550

    • 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

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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: Luxe Properties