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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12070366
$390,000

1460 Ocean Drive 208, Miami Beach, FL 33139

Beds
2
Baths
2
Sqft
890
Est. payment$4,184/mo
Home type
Condominium
Year built
1937
Lot size
—
Price / sqft
$438
HOA
$1,410/mo
Community
THE DRAKE CONDO

Property description

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.

Listing activity

Days on market
73
Listed
Aug 12, 2026
MLS listing updated
Aug 31, 2026
Feed last checked
9 minutes ago

Listed by Ugo Cortesano · Corte Real Estate Group LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
1.5
Full bathrooms
1
Half bathrooms
1

Rooms & features

Rooms
0
Interior features
Elevator, Entrance Foyer, Pantry
Flooring
Tile
Appliances
Electric Water Heater, Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator
Other equipment
Intercom

Heating & cooling

Heating
Central
Cooling
Ceiling Fan(s), Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
On Street
Attached garage
No

Exterior

Stories
5
Building area
890 sqft
Entry level
1
Exterior features
Awning(s), Lighting, Other
View
Garden, Other
Waterfront property
No

Lot

Road frontage
East of US-1
Construction

Type & style

Home type
Condominium
Year built
1937

Materials

Construction
CBS
Utilities & green energy

Utilities

Electric
Circuit Breakers
Community & HOA

Community

Subdivision
THE DRAKE CONDO
MLS area
2320
Security
Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Security Fence, Smoke Detector(s), Other
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,410 monthly
Estimated monthly dues
$1,410
Amenities
Maintenance, Bike Storage, Elevator(s), Jogging Path, Laundry, Lobby
Services included
Elevator
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12070366
Possession
Negotiable
Original list price
$390,000
Parcel number
0232340820080
Annual property tax
$6,662
Tax year
2025
Tax legal description
THE DRAKE CONDO UNIT 208 UNDIV 3.916 % INT IN COMMON ELEMENTS OFF REC 15838-2934 OR 18087-3627 0498 1
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Bike Storage, Elevator(s), Jogging Path, Laundry, Lobby
Association Fee Frequency
Monthly
Association Fee Includes
Elevator
Association
Yes
Bathrooms Total Decimal
1.5
Bathrooms Total Integer
2
Building Area Total
890
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
73
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
List Price
390000
Listing Contract Date
2026-08-12
Living Area
890
MLSArea Major
2320
Mls Status
Active
On Market Date
2026-08-12
Photos Count
36
Postal Code
33139
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
East of US-1
Rooms Total
0
Security Features
Entry - Phone/Intercom, Fire Alarm, Key Card Entry, Security Fence, Smoke Detector(s), Other
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-08-12T04:00:00Z
Stories Total
5
Subdivision Name
THE DRAKE CONDO
Tax Annual Amount
6662
Bathrooms Full
1
Bedrooms Total
2
Waterfront
No
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
1410

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Aug 12, 2026ListedMIAMI REALTORS® MLS$390,000$438/sqft

Public tax history

YearProperty taxesAssessment
2025$6,662—

Payment calculator

Estimated monthly payment$4,184/moIllustrative estimate, not a loan offer.
Principal & interest
$2,024
Property taxes
$555
Insurance
$195
Association dues
$1,410

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

THE DRAKE CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach Fienberg / Fisher K-8Elementary
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Corte Real Estate Group LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.