$425,000
1460 Ocean Drive 205
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $425,000
- Price per sq ft
- $467
- Vs. nearby sales
- 9.7% below
- Days on market
- 152
This 2-bedroom condo in ZIP 33139 is listed at $425,000, or $467 per square foot. It has been on the market for 152 days. The 6 most recent condo sales in the closings shown below sold at a median of $517 per square foot, so the asking price is 9.7% below what comparable homes here actually sold for.
Estimated monthly payment
$2,234 /mo
Principal and interest only, based on $85,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,200/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $425,000
- Days on Site
- 152 Days
- Bedrooms
- 2
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 910 sqft
- Total Sq Ft
- 910 sqft
- Year Built
- 1937
- Property Type
- Condo
- MLS #
- B26020064
- Property Tax
- $7,284 (2025)
- HOA Fees
- $1,200 / Monthly
- Subdivision
- THE DRAKE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Standard
About This Property
Beautifully updated Drake residence blending timeless Art Deco charm with a modern coastal feel. Enjoy an updated kitchen, renovated baths, and grey wood-look luxury vinyl flooring. Ideally located within walking distance to the beach, restaurants, shopping, and nightlife. This unique two-story residence features a rare two-level layout that provides the privacy and flow of a townhouse space within a classic Art Deco setting. Best access to The Drake Hotel Miami Beach is via Collins Avenue. From I-95, take I-195 East (Julia Tuttle Causeway), continue onto Arthur Godfrey Rd, then head south on Collins Avenue to the property. Alternatively, from MacArthur Causeway, head north on Collins Avenue. Parking options include metered street parking along Collins Avenue and nearby side streets, as well as several public parking garages within walking distance. Nearby garages typically include options on 7th Street and 12th Street, providing convenient short- and long-term parking for residents and guests.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1937
- Property Condition
- Resale
- Number of Stories
- 4
- Levels
- Two
- Direction Faces
- West
- Lot Size (Acres)
- 0
- Living Sq Ft
- 910
- Total Sq Ft
- 910
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 6501
Interior Features
- Appliances
- Cooktop / Dishwasher / Electric Range / Electric Water Heater / Freezer / Disposal / Microwave / Oven / Range / Refrigerator / Vented Exhaust Fan / Water Heater
- Cooling
- Central Air
- Heating
- Electric
- Flooring
- Laminate
- Interior Features
- Dual Sinks / Storage
- Laundry
- Common Area
- Main Level Bedrooms
- 0
- Main Level Baths
- 1
Exterior Features
- Construction
- Other
- Roof
- Concrete
- Exterior Features
- Awnings
- Architectural Style
- Other
Community & HOA
- HOA Fee
- $1,200 / Monthly
- Association Amenities
- Laundry / Sidewalks / Elevators
- Security
- Fire Alarm / Smoke Detectors
- Utilities
- Cable Connected / Water Connected
- Pets Allowed
- Cats Ok / Dogs Ok / Yes
- Financing Terms
- Contract
- Restrictions
- Other Restrictions
- MLS Area
- 2320
This home's HOA fee works out to $1,200 a month, in line with the $1,150 median across 4 homes for sale in this community. See the community's HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
- Homes for Sale
- 4
- Median List Price
- $404,500
- Median $/Sq Ft
- $524
- Avg Days on Market
- 49
Frequently Asked Questions
- How do I schedule a tour of 1460 Ocean Drive 205, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1460 Ocean Drive 205, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1460 Ocean Drive 205, Miami Beach, FL 33139 still available?
- 1460 Ocean Drive 205, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 152 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1460 Ocean Drive 205, Miami Beach, FL 33139?
- With 20% down ($85,000) on the $425,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1460 Ocean Drive 205, Miami Beach, FL 33139 is about $2,234/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1460 Ocean Drive 205, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1460 Ocean Drive 205, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1460 Ocean Drive 205, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1460 Ocean Drive 205, Miami Beach, FL 33139 carries an HOA fee of about $1,200 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1460 Ocean Drive 205, Miami Beach, FL 33139?
- 1460 Ocean Drive 205, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1460 Ocean Drive 205, Miami Beach, FL 33139?
- Often, yes. The right offer on 1460 Ocean Drive 205, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$425,000
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Listed by David T Seif, The Keyes Company
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $528 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$457,000
Sold · October 5, 2026
1600 Michigan Avenue 2
2 bed · 2 bath · 990 sqft · $462/sqft
$23,000 under the asking price
Sold$329,000
Sold · October 4, 2026
1100 West Avenue 1606
0 bed · 1 bath · 477 sqft · $690/sqft
$56,000 under the asking price
Sold$215,000
Sold · October 2, 2026
740 Meridian Avenue 17
1 bed · 1 bath · 426 sqft · $505/sqft
Sold$230,000
Sold · October 2, 2026
1550 Pennsylvania Avenue 126
1 bed · 1 bath · 436 sqft · $528/sqft
$9,000 under the asking price
Sold$360,000
Sold · October 1, 2026
100 Lincoln Road 537
1 bed · 1 bath · 530 sqft · $679/sqft
$30,000 under the asking price
Sold$199,000
Sold · October 1, 2026
717 Espanola Way 205
0 bed · 1 bath · 414 sqft · $481/sqft
$18,700 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
