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1460 Ocean Drive 208, Miami Beach, FL 33139
Active
42 Days on Market
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How this price compares

List price
$390,000
Price per sq ft
$438
Original price
Unchanged
Days on market
42

This 2-bedroom condo in ZIP 33139 is listed at $390,000, or $438 per square foot. It has been on the market for 42 days.

2
Bedrooms
2
Bathrooms
890
Living Sq Ft
1937
Year Built

Estimated monthly payment

$2,050 /mo

Principal and interest only, based on $78,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,410/mo HOA are not included.

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Listing Snapshot

Price
$390,000
Days on Site
42 Days
Bedrooms
2
Total Baths
2
Full Baths
1
Partial Baths
1
Living Area
890 sqft
Total Sq Ft
890 sqft
Year Built
1937
Property Type
Condo
MLS #
A12070366
Property Tax
$6,662 (2025)
HOA Fees
$1,410 / Monthly
Subdivision
THE DRAKE CONDO
County
Miami Dade
Status
Active

About This Property

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.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1937
Number of Stories
5
Garage Spaces
0
Parking
On Street
Living Sq Ft
890
Total Sq Ft
890

Interior Features

Appliances
Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Oven / Refrigerator
Cooling
Central Air / Ceiling Fans
Heating
Central
Flooring
Tile
Interior Features
Bathtub / Entrance Foyer / Elevator / Main Level Primary / Pantry / Soaking Tub / Separate Shower

Exterior Features

Construction
Block
Exterior Features
Awnings / Lighting / Other
View
Garden / Other

Community & HOA

HOA Fee
$1,410 / Monthly
Association Amenities
Bike Storage / Maintenance Grounds / Laundry / Trails / Elevators
Security
Fire Alarm / Key Card Entry / Other / Phone Entry / Smoke Detectors / Security Fence
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Okay To Lease1st Year / Ok To Lease
MLS Area
2320

This home's HOA fee works out to $1,410 a month, 23% above 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
Homes for Sale
4
Under Contract
0
Median List Price
$404,500
Median $/Sq Ft
$524
Avg Days on Market
49
View all 4 homes for sale in The Drake Condo →
How do I schedule a tour of 1460 Ocean Drive 208, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1460 Ocean Drive 208, 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 208, Miami Beach, FL 33139 still available?
1460 Ocean Drive 208, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 42 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 208, Miami Beach, FL 33139?
With 20% down ($78,000) on the $390,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1460 Ocean Drive 208, Miami Beach, FL 33139 is about $2,050/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 208, 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 208, 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 208, Miami Beach, FL 33139 have an HOA fee?
Yes: 1460 Ocean Drive 208, Miami Beach, FL 33139 carries an HOA fee of about $1,410 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 208, Miami Beach, FL 33139?
1460 Ocean Drive 208, 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 208, Miami Beach, FL 33139?
Often, yes. The right offer on 1460 Ocean Drive 208, 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 Corte Real Estate Group LLC

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 August 30, 2026.

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Listed by Ugo Cortesano, Corte Real Estate Group LLC

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