$395,000
1460 Ocean Drive 308
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
- $395,000
- Price per sq ft
- $718
- Vs. nearby sales
- 59.6% above
- Days on market
- 18
This 1-bedroom condo in ZIP 33139 is listed at $395,000, or $718 per square foot. It has been on the market for 18 days. The 6 most recent condo sales in the closings shown below sold at a median of $450 per square foot, so the asking price is 59.6% above what comparable homes here actually sold for.
Estimated monthly payment
$2,076 /mo
Principal and interest only, based on $79,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $831/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $395,000
- Days on Site
- 18 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 550 sqft
- Total Sq Ft
- 550 sqft
- Year Built
- 1937
- Property Type
- Condo
- MLS #
- A12105907
- Property Tax
- $4,300 (2025)
- HOA Fees
- $831 / Monthly
- Subdivision
- THE DRAKE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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. The unit can be rented immediately, with 90-day rentals allowed up to 4 times per year. Whatever 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!
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1937
- Property Condition
- Resale
- Number of Stories
- 4
- Garage Spaces
- 0
- Parking
- On Street
- Living Sq Ft
- 550
- Total Sq Ft
- 550
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Laminate
- Interior Features
- Bedroom On Main Level / Kitchen Island
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Courtyard / Outdoor Living Area
- Waterfront Features
- None / Ocean Front
- View
- Garden
Community & HOA
- HOA Fee
- $831 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Insurance / Maintenance Structure / Sewer / Trash / Water
- Association Amenities
- Laundry / Elevators
- Security
- Key Card Entry / Phone Entry
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease
- MLS Area
- 2320
This home's HOA fee works out to $831 a month, 20% below the $1,039 median across 6 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
- 6
- Under Contract
- 0
- Median List Price
- $407,000
- Median $/Sq Ft
- $586
- Avg Days on Market
- 50
Frequently Asked Questions
- How do I schedule a tour of 1460 Ocean Drive 308, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1460 Ocean Drive 308, 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 308, Miami Beach, FL 33139 still available?
- 1460 Ocean Drive 308, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 18 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 308, Miami Beach, FL 33139?
- With 20% down ($79,000) on the $395,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1460 Ocean Drive 308, Miami Beach, FL 33139 is about $2,076/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 308, 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 308, 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 308, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1460 Ocean Drive 308, Miami Beach, FL 33139 carries an HOA fee of about $831 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 308, Miami Beach, FL 33139?
- 1460 Ocean Drive 308, 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 308, Miami Beach, FL 33139?
- Often, yes. The right offer on 1460 Ocean Drive 308, 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 Luxe Properties
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 November 14, 2026.
$395,000
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Listed by Maria Gessica Sforza, Luxe Properties
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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 $462 per square foot. The most recent closed on November 13, 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.
- Photo Coming SoonSold
$268,000
Sold · November 13, 2026
1309 Euclid Avenue 6
1 bed · 1 bath · 700 sqft · $383/sqft
$7,000 under the asking price
Sold$1,500,000
Sold · November 12, 2026
1330 West Avenue PH05
2 bed · 2 bath · 1,581 sqft · $949/sqft
$50,000 under the asking price
Sold$195,000
Sold · November 10, 2026
741 15th Street 12
0 bed · 1 bath · 446 sqft · $437/sqft
$4,000 under the asking price
Sold$217,000
Sold · November 10, 2026
1521 Lenox Avenue 209
0 bed · 1 bath · 470 sqft · $462/sqft
$12,000 under the asking price
- Photo Coming SoonSold
$310,000
Sold · November 10, 2026
1610 Lenox Avenue 516
1 bed · 1 bath · 715 sqft · $434/sqft
$10,000 under the asking price
Sold$370,000
Sold · November 9, 2026
335 Ocean Drive 106
1 bed · 1 bath · 410 sqft · $902/sqft
$9,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
