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1460 Ocean Drive 407, Miami Beach, FL 33139
Active
2 Days on Market
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How this price compares

List price
$419,000
Price per sq ft
$582
Original price
Unchanged
Days on market
2

This 2-bedroom condo in ZIP 33139 is listed at $419,000, or $582 per square foot. It has been on the market for 2 days.

2
Bedrooms
2
Bathrooms
720
Living Sq Ft
1937
Year Built

Estimated monthly payment

$2,202 /mo

Principal and interest only, based on $83,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,100/mo HOA are not included.

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Listing Snapshot

Price
$419,000
Days on Site
2 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
720 sqft
Total Sq Ft
720 sqft
Year Built
1937
Property Type
Condo
MLS #
A12091769
Property Tax
$5,725 (2025)
HOA Fees
$1,100 / Monthly
Subdivision
THE DRAKE CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

FIRST TIME EVER ON THE MARKET! Fully renovated unit at 1460 Ocean Drive with high ceilings, impact windows and doors, brand-new appliances, new flooring throughout, renovated kitchen, beautifully updated bathrooms, and a washer and dryer inside the unit — the only unit in the building with one. The ceilings were also raised specifically for this unit during the renovation, creating a more open feel while keeping the new finishes clean and seamless.The building has recently passed its 40-year recertification and has a NEW A/C system on the roof.LOCATION, LOCATION, LOCATION! Just steps from the beach and a short walk across from Española Way, with restaurants, bars, shopping, and everything South Beach has to offer right outside your door. The unit can be rented immediately, with 90-day rentals allowed up to 4 times per year. A great opportunity for an end user or investor looking for a fully renovated unit with features you won't find in the other units in the building.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
1937
Property Condition
Updated Remodeled
Number of Stories
4
Garage Spaces
0
Parking
On Street
Living Sq Ft
720
Total Sq Ft
720

Interior Features

Appliances
Dryer / Dishwasher / Ice Maker / Microwave / Water Purifier
Cooling
Central Air / Ceiling Fans / Electric
Heating
Central / Electric
Flooring
Vinyl / Wood
Interior Features
Built In Features / Elevator / Kitchen Island / Storage / Separate Shower

Exterior Features

Construction
Block
Exterior Features
Lighting
View
Garden / Other / Skyline

Community & HOA

HOA Fee
$1,100 / Monthly
HOA Includes
Insurance / Roof / Sewer / Trash / Water
Association Amenities
Bike Storage / Maintenance Grounds / Laundry / Trails / Elevators
Security
Fire Alarm / Key Card Entry / Other / Phone Entry / Security Fence
Pets Allowed
Yes
Financing Terms
Cash / Conventional / Other
Restrictions
Okay To Lease1st Year / Ok To Lease
MLS Area
2320

This home's HOA fee works out to $1,100 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
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 407, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1460 Ocean Drive 407, 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 407, Miami Beach, FL 33139 still available?
1460 Ocean Drive 407, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 2 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 407, Miami Beach, FL 33139?
With 20% down ($83,800) on the $419,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1460 Ocean Drive 407, Miami Beach, FL 33139 is about $2,202/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 407, 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 407, 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 407, Miami Beach, FL 33139 have an HOA fee?
Yes: 1460 Ocean Drive 407, Miami Beach, FL 33139 carries an HOA fee of about $1,100 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 407, Miami Beach, FL 33139?
1460 Ocean Drive 407, 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 407, Miami Beach, FL 33139?
Often, yes. The right offer on 1460 Ocean Drive 407, 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 Coldwell Banker Realty

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 September 27, 2026.

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Listed by Chase Michael Curson, Coldwell Banker Realty

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