The Drake Unit 309 For Sale
Property Details
| Asking Price | $295,000 |
|---|---|
| Price per SqFt | $656 |
| Maintenance Fee | $705 Monthly |
| Property Taxes | $4,016 2025 |
| Interior Space | 450 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1937 |
| MLS # | A12087044 |
Location
From the listing
Beautifully remodeled and fully furnished 1-bedroom, 1-bath residence at 1460 Ocean Drive in the heart of Miami Beach. This stylish apartment features a modern kitchen and bath, updated finishes, and a bright, comfortable living space ready for immediate move-in. Ideally located just steps from the beach and surrounded by top restaurants, boutique hotels, shopping, and all the excitement of Lincoln Road. Enjoy the ultimate South Beach lifestyle with everything at your doorstep. Easy to show!
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $705 a month; taxes $4,016 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Drake Unit 309
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10635030 | $225,000 | 10/21/20 |
What Other Units Have Been Selling For at The Drake
3 units sold at The Drake in the last 12 months at an average of $452/SqFt · This unit (309) is asking $656/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 308 | $272,000$495/SqFt | 89% | 4/19/23 |
| 309 | $225,000$500/SqFt | 89% | 10/21/20 |
| 409 | $212,000$471/SqFt | 82% | 8/13/19 |
| 409 | $245,000$480/SqFt | 88% | 1/27/17 |
| 409 | $230,000$434/SqFt | 92% | 8/27/13 |
| 401 | $350,000$461/SqFt | 84% | 1/7/13 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Compass Florida, LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
The Drake Unit 309, 1460 Ocean Dr · MLS A12087044 · $295,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at The Drake
At The Drake, 4 units are for sale and 3 sold in the last 12 months at an average of $452 per SqFt. Unit 309 asks $656 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.