The Drake 506
Unit 506
1 / 15
The Drake Unit 506 Sold
$799,000
1460 Ocean Dr · Ocean Drive · Miami Beach
The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 1 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 2 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 3 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 4 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 5 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 6 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 7 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 8 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 9 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 10 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 11 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 12 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 13 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 14 of 15The Drake Unit 506, 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139, photo 15 of 15
$799,000Sold Price
$655Per SqFt
3/2½Beds/BathsBd/Ba
1,220SqFt · 113.3 m²
The Drake · MLS F10521198 · 404 days on Zilbert · Listed Aug 11, 2025 · 1460 Ocean Dr, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Sold Price$799,000
Last Asking Price$978,000
Price per SqFt$655
Maintenance fee$1,579 Monthly
Property Taxes$11,338 2023
Interior Space1,220 SqFt
Beds/Baths3/2½
Year Built1937
Closed Date11/17/2025
MLS #F10521198

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$1,579maintenance · $1,579 per month
$945taxes · $11,338/yr ÷ 12
$2,524 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

Welcome to The Drake Condo, your ultimate art-deco iconic retreat in the vibrant heart of South Beach! This exquisite 3-bedroom, 2.5-bath pent-house features a sophisticated two-story layout, offering a seamless blend of style and comfort. The master suite is a serene haven, designed for relaxation and tranquility, while the additional bedrooms offer flexibility for your lifestyle needs. The rooftop terrace is perfect for unwinding or entertaining, complete with stunning views that capture the essence of South Beach living. Located just moments from premier dining, shopping, and beautiful beaches, The Drake Condo presents an unparalleled opportunity to immerse yourself in the dynamic South Beach lifestyle. Don't miss your chance to make this coveted residence your new home!

Listed by Charles Rutenberg Realty FTL

Sales History for This Unit · The Drake Unit 506

Sales history is unavailable for this property

What Other Units Have Been Selling For at The Drake

0 other units sold in the last 12 months

Unit Sold Price % of Ask Beds/Baths SqFt $/SqFt Closed Date

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · ONE Sotheby's International Realty · I track every sale at The Drake. Ask me about this residence, the line, or the building.
+1 (786) 280-0201

Listed by Charles Rutenberg Realty FTL. 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.

Location

Directions

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

2 for sale · 3 sold in the last 12 months · building avg $452/SqFt sold