Property Details
| Asking Price | $419,000 |
|---|---|
| Price per SqFt | $582 |
| Maintenance Fee | $1,100 Monthly |
| Property Taxes | $5,725 2025 |
| Interior Space | 720 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1937 |
| MLS # | A12091769 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
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.
Listed by Coldwell Banker Realty
Sales History for This Unit · The Drake Unit 407
Sales history is unavailable for this property
What Other Units Have Been Selling For at The Drake
2 other units sold in the last 12 months at an average of $298/SqFt · This unit (407) is asking $582/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 305 | $360,000$500/SqFt | 99% | 5/6/26 |
| 208 | $120,000$135/SqFt | 31% | 2/27/26 |
| 204 | $370,000$374/SqFt | 95% | 7/3/25 |
| 302 | $315,000$470/SqFt | 98% | 6/16/25 |
| 305 | $435,000$604/SqFt | 97% | 1/30/23 |
| 202 | $455,000$417/SqFt | 91% | 4/29/22 |
| 205 | $400,000$440/SqFt | 80% | 4/25/22 |
| 203 | $400,000$440/SqFt | 80% | 4/25/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Coldwell Banker Realty. 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.
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Location
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
3 for sale · 3 sold in the last 12 months · building avg $452/SqFt sold, against this unit's $582 ask