The Drake Unit 307 For Sale
Property Details
| Asking Price | $425,000 |
|---|---|
| Price per SqFt | $590 |
| Maintenance Fee | $978 Monthly |
| Property Taxes | $3,833 2025 |
| Interior Space | 720 SqFt |
| Beds/Baths | 2/2 |
| Furnished | Yes |
| Year Built | 1937 |
| MLS # | A12111419 |
Location
From the listing
Nestled at the serene end of famous Ocean Drive, this beautifully remodeled Art Deco gem is your perfect Miami Beach retreat. Completely renovated with no detail spared, it offers impact windows, recessed lighting, and brand-new porcelain floors. The unit features a washer/dryer, automatic blinds, a dishwasher, and even a Roomba. Open Kitchen concept with Breakfast bar, spacious walk-in closet, and a second bedroom that can be closed off. Enjoy residential street parking and step right across the street for morning ocean dips. This is turnkey coastal living at its finest. Unit can be rented 4 times a year for a 90 day minimum. 40 year certification completed. All assessments paid. Tenant occupied until July 2027
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $978 a month; taxes $3,833 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Drake Unit 307
Sales history is unavailable for this property
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 (307) is asking $590/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| 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 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 307, 1460 Ocean Dr · MLS A12111419 · $425,000
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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, 5 units are for sale and 3 sold in the last 12 months at an average of $452 per SqFt. Unit 307 asks $590 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.