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!
Sold for $799,000
$799,000
1460 Ocean Drive #506 (406), Miami Beach, FL 33139
3beds
1,220sqft
Condominium
Built in 1937
-- sqft lot
$785,200 Zestimate®
$655/sqft
$7,660 Estimated rent
Home value
$785,200
$683,000 - $895,000
$7,660/mo
Zestimate® history
Owner options
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$7,660/mo
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$7,660/mo
Rent Zestimate®
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$7,137/mo
Est. payment
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$7,137/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Agustin Tome 954-279-3731,
Charles Rutenberg Realty FTL
Bought with:
Mariana Garber PA, 3254959
Coldwell Banker Realty
Source: BeachesMLS,MLS#: F10521198
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
Features
- Built-in Features, Closet Cabinetry, Elevator, Kitchen Island, Upper Level Primary
- Flooring: Ceramic Tile
Interior area
- Total interior livable area: 1,220 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
- Details: CarportSpaces:0.00
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Entry location: First Floor Entry,Built-Ins,Closet Cabinetry,Kitch
- Patio & porch: Deck
- Exterior features: Outdoor Living Area
- Fencing: Fenced
- Has view: Yes
- View description: Garden, Ocean
- Has water view: Yes
- Water view: Ocean
Details
- Parcel number: 0232340820290
- Lease amount: $0
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
Condition
- Resale,Updated/Remodeled
- New construction: No
- Year built: 1937
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Phone Entry, Smoke Detector(s), Security Fence
- Pet deposit fee: $0
- Subdivision: THE DRAKE CONDOMINIUM
HOA
- Has HOA: Yes
- Amenities included: Bike Storage, Maintenance Grounds, Library, Elevator(s)
- Services included: Insurance, Maintenance Structure, Roof, Sewer, Trash, Water
- HOA fee: $1,579 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $655/sqft
- Tax assessed value: $600,000
- Annual tax amount: $11,338
- Date on market: 8/11/2025
- Cumulative days on market: 67 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/20/2026 | Listing removed | $5,000$4/sqft |
Source: BeachesMLS #F10537774 Report a problem | ||
| 1/14/2026 | Listed for rent | $5,000+8.7%$4/sqft |
Source: BeachesMLS #F10537774 Report a problem | ||
| 12/2/2025 | Listing removed | $4,600$4/sqft |
Source: BeachesMLS #F10537774 Report a problem | ||
| 11/24/2025 | Price change | $4,600+4.5%$4/sqft |
Source: BeachesMLS #F10537774 Report a problem | ||
| 11/20/2025 | Listed for rent | $4,400-2.2%$4/sqft |
Source: BeachesMLS #F10537774 Report a problem | ||
| 11/17/2025 | Sold | $799,000-18.3%$655/sqft |
Source:  BeachesMLS #F10521198 Report a problem | ||
| 10/28/2025 | Listing removed | $4,500$4/sqft |
Source: BeachesMLS #F10519848 Report a problem | ||
| 10/7/2025 | Price change | $4,500-10%$4/sqft |
Source: BeachesMLS #F10519848 Report a problem | ||
| 8/19/2025 | Listed for sale | $978,000$802/sqft |
Source: BeachesMLS #F10521198 Report a problem | ||
| 8/11/2025 | Listed for rent | $5,000-9.1%$4/sqft |
Source: BeachesMLS #F10519848 Report a problem | ||
| 11/25/2024 | Listing removed | $5,500$5/sqft |
Source: BeachesMLS #F10457379 Report a problem | ||
| 10/20/2024 | Listing removed | $978,000$802/sqft |
Source: BeachesMLS #F10457053 Report a problem | ||
| 10/20/2024 | Listed for rent | $5,500$5/sqft |
Source: BeachesMLS #F10457379 Report a problem | ||
| 10/20/2024 | Price change | $978,000-1%$802/sqft |
Source: BeachesMLS #F10457053 Report a problem | ||
| 10/1/2024 | Listing removed | $5,500$5/sqft |
Source: BeachesMLS #F10457379 Report a problem | ||
| 8/21/2024 | Listed for rent | $5,500$5/sqft |
Source: BeachesMLS #F10457379 Report a problem | ||
| 8/20/2024 | Listed for sale | $988,000$810/sqft |
Source: BeachesMLS #F10457053 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Flamingo Lummus
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Nearby schools
GreatSchools rating
- 5/10Fienberg/Fisher K-8 CenterGrades: PK-8Distance: 0.2 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 0.8 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.9 mi
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Estimated market value
$785,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$785,200
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Flamingo Lummus
- 1460 Ocean Drive Unit 506 (406)
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