Skip main navigation
For sale
  • $425,000

    1460 Ocean Drive #205, Miami Beach, FL 33139

    2beds
    910sqft
    : 
    $4,104/mo
    Get pre-qualified
    Condominium
    Built in 1937
    -- sqft lot
    $409,800 Zestimate®
    $467/sqft
    $1,200/mo HOA

    What's special

    Renovated bathsModern coastal feelUnique two-story residenceTimeless art deco charmRare two-level layoutUpdated kitchen
    Beautifully updated Drake residence blending timeless Art Deco charm with a modern coastal feel. Enjoy an updated kitchen, renovated baths, and grey wood-look luxury vinyl flooring. Ideally located within walking distance to the beach, restaurants, shopping, and nightlife. This unique two-story residence features a rare two-level layout that provides the privacy and flow of a townhouse space within a classic Art Deco setting. Best access to The Drake Hotel Miami Beach is via Collins Avenue. From I-95, take I-195 East (Julia Tuttle Causeway), continue onto Arthur Godfrey Rd, then head south on Collins Avenue to the property. Alternatively, from MacArthur Causeway, head north on Collins Avenue. Parking options include metered street parking along Collins Avenue and nearby side streets, as well as several public parking garages within walking distance. Nearby garages typically include options on 7th Street and 12th Street, providing convenient short- and long-term parking for residents and guests.
    114 days
    |
    834
    |
    42
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David T Seif 954-849-3600,

    The Keyes Company

    Source: BeachesMLS,MLS#: B26020064MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Vented Exhaust Fan, Water Heater
      • Laundry: Common Area
      Features
      • Dual Sinks, Storage
      • Flooring: Laminate
      • Has fireplace: No
      Interior area
      • Total structure area: 910
      • Total interior livable area: 910 sqft
      Video & virtual tour

      Property

      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Awning(s)
      Details
      • Parcel number: 0232340820050
      • Zoning: 6501
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Other
      • Roof: Concrete
      Condition
      • Resale
      • New construction: No
      • Year built: 1937

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Water Connected

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: THE DRAKE CONDO
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Sidewalks, Elevator(s)
      • HOA fee: $1,200 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $467/sqft
      • Tax assessed value: $399,784
      • Annual tax amount: $7,284
      • Date on market: 4/24/2026
      • Cumulative days on market: 114 days
      • Listing terms: Contract

        Estimated market value

        $409,800

        $389,000 - $430,000

        $4,278/mo

        Price history

        DateEventPrice
        4/24/2026Listed for sale$425,000-11.3%$467/sqft
        Source: BeachesMLS #B26020064 Report a problem
        8/6/2025Listing removed$479,000$526/sqft
        Source: MIAMI #A11648762 Report a problem
        6/5/2025Price change$479,000-2%$526/sqft
        Source: MIAMI #A11648762 Report a problem
        12/12/2024Listing removed$3,500$4/sqft
        Source: MIAMI #A11680852 Report a problem
        10/22/2024Listed for rent$3,500+16.7%$4/sqft
        Source: MIAMI #A11680852 Report a problem
        10/22/2024Price change$489,000-5.1%$537/sqft
        Source: MIAMI #A11648762 Report a problem
        9/4/2024Listed for sale$515,050-9.5%$566/sqft
        Source: MIAMI #A11648762 Report a problem
        8/5/2024Listing removed--
        Source: BeachesMLS #F10418125 Report a problem
        7/3/2024Price change$569,000-5%$625/sqft
        Source: BeachesMLS #F10418125 Report a problem
        5/29/2024Price change$599,000-3.2%$658/sqft
        Source: BeachesMLS #F10418125 Report a problem
        4/17/2024Price change$619,000-4.6%$680/sqft
        Source: BeachesMLS #F10418125 Report a problem
        4/5/2024Price change$649,000-12.2%$713/sqft
        Source: BeachesMLS #F10418125 Report a problem
        2/23/2024Price change$739,000-1.3%$812/sqft
        Source: BeachesMLS #F10418125 Report a problem
        2/9/2024Price change$749,000-5.8%$823/sqft
        Source: BeachesMLS #F10418125 Report a problem
        1/17/2024Listed for sale$795,000+98.8%$874/sqft
        Source: BeachesMLS #F10418125 Report a problem
        4/13/2023Listing removed--
        Source: BeachesMLS #F10333787 Report a problem
        3/13/2023Listed for rent$3,000+3.4%$3/sqft
        Source: BeachesMLS #F10333787 Report a problem
        7/29/2022Listing removed--
        Source: RE/MAX International Report a problem
        6/23/2022Price change$2,900-17.1%$3/sqft
        Source: RE/MAX International #F10333787 Report a problem
        6/7/2022Price change$3,500-10.3%$4/sqft
        Source: RE/MAX International #F10333787 Report a problem
        6/3/2022Listed for rent$3,900$4/sqft
        Source: RE/MAX International #F10333787 Report a problem
        4/25/2022Sold$400,000-20%$440/sqft
        Source: MIAMI #A11072731 Report a problem
        4/26/2019Listing removed$500,000$549/sqft
        Source: Keller Williams Realty Miami Beach #A10643781 Report a problem
        4/8/2019Listed for sale$500,000+239%$549/sqft
        Source: Keller Williams Miami Beach Realty #A10643781 Report a problem
        9/13/1993Sold$147,500$162/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,588 +6%$399,784 +10%
        2024$7,157 +14.6%$363,440 +10%
        2023$6,243 +18.7%$330,400 +18%
        2022$5,261 -4.6%$280,000 -1.9%
        2021$5,512 +4.7%$285,500 +5%
        2020$5,264 -12.1%$271,900 -12%
        2019$5,988 -11.4%$309,000 -14%
        2018$6,755 $359,252 +4.9%
        2017$6,755 -0.2%$342,393 +10%
        2016$6,770 +6.9%$311,267 +10%
        2015$6,331 +17%$282,970 +10%
        2014$5,409 +24.3%$257,246 +10%
        2013$4,352 $233,860 +10%
        2012$4,352 -4.1%$212,600 -3%
        2011$4,537 -6.2%$219,180
        2010$4,837 -14.2%$219,180 -20%
        2009$5,636 -17.4%$273,980 -19%
        2007$6,824 +24.5%$338,240
        2006$5,482 --
        2005$5,482 +12.8%--
        2004$4,859 +30.5%--
        2003$3,723 +20.4%--
        2002$3,093 --
        2001$3,093 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        95 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        78 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Miami Beach Fienberg / Fisher K-8
        • High: Miami Beach

        Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes