For sale Condo

Listed Oct 16, 2026

$395,000 Est. $2,613/mo

1460 Ocean Drive Unit 308

  • 1

    Beds

  • 1

    Baths

  • 550

    Sq ft

The story

  • Waterfront

Unit UNIT 308 at 1460 Ocean Drive is a 1-bedroom, 1-bathroom condo in Miami Beach, FL with 550 sq ft of living space, built in 1937. It is currently listed at $395,000, with a monthly HOA fee of $831. Highlights include a waterfront setting.

Welcome to The Drake Condo, an iconic Art Deco building in the heart of South Beach! This beautifully renovated and fully furnished 1-bedroom, 1-bathroom residence features premium finishes, brand-new appliances, new flooring, and modern upgrades throughout. Bright and inviting, the unit is move-in ready and perfectly situated on the famous Ocean Drive, directly across from the beach and steps from some of Miami Beach’s best restaurants, boutiques, shopping, and entertainment. The building has also been tastefully renovated, adding to its charm and appeal. The unit can be rented immediately, with 90-day rentals allowed up to 4 times per year. Whatever you’re looking for a primary residence, vacation retreat, or investment opportunity, this property offers the perfect combination of style, comfort, and location. Experience the best of the South Beach lifestyle at The Drake Condo!

Facts & features

Home type

Condo

Year built

1937

Floors

4

Price per sq ft

$718

HOA

$831 / monthly

Included features

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer

  • Flooring

    Laminate

  • Lot Information

    Flood Zone

  • Exterior

    Courtyard

Mortgage calculator

Estimated monthly payment

$2,613 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,102
  • Property tax $395
  • Insurance $115

Includes principal, interest, taxes & insurance.

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Listing Broker

Luxe Properties

Broker Name

Luxe Properties

Agent

Maria Gessica Sforza

Location

Coral Gables FL 33134