The Drake, 1460 Ocean Dr #506

$978K18.3%
$799,000
3
Beds
21/2
Baths
1,220
SqFt
Status
Sold - Nov 17, 2025
Parking
No info
Size
1,220 SqFt (113 m2)
Price
$655/SqFt ($7,050/m2)
Type
Condo
Built
1937
HOA
$1,579/MO
MLS Number
F10521198
View
Garden,Ocean
On Site
392 Days
Updated
7 Days ago
Page Views
0
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!

Features

Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: OutdoorLivingArea
  • View: Garden,Ocean
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, ClosetCabinetry, Elevator, KitchenIsland, UpperLevelPrimary
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator, WaterHeater, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 1937
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-08-19T09:44:44.000-00:00
    • Pets Allowed: BreedRestrictions, NumberLimit, SizeLimit, Yes
    Taxes, Fees & More
    • Maintenance Includes: Insurance, MaintenanceStructure, Roof, Sewer, Trash, Water
    • Taxes: 11338
    • Real Estate Taxes: 600000
    • Security Information: PhoneEntry, SmokeDetectors, SecurityFence
    • Parking Description: OnStreet
    • Total Floors in Building: 4

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    Price History

    Current
    $799K
    High
    $978K
    Low
    $799K
    Total Change
    -18.3%
    $999K$889K$778KAug 25Aug 25Nov 25Jun 26Nov 25
    Date
    Event
    Price
    Change
    Price Per
    11/17/2025
    Sold
    $799K
    0%
    $655 ft2
    $7,050 m2
    06/10/2026
    Price Reduced
    $799K
    0%
    $655 ft2
    $7,050 m2
    11/17/2025
    Price Reduced
    $799K
    0%
    $655 ft2
    $7,050 m2
    08/19/2025
    Price Reduced
    $799K
    -18.3%
    $655 ft2
    $7,050 m2
    08/19/2025
    Listed
    $978K
     
    $802 ft2
    $8,629 m2
    11/17/2025
    $799K
    Event
    Sold
    Change
    0%
    Price Per
    $655 ft2
    $7,050 m2
    06/10/2026
    $799K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $655 ft2
    $7,050 m2
    11/17/2025
    $799K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $655 ft2
    $7,050 m2
    08/19/2025
    $799K
    Event
    Price Reduced
    Change
    -18.3%
    Price Per
    $655 ft2
    $7,050 m2
    08/19/2025
    $978K
    Event
    Listed
    Price Per
    $802 ft2
    $8,629 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Agustin TomeCharles Rutenberg Realty FTL • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    95

    100
    Transit Score®
    Good Transit. Many nearby public transportation options
    59

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    78

    100
    Sound Score®
    Bearable noise
    75

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    35

    100
    Local Score
    Limited local amenities nearby
    2

    100
    Community Snapshot
    2 – 2 BR
    Bedrooms
    $390K – $425K
    Price Tier
    450 - 1,220
    SqFt Range
    1937
    Year Build
    4
    Total Floors

    Subdivision Amenities

    Bike Storage
    Elevators
    Laundry
    Library
    Maintenance
    None

    Miami Beach
    Mid-Tier
    Mid-Tier Homes & Condos