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$799,000
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Property Description
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!
Full Property Details
Full Property Details for 1460 Ocean Dr #506 (406)
General
- Sold For: $799,000
- HOA FEE: $1,579/month
- Taxes: $11,338 (2023)
- Status: Closed
- Type: Condo
- Source: Regional
- MLS ID: F10521198
- Added to Site: 198 day(s) ago
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Elevator, Upper Level Primary
- Fireplace: Yes
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Bike Storage, Maintenance Grounds, Library, Elevator(s)
- Security/Safety: Phone Entry, Smoke Detector(s), Security Fence
Exterior
- Exterior Features: Balcony, Outdoor Living Area
- Porch/Patio/Deck: Deck, Porch, Balcony
Parking
- Parking Features: On Street
Location
- County: Miami-Dade
- Subdivision: THE DRAKE CONDOMINIUM
- Driving Directions: GPS - Corner of Ocean Dr and 15th ST
Community
- Community Name: 2320
- Association: Yes
- Assoc. Fees Include: Insurance, Maintenance Structure, Roof, Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Construction: Block
- Entry Floor Number: 1
- Entry Location: First Floor Entry, Built-Ins, Closet Cabinetry, Kitch
- Stories/Levels: 4
- Square Feet: 1,220
- Living Area: 1,220 Sq. Ft.
- Year Built: 1937
- Property Condition: Resale, Updated/Remodeled
Lot Features
- Property View: Garden, Ocean
- Fencing (Description): Fenced
Financial Considerations
- Association Fee: $1,579
- Assoc Fee Freq.: Monthly
- Other Assoc Fees: $1,579
- Assessment Amount: $600,000
- Tax Amount: $11,338
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: THE DRAKE CONDO UNIT 506 UNDIV 4.813 % INT IN COMMON ELEMENTS OFF REC 15838-2934 OR 17503-1370 17529-4427 0197 1
- Property ID: 02-32-34-082-0290
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Schools
Schools serving 1460 Ocean Dr #506 (406)
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.9 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1460 Ocean Dr #506 (406)
Date
Details
Price
Change
Source
11/17/2025
Sold
$799,000
-18.3%
MLS
8/19/2025
Listed
$978,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1460 Ocean Drive #506 (406), Miami Beach, FL 33139 (MLS# F10521198) is a Condo property that was sold at $799,000 on November 17, 2025. This property was sold by Mariana Garber from our Coldwell Banker Global Luxury Bayfront Office.Want to learn more about 1460 Ocean Drive #506 (406)? Do you have questions about finding other Condo real estate for sale in City Center? You can browse all City Center real estate or contact a Coldwell Banker agent to request more information.


