$506,000 - $643,737
RENTED SEP 18, 2024

1460 Ocean Dr Unit 206 Miami Beach, FL 33139

Lummus Park Neighborhood
2 Beds
2 Baths
1,070 Sq Ft
1937 Built

Last Sold December 30, 2019

Last sale price $430,000 $402 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,721/month

Highlights

  • Intercom to Front Desk
  • No HOA
  • Closet Cabinetry
  • Furnished
  • Complete Impact Glass
  • 2-minute walk to Miami Beach Ocean Walk

About This Home

As of September 2024

Welcome to the Beachside Retreat at The Drake! Located in an iconic Art Deco building on the quiet side of Ocean Drive, this unique and fully-furnished, two-story unit has been completely updated and offers great space and functionality. Enter into bright, open living-dining-kitchen area with tons of natural light beaming through all-impact windows. Head downstairs to your private sanctuary with 2 bedrooms and 2 full baths, plus tons of storage! Main suite retreat boasts a charming window seat and a modern en-suite with walk-in shower. Concerned about the noise of the energetic Deco District? Don’t be! This unit is interior courtyard-facing- complete serenity 24/7. Just steps to the sand, this location offers true SoBe living with so many restaurants and shops right at your fingertips!

Last Agent to Rent the Property

Wes Pearce

Graber Realty Group LLC License #3375906 Listed on: 09/05/2024

Last Renter's Agent

Denise Dupesso

Coldwell Banker Realty License #3584826

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,005

Year Built

  • Built in 1937

Home Design

  • Substantially Remodeled
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,070 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Blinds
  • Family or Dining Combination
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/5/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-082-0060

Community Details

Overview

  • No Home Owners Association
  • The Drake Condo
  • The Drake Condo Subdivision

Amenities

  • Laundry Facilities
  • Intercom to Front Desk

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Complete Impact Glass

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,005

Year Built

Built in 1937

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-09-05
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Architectural Style: Second Floor Entry
  • Directions: Please use Maps app.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE DRAKE CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Second Floor Entry, Closet Cabinetry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1070
  • Stories: 4
  • Window Features: Complete Impact Glass, Blinds
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Family/Dining Combination

Exterior Features

  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE DRAKE CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Intercom In Lobby

Condo/Co-op/Association

  • Amenities: Laundry Facility
  • Association: No
  • Community Features: Laundry Facilities

Lot Info

  • Parcel Number: 02-32-34-082-0060
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6501
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 20, 2019
Sold by
Rossner Keri and Rossner Steven
Bought by
Chawla Neeraj
Seller's Agent
Richard Corrales
Silverleaf Realty Group
Buyer's Agent
Wes Pearce
Graber Realty Group LLC
List Price
$459,000
Sold Price
$430,000
Premium/Discount to List
-$29,000
-6.32%
Current Estimated Value
$583,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,332
Avg. Annual Appreciation
5.50%
Original Mortgage
$301,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2018
Closed on
Jan 31, 2019
Sold by
Bellaiche Jean Marc
Bought by
Rossner Keri and Rossner Steven
Seller's Agent
Stephanie Cariglio
Beachfront Realty Inc
Buyer's Agent
Richard Corrales
Silverleaf Realty Group
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.77%
Original Mortgage
$220,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2010
Sold by
Swaney Daniel and Swaney Laura
Bought by
Bellaiche Jean Marc

Purchase Details

Closed on
Nov 3, 2004
Sold by
Mormeneo Carlos
Bought by
Swaney Daniel and Swaney Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,950
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 23, 2004
Sold by
Mormeneo Carlos and Mormeneo Monica
Bought by
Mormeneo Carlos
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chawla Neeraj $430,000 Attorney
Rossner Keri $315,000 Attorney
Bellaiche Jean Marc $260,000 U S A Trust Title Llc
Swaney Daniel $347,800 --
Mormeneo Carlos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chawla Neeraj $302,000
Closed Chawla Neeraj $301,000
Previous Owner Rossner Keri $220,500
Previous Owner Swaney Daniel $82,500
Previous Owner Swaney Daniel $312,950
Previous Owner Mormeneo Carlos $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2024 09/18/24 Rented $3,500 0.0% --
09/12/2024 09/12/24 Under Contract -- -- --
09/05/2024 09/05/24 For Rent $3,500 0.0% --
12/30/2019 12/30/19 Sold $430,000 -6.3% $402 / Sq Ft
10/31/2019 10/31/19 For Sale $459,000 +45.7% $429 / Sq Ft
02/01/2019 02/01/19 Sold $315,000 -4.5% $294 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $330,000 0.0% $308 / Sq Ft
09/25/2015 09/25/15 Rented $2,300 -4.2% --
09/25/2015 09/25/15 For Rent $2,400 +14.3% --
10/01/2014 10/01/14 Rented $2,100 -12.5% --
09/01/2014 09/01/14 Under Contract -- -- --
05/07/2014 05/07/14 For Rent $2,400 +20.0% --
12/01/2012 12/01/12 Rented $2,000 -4.8% --
11/01/2012 11/01/12 Under Contract -- -- --
10/18/2012 10/18/12 For Rent $2,100 +5.0% --
03/10/2012 03/10/12 Rented $2,000 -13.0% --
02/09/2012 02/09/12 Under Contract -- -- --
12/17/2011 12/17/11 For Rent $2,300 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,005 $371,232 -- --
2024 $5,841 $360,770 -- --
2023 $5,841 $350,263 $0 $0
2022 $5,615 $340,062 $0 $0
2021 $5,585 $330,158 $0 $0
2020 $5,514 $325,600 $0 $0
2019 $7,170 $370,000 $0 $0
2018 $8,090 $430,226 $0 $0
2017 $7,931 $395,395 $0 $0
2016 $7,666 $359,450 $0 $0
2015 $7,434 $326,773 $0 $0
2014 $6,246 $297,067 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wes Pearce

    Landlord's Agent in 2024

    Wes Pearce

    Graber Realty Group LLC

    (305) 790-3331

    124 Total Sales

    Section Image

  • D

    Tenant's Agent in 2024

    Denise Dupesso

    Coldwell Banker Realty

    (786) 623-7624

    1 Total Sale

    Section Image
  • Richard Corrales

    Seller's Agent in 2019

    Richard Corrales

    Silverleaf Realty Group

    (305) 793-3230

    1 in this area

    122 Total Sales

    Section Image

  • S

    Seller's Agent in 2019

    Stephanie Cariglio

    Beachfront Realty Inc

    (786) 443-9970

    Section Image

  • F

    Seller's Agent in 2015

    Firat Cig

    MMLS Assoc.-Inactive Member

    Section Image

  • H

    Buyer's Agent in 2015

    Hakan Cenk

    Alba International Realty

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11653909

MIAMI REALTORS® MLS

APN: 02-3234-082-0060

Florida Miami/Dade County Miami Beach 33139 Lummus Park

1460 Ocean Dr Unit 206, Miami Beach, FL

This home is located at 1460 Ocean Dr Unit 206, Miami Beach, FL 33139 since 05 September 2024 and is currently priced at $586,184. This property was built in 1937. 1460 Ocean Dr Unit 206 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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