$978,000

1460 Ocean Dr Unit 506 (406) Miami Beach, FL 33139

Lummus Park Neighborhood

Estimated payment $7,709/month

Total Views 2,954
3 Beds
2.5 Baths
1,220 Sq Ft
$802 Price per Sq Ft

Highlights

  • Ocean View
  • Bike Room
  • Closet Cabinetry
  • Deck
  • Built-In Features
  • 2-minute walk to Miami Beach Ocean Walk

About This Home

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!

Listing Agent

Agustin Tome

Charles Rutenberg Realty FTL License #3252368 Listed on: 08/11/2025

Charles Rutenberg Realty FTL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,338

Year Built

  • Built in 1937

HOA Fees

  • $1,579 Monthly HOA Fees

Parking

  • On-Street Parking

Property Views

  • Ocean
  • Garden

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceramic Tile Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry

Home Security

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-082-0290

Community Details

Overview

  • Association fees include amenities, insurance, laundry, maintenance structure, roof, sewer, trash, water
  • The Drake Condominium Subdivision

Amenities

  • Community Library
  • Laundry Facilities
  • Bike Room
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,338

Year Built

Built in 1937

Lot Details

0

HOA Fees

$1,579 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: GPS - Corner of Ocean Dr and 15th ST
  • Year Built: 1937
  • Carport Y N: No
  • Entry Level: 4
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, First Floor Entry, Kitchen Island, Upper Level Primary, Elevator
  • Main Level Bathrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1220.0
  • Stories: 4

Exterior Features

  • Exterior Features: Deck, Security/High Impact Doors
  • View: Garden, Ocean
  • View: Yes
  • Waterfront: No
  • Disclosures: Historical
  • Construction Type: Block
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Laundry Features: Common Area
  • Security: Complex Fenced, Intercom, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 1579.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Bike Storage, Laundry, Library, Elevator(s)
  • Association #2 Fee: 1579.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes

Fee Information

  • Association Fee Includes: Amenities, Insurance, Laundry, Maintenance Structure, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 02-32-34-082-0290

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11338.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $978,000 0.0% $802 / Sq Ft
08/11/2025 08/11/25 For Rent $5,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10521198

BeachesMLS (Greater Fort Lauderdale)
Florida Miami/Dade County Miami Beach 33139 Lummus Park

1460 Ocean Dr Unit 506 (406), Miami Beach, FL

This home is located at 1460 Ocean Dr Unit 506 (406), Miami Beach, FL 33139 and is currently priced at $978,000, approximately $801 per square foot. This property was built in 1937. 1460 Ocean Dr Unit 506 (406) 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Agustin Tome
Listing Agent
Agustin Tome
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Charles Rutenberg Realty FTL
(786) 807-4450