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$489,000

Beds
2
Baths
2.0
sq ft
910

1460 Ocean Dr Unit 205, Miami Beach, FL 33139

1460 Ocean Dr Unit 205

Miami Beach, FL 33139

  • 113 days on market
    • Price drop $26,050↓
Welcome to The Drake Condo, a fully remodeled, modern, and sleek 2-bedroom, 2-bathroom unit in the heart of South Beach (SoBe). This sophisticated two-story layout seamlessly blends style and comfort, with abundant natural light. Impact windows. The upper level features an open kitchen with granite countertops and stainless steel appliances, integrating with the dining and living areas to provide ample room for relaxation and entertainment. Downstairs, you will find two bedrooms with walk-in closets and two bathrooms. The building is across from the 15th Street beach entrance and approximately 2 miles from Lincoln Road also known as Lincoln Road Mall, a vibrant pedestrian street with shops, restaurants, galleries, and more. Live and work in style on the famous Ocean Drive in SoBe Beach.

Details

Property type

Condominium

Est. home value

$472,647

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$538

Year built

1937

Annual property taxes

$6,243

Monthly HOA fee

$1,114

Price History

10/22/2024
SEF

SEF #A11648762

Price change
$489,000
-5.06%
09/04/2024
SEF

SEF #A11648762

Listed
$515,050
-9.48%
08/05/2024
Beaches

Beaches #F10418125

Removed
$569,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Detroit Sav Bk

Loan start date

September 1993

Original loan amount

$88,500

Est. remaining balance

Not provided

Interest rate

7.2%

Loan type

Not Provided

Seller

Vera Mender

Lender

Detroit Sav Bk

Loan start date

September 1993

Original loan amount

$88,500

Est. remaining balance

Not provided

Interest rate

7.2%

Loan type

Not Provided

Seller

Vera Mender

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/26/2024 at 1:40 PM

Listing updated: 12/17/2024 at 11:45 AM

Listed by: Barbara Tojo, Century 21 World Connection Phone #: (786) 900-0155

MLS: SEF #A11648762

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