tomo logo

$569,000

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

  • 174 days on market
    • Price drop $30,000↓
The best of South Beach awaits you! This 2 bedroom unit is located in the highly sought after The Drake Condominium on Ocean Drive. You will enjoy all the amenities that this property offers, from the beach to the exciting SOBE has to offer, from nightlife living to exciting dining and shopping. The property is also close to Lincoln Road. It has a two-story layout with bedrooms on one level for maximum privacy. The kitchen and bathroom have been renovated, and the windows are hurricane resistant. Combine this unit with adjacent unit 205, which is also for sale, to make a huge 4 bedroom/4 bath unit. Don't miss your chance to live in this coveted area!

Details

Property type

Condominium

Est. home value

$472,647

Lot size

Unknown

Price per sq ft

$626

Year built

1937

Annual property taxes

$6,243

Monthly HOA fee

$1,100

Price History

07/03/2024
Beaches

Beaches #F10418125

Price change
$569,000
-5.01%
05/29/2024
Beaches

Beaches #F10418125

Price change
$599,000
-3.23%
04/17/2024
Beaches

Beaches #F10418125

Price change
$619,000
-4.62%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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?

Status: Active

Tomo last checked: 07/07/2024 at 8:05 PM

Listing updated: 07/03/2024 at 10:58 AM

Listed by: Agustin Tome, RE/MAX Preferred Phone #: (954) 396-5900

MLS: Beaches #F10418125

Beaches logo

Recently listed in Miami Beach

$2,290,000|2 bd|2.0 ba|House
$3,950,000|4 bd|4.0 ba|House

Explore top cities in Florida