The Drake is a historic Art Deco condominium located at 1460 Ocean Drive in the heart of South Beach, Miami Beach, FL 33139. Built in 1937, this low-rise, five-story building features approximately 31-33 units offering 1- and 2-bedroom residences with ocean views and proximity to the Atlantic Ocean and Lummus Park. As a condominium association (THE DRAKE CONDOMINIUM ASSOCIATION, INC.), it emphasizes intimate, charming living in a prime South Beach location known for its vibrant atmosphere, art deco architecture, and beach access.
HOA Fees and Financial Obligations Monthly HOA fees are approximately $1,200 per unit. These fees typically cover common area maintenance, grounds upkeep, building maintenance and repairs (including roof), security, property insurance, water, sewer, trash removal, pest control, and shared laundry facilities. Fees may vary slightly by unit; buyers should verify exact amounts with the association. Pet ownership is permitted with breed and size restrictions, plus limits on the number of pets.
Rules and Regulations The association maintains standard condominium rules focused on preserving the historic character and ensuring resident comfort. Pets are allowed but subject to restrictions. Rentals are permitted. Security features include carded entry, secure elevators, and lobby access. The building offers bike storage and is walkable to Ocean Drive amenities. Prospective residents should review the full governing documents for any leasing caps, architectural guidelines, or guest policies.
Community Amenities and Lifestyle Amenities are modest and practical for this intimate building: shared laundry facilities, a library, bike storage, BBQ/picnic areas, and access to nearby biking/jogging paths. Residents enjoy elevator service and secure parking options. The location provides direct access to South Beach's lifestyle, including the beach across the street, world-famous Ocean Drive dining and nightlife, and Lummus Park for outdoor recreation. It suits those seeking a historic, low-maintenance coastal condo lifestyle without extensive on-site resort facilities.
Notable Aspects The Drake stands out for its classic 1937 Art Deco design, small scale fostering a close-knit community, and unbeatable South Beach location. It offers a blend of historic charm and modern updates in many units. The association is active, with contact details available publicly.
Management Company: The Drake Condominium Association, Inc. (self-managed/board-operated) Phone: (305) 604-1752 Email: Details not publicly available Website: Details not publicly available Address: 1460 Ocean Drive, Miami Beach, FL 33139 (principal); Mailing: 1235 Alton Road A, Miami Beach, FL 33139