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Condominium
$425,000$590 / sqft
1460 Ocean Dr # 307, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
720 sqft
Interior
1937
Year built
$978 / mo
HOA
Condominium
Type
About this home
Nestled at the serene end of famous Ocean Drive, this beautifully remodeled Art Deco gem is your perfect Miami Beach retreat. Completely renovated with no detail spared, it offers impact windows, recessed lighting, and brand-new porcelain floors. The unit features a washer/dryer, automatic blinds, a dishwasher, and even a Roomba. Open Kitchen concept with Breakfast bar, spacious walk-in closet, and a second bedroom that can be closed off. Enjoy residential street parking and step right across the street for morning ocean dips. This is turnkey coastal living at its finest. Unit can be rented 4 times a year for a 90 day minimum. 40 year certification completed. All assessments paid. Tenant occupied until July 2027
Features
- Lobby
- Closet Cabinetry
- Other
- East Of Us1
- Garden View
- Other View
Leasing
- Minimum lease
- 90 days
- Leases permitted per year
- 4
- No Daily Rentals
- Ok To Lease
- Okay To Lease 1st Year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.