The Drake Unit 308 Sold
Property Details
| Sold Price | $272,000 |
|---|---|
| Last Asking Price | $304,900 |
| Price per SqFt | $495 |
| Maintenance Fee | $329 Monthly |
| Property Taxes | $3,476 2022 |
| Interior Space | 550 SqFt |
| Beds/Baths | 1/1 |
| Year Built | 1937 |
| Closed Date | 4/19/2023 |
| MLS # | A11355935 |
Location
From the listing
THE DRAKE IS A CHARMING ART DECO BUILDING LOCATED ON THE QUIET SIDE OF THE OCEAN DRIVE AWAY FROM THE NOISE BUT RIGHT ACROSS FROM THE OCEAN AND STEPS AWAY FROM ALL THE RESTAURANTS AND NIGHTLIFE THAT OCEAN DRIVE AND COLLINS AVE HAVE TO OFFER. UNIT 308 IS A 1 BED OVERLOOKING THE COURTYARD, UNIT NEEDS SOME TLC BUT IS THE PERFECT PIED A TERRE AND IS PRICED AGGRESSIVELY FOR A QUICK SALE! STRICTLY SOLD AS IS! WILL NOT LAST!!
Listed by Manage Miami Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $329 a month; taxes $3,476 for 2022. MLS figures, which may not be accurate.
Sales History for This Unit · The Drake Unit 308
Sales history is unavailable for this property
What Other Units Have Been Selling For at The Drake
3 units sold at The Drake in the last 12 months at an average of $452/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 309 | $225,000$500/SqFt | 89% | 10/21/20 |
| 409 | $212,000$471/SqFt | 82% | 8/13/19 |
| 409 | $245,000$480/SqFt | 88% | 1/27/17 |
| 409 | $230,000$434/SqFt | 92% | 8/27/13 |
| 401 | $350,000$461/SqFt | 84% | 1/7/13 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Manage Miami Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
The Drake Unit 308, 1460 Ocean Dr · MLS A11355935 · Sold Apr 2023
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at The Drake
At The Drake, 5 units are for sale and 3 sold in the last 12 months at an average of $452 per SqFt. Unit 308 sold at $495 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.