
The Drake Unit 401 Sold

Property Details
| Sold Price | $350,000 |
|---|---|
| Last Asking Price | $419,000 |
| Price per SqFt | $461 |
| Maintenance Fee | $423 Monthly |
| Property Taxes | $4,574 2011 |
| Interior Space | 760 SqFt |
| Beds/Baths | 1/2 |
| Furnished | Negotiable |
| Year Built | 1937 |
| Closed Date | 1/7/2013 |
| MLS # | A1654637 |
Location
From the listing
Live on world famous Ocean Drive! This modern and sleek corner 1 bedroom 2 bath residence has been fully renovated featuring top of the line appliances, Italian cabinetry, quartz countertops, and designer finishes. Steps to beach and Oceanside promenade w ith Lincoln Road, Espanola Way, world class dining, shopping, & entertainment are minutes away! Parking available. Easy to show.
Listed by Coldwell Banker Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $423 a month; taxes $4,574 for 2011. MLS figures, which may not be accurate.
Sales History for This Unit · The Drake Unit 401
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 ⇅ |
|---|---|---|---|
| 308 | $272,000$495/SqFt | 89% | 4/19/23 |
| 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 |
For a full analysis of past sales in this building, contact Mark Zilbert.

Listed by Coldwell Banker 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 401, 1460 Ocean Dr · MLS A1654637 · Sold Jan 2013
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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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.

