Property Details
| Sold Price | $400,000 |
|---|---|
| Last Asking Price | $406,000 |
| Price per SqFt | $556 |
| Maintenance fee | $425 Monthly |
| Property Taxes | $4,841 2019 |
| Interior Space | 720 SqFt |
| Beds/Baths | 2/2 |
| Furnished | Yes |
| Year Built | 1937 |
| Closed Date | 10/20/2020 |
| MLS # | A10908732 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
Live on Ocean Drive, just one block from the beach in the iconic Drake Condominium. This 1930s elevator, boutique building with laundry lies in the heart of South Beach's Art Deco Historic District. Spacious, recently remodeled, well appointed and fully furnished - Unit 405 boasts 2-bedrooms (each with large closet) and 2 full bathrooms. Kitchen comes fully stocked and features full size, stainless appliances including dishwasher and Eat-in Counter. No expense has been spared on the upgrades with stylish contemporary furnishings and art throughout. Bedrooms are on opposite sides allowing for plenty of privacy and functionality. Feels much larger than its square footage. Minutes to Lincoln Road Mall and SOFI Beach living at its best ! Offered fully furnished
Listed by Douglas Elliman
Sales History for This Unit · The Drake Unit 405
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A1775771 | $315,000 | 11/6/13 |
What Other Units Have Been Selling For at The Drake
2 other units sold in the last 12 months at an average of $298/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 305 | $360,000$500/SqFt | 99% | 5/6/26 |
| 208 | $120,000$135/SqFt | 31% | 2/27/26 |
| 204 | $370,000$374/SqFt | 95% | 7/3/25 |
| 302 | $315,000$470/SqFt | 98% | 6/16/25 |
| 305 | $435,000$604/SqFt | 97% | 1/30/23 |
| 202 | $455,000$417/SqFt | 91% | 4/29/22 |
| 205 | $400,000$440/SqFt | 80% | 4/25/22 |
| 203 | $400,000$440/SqFt | 80% | 4/25/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. 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.
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Location
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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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
2 for sale · 3 sold in the last 12 months · building avg $452/SqFt sold