The Drake Unit 409 Sold
Property Details
| Sold Price | $230,000 |
|---|---|
| Last Asking Price | $250,000 |
| Price per SqFt | $434 |
| Maintenance Fee | $250 Monthly |
| Property Taxes | $2,693 2010 |
| Interior Space | 530 SqFt |
| Beds/Baths | 1/1 |
| Furnished | Yes |
| Year Built | 1937 |
| Closed Date | 8/27/2013 |
| MLS # | A1696516 |
Location
From the listing
BUILDING COMPLETELY REDONE IN 1992. VERY NICE UNIT FURNISHED ONE STEP FROM THE BEACH IN OCEAN DRIVE, ART DECO DISTRICT. OWNER/BROKER.UNIT IS RENTED UNTIL NOV. 2013 AFTER THIS DATE TENANT NEED 30 DAYS NOTICE TO VACATE.
Listed by Redilco Int'l Real Estate, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $250 a month; taxes $2,693 for 2010. MLS figures, which may not be accurate.
Sales History for This Unit · The Drake Unit 409
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10645790 | $212,000 | 8/13/19 |
| A10116558 | $245,000 | 1/27/17 |
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 |
| 401 | $350,000$461/SqFt | 84% | 1/7/13 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Redilco Int'l Real Estate, LLC. 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 409, 1460 Ocean Dr · MLS A1696516 · Sold Aug 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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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. Unit 409 sold at $434 per SqFt, below 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.