Property Details
| Sold Price | $715,000 |
|---|---|
| Last Asking Price | $749,000 |
| Price per SqFt | $586 |
| Maintenance fee | $672 Monthly |
| Property Taxes | $7,517 2014 |
| Interior Space | 1,220 SqFt |
| Beds/Baths | 3/2½ |
| Year Built | 1937 |
| Closed Date | 7/22/2016 |
| MLS # | A2166499 |
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
Completely remodeled 3 Bedroom/2.5 Bath Residence on World Famous Ocean Drive. This beautifully decorated and meticulously maintained residence is in the Heart of South Beach, just steps away from the Ocean, Lummus Park, and Deco District. Only 2 blocks t o Espanola Way and all the fabulous restaurants, nightlife, and shopping on Lincoln Road.
Listed by Douglas Elliman
Sales History for This Unit · The Drake Unit 506
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11026204 | $765,000 | 2/28/22 |
What Other Units Have Been Selling For at The Drake
1 other unit sold in the last 12 months at an average of $655/SqFt
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 506 (406) | $799,000$655/SqFt | 82% | 11/17/25 |
| 506 | $765,000$627/SqFt | 94% | 2/28/22 |
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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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