$489,000
$26K PRICE DROP

Estimated payment $4,363/month

Total Views 5,742
2 Beds
2 Baths
910 Sq Ft
$537 Price per Sq Ft

Highlights

  • Two Primary Bathrooms
  • Bike Room
  • High Impact Windows
  • Elevator
  • Eat-In Kitchen
  • 2-minute walk to Miami Beach Ocean Walk

About This Home

Welcome to The Drake Condo, a fully remodeled, modern, and sleek 2-bedroom, 2-bathroom unit in the heart of South Beach (SoBe). This sophisticated two-story layout seamlessly blends style and comfort, with abundant natural light. Impact windows. The upper level features an open kitchen with granite countertops and stainless steel appliances, integrating with the dining and living areas to provide ample room for relaxation and entertainment. Downstairs, you will find two bedrooms with walk-in closets and two bathrooms. The building is across from the 15th Street beach entrance and approximately 2 miles from Lincoln Road also known as Lincoln Road Mall, a vibrant pedestrian street with shops, restaurants, galleries, and more. Live and work in style on the famous Ocean Drive in SoBe Beach.

Listing Agent

Barbara Tojo

Century 21 World Connection License #3343959

Century 21 World Connection

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,243

Year Built

  • Built in 1937 | Remodeled

HOA Fees

  • $1,114 Monthly HOA Fees

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 910 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Video Cameras
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard
  • Patio

Location

  • East of U.S. Route 1

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-082-0050

Community Details

Overview

  • The Drake Condo
  • The Drake Condo,The Drake Condo Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator
  • Secure Lobby
  • Bike Room

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,243

Year Built

Built in 1937 | Remodeled

Lot Details

0

HOA Fees

$1,114 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Directions: Use GPS
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: THE DRAKE CONDO,The Drake Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Living Area: 910
  • Stories: 5
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Master Bathroom Features: 2 Primary Bathrooms, Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Courtyard, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Drake Condo
  • Open Parking: Yes
  • Parking Features: Other, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Card Entry, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1114
  • Amenities: Bike Storage, Laundry, Elevator(s), Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-082-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6243

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,243 $363,440 -- --
2023 $6,243 $330,400 $0 $0
2022 $5,261 $280,000 $0 $0
2021 $5,512 $285,500 $0 $0
2020 $5,264 $271,900 $0 $0
2019 $5,988 $309,000 $0 $0
2018 $6,755 $359,252 $0 $0
2017 $6,770 $342,393 $0 $0
2016 $6,536 $311,267 $0 $0
2015 $6,331 $282,970 $0 $0
2014 $5,409 $257,246 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Rented $3,000 -99.4% --
12/17/2024 12/17/24 Under Contract -- -- --
10/22/2024 10/22/24 Price Changed $489,000 0.0% $537 / Sq Ft
10/22/2024 10/22/24 For Rent $3,500 0.0% --
09/04/2024 09/04/24 For Sale $515,050 +28.8% $566 / Sq Ft
04/25/2022 04/25/22 Sold $400,000 -19.8% $440 / Sq Ft
07/22/2021 07/22/21 For Sale $499,000 -- $548 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $88,500 No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11648762

MIAMI REALTORS® MLS

APN: 02-3234-082-0050