The Drake Condo Homes for Sale

Available Now

Active

Miami Beach, FL · Condo

1460 Ocean Drive 208

$390,000

2 Bed1.5 Bath890 Sqft

Active

Miami Beach, FL · Condo

1460 Ocean Drive 205

$425,000

2 Bed2 Bath910 Sqft

Frequently Asked Questions

How many homes are for sale in The Drake Condo?

There are 2 active listings for sale in The Drake Condo right now, and these counts update from the MLS as homes come on the market and go under contract. Inventory spans a range of budgets and property types, from condos and townhomes to single-family homes. Ask us to set up a search alert and you will see new The Drake Condo listings the day they reach the market.

What is the median home price in The Drake Condo?

The median list price in The Drake Condo is $407,500, or roughly $453 per square foot. The median is the midpoint of what is currently listed, so about half of The Drake Condo homes ask more and half ask less, within a broader range of $390,000 to $425,000. Treat it as a quick gauge of the The Drake Condo market rather than a valuation for any one home, since price depends heavily on size, condition, location, and community. We can pull recent comparable sales to price a specific home more precisely.

What price range do homes in The Drake Condo cover?

Homes for sale in The Drake Condo currently range from about $390,000 at the entry level to $425,000 at the top of the market. That spread reflects the local mix, from smaller condos and townhomes up to larger single-family and luxury homes, with the median list price around $407,500. A wide range usually means there is something at most budgets, though the number of homes at each price point varies. Tell us your budget and must-haves and we will send the The Drake Condo listings that actually fit.

How long do homes take to sell in The Drake Condo?

Homes in The Drake Condo are averaging 45 days on market, measured from the day a listing goes live to the day it goes under contract. That pace is a useful read on demand: a lower number points to a faster, more competitive market where well-priced homes move quickly, while a higher number gives buyers more room to negotiate. Days on market in The Drake Condo also shift with the season and with how a home is priced, so a sharply priced listing can still sell well ahead of the average.

About The Drake Condo

The Drake Condo is a community in Miami Beach, Miami-Dade County, Florida. Construction dates to 1937. There are 2 homes for sale in The Drake Condo right now, updated from the MLS.

Homes & Architecture

Homes for sale in The Drake Condo

Homes for sale in The Drake Condo offer 2 bedrooms and 1.5 to 2 baths. Living areas run from about 890 to 910 square feet. The mix here includes condo homes. Current prices run from $390,000 to $425,000.

Schools

Schools near The Drake Condo

Homes for sale in The Drake Condo are typically zoned for the Miami Beach public schools below, based on current MLS listings. Confirm the exact attendance zone for any specific address with the Miami-Dade County school district before you buy.

Elementary School

Miami Beach Fienberg / Fisher K-8

High School

Miami Beach

Market & Value

The Drake Condo market and home values

Values in The Drake Condo track the community's own sales more closely than any broad regional number. The median list price in The Drake Condo is around $407,500, or roughly $453 per square foot. That sits about 32% below the Miami-Dade County median, which shows where The Drake Condo lands in the local market. Recent asking prices have run from $390,000 to $425,000, so the home you choose within The Drake Condo matters as much as the community average. Homes here have recently taken about 45 days to go under contract, a useful gauge of how quickly the The Drake Condo market is moving. For pricing an offer or a listing, comparable sales within The Drake Condo carry more weight than any headline number, since homes of the same type and size set the real range. Pure Equity Realty can pull the active and recently sold homes in The Drake Condo so you work from real numbers, not an estimate.

Who It Suits

Is The Drake Condo right for you?

A quick read on who fits The Drake Condo saves time before you visit. The Drake Condo suits a range of buyers, from first-time owners to move-up families, who want a home in Miami Beach with the everyday conveniences of the area close by. On price, The Drake Condo lands in the middle of the market, a common fit for move-up buyers and full-time residents. Whether The Drake Condo is right for you depends on how you plan to use the home, full time or seasonally, and Pure Equity Realty can walk you through the tradeoffs before you commit.

Amenities & Lifestyle

Living in The Drake Condo

The Drake Condo is a residential neighborhood, and its homeowners association maintains the shared areas and community standards.

Location

The Drake Condo location

The Drake Condo is located in Miami Beach, part of Miami-Dade County, Florida. The Miami Beach area's shopping, dining, schools, and parks are all nearby, and the region's job centers, beaches, and airports are within driving distance.

Buying in The Drake Condo

Buying a home in The Drake Condo

Buying in The Drake Condo follows the same path as the rest of Miami-Dade County. Getting a mortgage pre-approval first tells you your real budget and lets you move quickly when the right home comes up. Property taxes factor into the monthly payment: the median annual property tax in Miami-Dade County is about $3,516. Florida's homestead exemption lowers the taxable value of a primary residence, and the Save Our Homes cap limits how fast that assessed value can rise from year to year. Budget for homeowners insurance as well. Rates in Florida reflect wind and flood exposure, so gather quotes early and check whether a specific address sits in a FEMA flood zone. Once you are under contract, plan for a home inspection and, if you are financing, a lender appraisal, both of which fall inside the inspection period. Working with an agent who knows Miami Beach means you see new listings in The Drake Condo the day they reach the market.

Selling in The Drake Condo

Selling a home in The Drake Condo

A successful sale in The Drake Condo comes down to pricing, presentation, and marketing. List prices in The Drake Condo currently center around $407,500, which is a starting reference for where a comparable home might be positioned. Homes that are decluttered, professionally photographed, and priced to recent comparable sales tend to draw the most interest in the first two weeks, when a listing is newest and gets the most views. Florida sellers usually pay the documentary stamp tax on the deed, currently $0.70 per $100 of the sale price in most counties, along with prorated property taxes and, by local custom in many areas, the owner's title insurance policy. We provide a no-obligation home valuation for The Drake Condo owners in Miami Beach, so you can see what your property could sell for before you commit to listing.

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