$370,000
SOLD JUL 3, 2025
2 Beds
2 Baths
990 Sq Ft
$1,299/mo HOA Fee

Recently Sold

$374 Per Sq Ft

16% Below List Price

153 Days on Market

Highlights

  • Ocean Front
  • Two Primary Bathrooms
  • Sun or Florida Room
  • Intercom to Front Desk
  • Garden View
  • 2-minute walk to Miami Beach Ocean Walk

About This Home

As of July 2025

BEAUTIFUL FURNISHED 2 STORY TOWNHOME IN THE FAMOUS OCEAN DRIVE IN THE HEART OF SOUTH BEACH. THE UPPER-LEVEL OFFERS A LARGE LIVING DINING WITH AN OPEN KITCHEN. DOWNSTAIRS YOU WILL FIND 2 BEDROOMS 2 BATH W/WALKING CLOSETS AND IMPACT WINDOWS. THE DRAKE BUILDING IS LOCATED ACROSS THE BEACH, RESTAURANTS, SHOPPING, GALLERIES AND MUCH MORE. VACANT. EASY TO SHOW. TEXT LA.

Last Agent to Sell the Property

Nelly *notes* Macias

Howard Chase Real Estate, LLC License #3047440 Listed on: 01/31/2025

Last Buyer's Agent

John Sandberg

Compass Florida, LLC License #3211334

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,620

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $1,299 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Split Level Home
  • Entry on the 2nd floor

Interior Spaces

  • 990 Sq Ft Home
  • Furnished
  • Awning
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Sun or Florida Room
  • Tile Flooring
  • Garden Views
  • Video Cameras

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Emergency Intercom

Outdoor Features

  • Courtyard
  • Exterior Lighting

Schools

  • Miami Park Elementary School
  • North Miami Middle School
  • North Miami High School

Additional Features

  • Energy-Efficient HVAC
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-082-0040

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Bike Room

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • High Impact Windows
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,620

Year Built

Built in 1937 | Remodeled

Lot Details

0

HOA Fees

$1,299 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Split Level
  • 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
  • Year Built Details: Newly Updated/Renovated
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry, Fire Sprinklers, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Florida Room
  • Accessibility Features: Accessible Elevator Installed, Emergency Intercom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 990
  • Possible Use: Primary
  • Stories: 5
  • Window Features: Clear Impact Glass, Complete Impact Glass, Awning, Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining
  • Living Room Features: Florida Room
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Garden View
  • Exterior Features: Courtyard
  • Construction Type: Concrete Block Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: THE DRAKE CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Sprinklers, Card Entry, Intercom In Lobby, TV Camera

Condo/Co-op/Association

  • Association Fee: 1299
  • Amenities: Bike Storage, Bike/Jog Path, Laundry, Elevator(s), Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Miami Park
  • High School: North Miami
  • Middle Or Junior School: North Miami

Lot Info

  • Parcel Number: 02-32-34-082-0040

Green Features

  • Efficiency: HVAC

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Jul 3, 2025
Sold by
Taarit Wajih Ben and Taarit Maxine Marie
Bought by
Red Real Estate Holdings Llc
Seller's Agent
Nelly *notes* Macias
Howard Chase Real Estate, LLC
Buyer's Agent
John Sandberg
Compass Florida, LLC
List Price
$440,000
Sold Price
$370,000
Premium/Discount to List
-$70,000
-15.91%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.25%

Purchase Details

Closed on
Dec 9, 2022
Sold by
Kreal Estate Holdings Llc
Bought by
Taarit Wajih Ben

Purchase Details

Closed on
May 18, 2021
Sold by
Taarit Khaldoun Ben and Guallali Raodha
Bought by
Kreal Estate Holdings Llc

Purchase Details

Listed on
Jul 18, 2018
Closed on
Sep 19, 2019
Sold by
Bisson James
Bought by
Taarit Khaldoun Ben and Taarit Raodha Guallali Ben
Seller's Agent
Ashton Coleman
One Sotheby's International Re
Buyer's Agent
Kasia Weszczak
MMLS Assoc.-Inactive Member
List Price
$392,500
Sold Price
$320,000
Premium/Discount to List
-$72,500
-18.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Closed on
Jun 23, 2008
Sold by
Santos Leah M and Santos Marcos A
Bought by
Bisson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2005
Sold by
Lewis Daren
Bought by
Santos Marcos A and Santos Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 8, 2002
Sold by
Roy Gaetz I
Bought by
Lewis Daren

Purchase Details

Closed on
Mar 31, 1994
Sold by
S Ocean Bch Prop Inc
Bought by
Gaetz Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.26%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 None Listed On Document
Warranty Deed $370,000 None Listed On Document
Quit Claim Deed -- --
Interfamily Deed Transfer -- Accommodation
Warranty Deed $320,000 Attorney
Warranty Deed $365,000 Deluxe Title & Escrow Inc
Warranty Deed $380,000 --
Warranty Deed $199,000 --
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $304,000 Fannie Mae Freddie Mac
Previous Owner $101,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $370,000 -4.9% $374 / Sq Ft
03/08/2025 03/08/25 Price Changed $389,000 -11.6% $393 / Sq Ft
01/31/2025 01/31/25 For Sale $440,000 +37.5% $444 / Sq Ft
09/19/2019 09/19/19 Sold $320,000 -8.3% $320 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
04/08/2019 04/08/19 Price Changed $349,000 -6.9% $349 / Sq Ft
02/27/2019 02/27/19 Price Changed $375,000 -2.6% $375 / Sq Ft
02/06/2019 02/06/19 Price Changed $385,000 -1.3% $385 / Sq Ft
08/27/2018 08/27/18 Price Changed $390,000 -0.6% $390 / Sq Ft
07/18/2018 07/18/18 For Sale $392,500 0.0% $393 / Sq Ft
11/14/2014 11/14/14 Rented $2,900 -3.3% --
10/15/2014 10/15/14 Under Contract -- -- --
09/10/2014 09/10/14 For Rent $3,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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
2025 $5,620 $350,181 -- --
2024 $5,620 $340,312 -- --
2023 $5,466 $330,400 $0 $0
2022 $5,261 $280,000 $0 $0
2021 $6,358 $329,300 $0 $0
2020 $6,071 $313,600 $0 $0
2019 $6,907 $356,400 $0 $0
2018 $7,674 $414,476 $0 $0
2017 $7,483 $367,774 $0 $0
2016 $7,241 $334,340 $0 $0
2015 $7,029 $303,946 $0 $0
2014 $5,810 $276,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11735910

MIAMI REALTORS® MLS

APN: 02-3234-082-0040