$320,000
SOLD SEP 19, 2019
2 Beds
2 Baths
1,000 Sq Ft
$564/mo HOA Fee

Recently Sold

$320 Per Sq Ft

18% Below List Price

421 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Main Floor Primary Bedroom
  • Intercom to Front Desk
  • Wood Flooring
  • 2-minute walk to Miami Beach Ocean Walk

About This Home

As of July 2025

Live the ArtDeco Lifestyle on World-Famous Ocean Drive! This unique 2-Story #dollhouse is meticulously cared for and in a fantastic location across from Lummus Park & Starbucks. Near all the SoBe excitement yet tucked to the back so it's super quiet, quaint, safe & a very comfortable home environ. Open kitchen w/Dining + Living room upstairs and 2 bed + 2 full baths downstairs. Impact glass windows look out to the outside community space. Laundry onsite w/adjacent parking option. Investor & Pet-friendly.

Last Agent to Sell the Property

Ashton Coleman

One Sotheby's International Re License #3065746 Listed on: 07/18/2018

One Sotheby's International Re

Last Buyer's Agent

Kasia Weszczak

MMLS Assoc.-Inactive Member License #3017701

MMLS Assoc.-Inactive Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,483

Year Built

  • Built in 1937

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $564 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Combination Dining and Living Room
  • Garden Views
  • Video Cameras
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Stacked Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Property has ocean access
  • Courtyard

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

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

Community Details

Overview

  • 31 Units
  • Drake Condos
  • The Drake Condo Subdivision
  • 5-Story Property

Amenities

  • Community Library
  • Laundry Facilities
  • Intercom to Front Desk
  • Lobby
  • Interior Hall
  • Bike Room
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,483

Year Built

Built in 1937

Lot Details

0

HOA Fees

$564 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: Ocean Drive & 15 Street - across from Starbucks and adjacent to front Porch Cafe
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse, Condo
  • Subdivision Name: THE DRAKE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Lobby, Second Floor Entry, Elevator, Fire Sprinklers, Pantry, Stacked Bedroom, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished, Furniture Negotiable
  • Living Area: 1000
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View, None
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: No
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Drake
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Common Area
  • Security: Fire Sprinklers, Smoke Detector, Card Entry, Intercom In Lobby, TV Camera

Condo/Co-op/Association

  • Association Fee: 564
  • Amenities: Bike/Jog Path, Bike Storage, Laundry, Elevator(s), Library, None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-082-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 564
  • Number Of Units In Community: 31
  • Number Of Units Total: 31

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7483

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: A10506524

MIAMI REALTORS® MLS

APN: 02-3234-082-0040