$315,000
SOLD JUN 16, 2025
2 Beds
2 Baths
670 Sq Ft
$1,000/mo HOA Fee

Recently Sold

$470 Per Sq Ft

25% Below List Price

248 Days on Market

Highlights

  • Intercom to Front Desk
  • Bike Room
  • Views
  • Furnished
  • Courtyard
  • 2-minute walk to Miami Beach Ocean Walk

About This Home

As of June 2025

Live on world-famous Ocean Drive. Spacious 2 bedroom/ 2 bathroom unit. Full of light and directly across from the 15th Street Beach access. Amazing opportunity to own a piece of South Beach history. Use it as a live/work space, vacation home, or investment.The unit is rented at $2,700/month till February 2025. Please text LA to schedule a showing. 48hrs noticeFirm price

Last Agent to Sell the Property

Nadia Chinello

Orange Realty Miami License #3306316 Listed on: 09/12/2024

Last Buyer's Agent

Sheree Saint Victor

Compass Florida, LLC License #3503192

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,691

Year Built

  • Built in 1937

HOA Fees

  • $1,000 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 670 Sq Ft Home
  • Furnished
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Courtyard

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-082-0120

Community Details

Overview

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

Amenities

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

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,691

Year Built

Built in 1937

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Property Sub Type: Condominium
  • Entry Level: 3
  • 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: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Interior Hall, Third Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 670
  • Possible Use: Investment
  • Stories: 5
  • Bedroom Features: None

Exterior Features

  • View: Other View
  • Exterior Features: Other, Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Drake
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 1000
  • Amenities: Bike Storage, Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-082-0120

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4691

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Jun 16, 2025
Sold by
Vista Mare Llc
Bought by
Pvg Sobe One Llc
Seller's Agent
Nadia Chinello
Orange Realty Miami
Buyer's Agent
Sheree Saint Victor
Compass Florida, LLC
List Price
$420,000
Sold Price
$315,000
Premium/Discount to List
-$105,000
-25%
Views
103
Current Estimated Value
$331,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,411
Avg. Annual Appreciation
22.53%

Purchase Details

Closed on
Mar 9, 2010
Sold by
Irvine Edmund
Bought by
Vista Mare Llc

Purchase Details

Closed on
Mar 2, 2007
Sold by
Morburger Arthur J
Bought by
Irvine Edmund

Purchase Details

Closed on
Dec 29, 2000
Sold by
Guido Patricia A
Bought by
Goldfard Rose

Purchase Details

Closed on
Jul 28, 1998
Sold by
Cromartie Robert and Briggs Alan
Bought by
Guido Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 1995
Sold by
S Ocean Bch Prop Inc
Bought by
Cromartie Robert and Briggs Alan
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $320,000 Ads Title
Warranty Deed $320,000 Ads Title
Warranty Deed $255,000 Attorney
Personal Reps Deed $335,000 Old Florida Title Company
Warranty Deed $181,000 --
Warranty Deed $145,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $315,000 -1.6% $470 / Sq Ft
05/18/2025 05/18/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $320,000 -7.2% $478 / Sq Ft
04/03/2025 04/03/25 Price Changed $345,000 -13.5% $515 / Sq Ft
01/27/2025 01/27/25 Price Changed $399,000 -5.0% $596 / Sq Ft
09/12/2024 09/12/24 For Sale $420,000 0.0% $627 / Sq Ft
02/01/2024 02/01/24 Rented $2,700 0.0% --
01/22/2024 01/22/24 Under Contract -- -- --
01/05/2024 01/05/24 For Rent $2,700 0.0% --
01/03/2024 01/03/24 Under Contract -- -- --
12/10/2023 12/10/23 Price Changed $2,700 -10.0% $4 / Sq Ft
10/23/2023 10/23/23 For Rent $3,000 +87.5% --
11/01/2020 11/01/20 Rented $1,600 0.0% --
09/07/2020 09/07/20 For Rent $1,600 0.0% --
08/24/2020 08/24/20 Under Contract -- -- --
07/20/2020 07/20/20 For Rent $1,600 -23.8% --
10/15/2014 10/15/14 Rented $2,100 -8.7% --
09/15/2014 09/15/14 Under Contract -- -- --
09/12/2014 09/12/14 For Rent $2,300 +15.0% --
05/30/2012 05/30/12 Rented $2,000 -4.8% --
04/30/2012 04/30/12 Under Contract -- -- --
03/14/2012 03/14/12 For Rent $2,100 -- --
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 $5,387 $292,820 -- --
2024 $4,691 $266,200 -- --
2023 $4,691 $242,000 $0 $0
2022 $4,134 $220,000 $0 $0
2021 $4,182 $216,600 $0 $0
2020 $3,994 $206,300 $0 $0
2019 $4,542 $234,400 $0 $0
2018 $4,791 $254,780 $0 $0
2017 $4,852 $254,780 $0 $0
2016 $4,949 $254,780 $0 $0
2015 $5,048 $254,780 $0 $0
2014 $4,920 $233,977 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11658537

MIAMI REALTORS® MLS

APN: 02-3234-082-0120