Market overview
Total active
5
Avg price
$384,800.00
Median price
$395,000.00
Price range
$295,000.00 – $425,000.00
Avg $/sqft
$547.00
Luxury (1M+)
0
📡
Market Pulse
Based on 493 closed sales in Miami Beach · last 12 months
💰
Median Sold Price
$670,000
from closed sales
📅
Avg. Days on Market
122 days
from list to contract
📊
Absorption Rate
5.4%
of inventory sold per month
🎯
Sale-to-List Ratio
93.0%
of asking price
Source: Spark MLS · Updated every 6h
The Drake Condo has 5 active home listings. Median list price is $395,000. Listings range from $295,000 to $425,000. Property mix: 5 Residential.
Market snapshot
- Active listings
- 5
- Homes for sale
- 5
- Homes for rent
- 3
- Median price
- $395K
- Waterfront homes
- 1
Market context
The median home price in The Drake Condo is currently around $395,000. This sits below the overall Miami Beach median, making it a notable option for buyers exploring waterfront communities in this part of Miami Beach.
Positioning
- ·Price: below Miami Beach median
- ·Mix: sale and rent
- ·Dominant type: Residential
- ·Waterfront: 1
Best fit for
- Condo buyers
- Buyers comparing lower-entry options in Miami Beach
Compare homes in The Drake Condo with the wider Miami Beach market
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Listings in The Drake Condo
Active · Miami Beach
$395,000
1460 Ocean Drive 308, Miami Beach, FL 33139 · Miami Beach · FL 33139
1 bd · 1 ba · 550 sqft
WaterfrontFurnished
View detailsActive · Miami Beach
$295,000
1460 Ocean Drive 309, Miami Beach, FL 33139 · Miami Beach · FL 33139
1 bd · 1 ba · 450 sqft
View detailsActive · Miami Beach
$419,000
1460 Ocean Drive 407, Miami Beach, FL 33139 · Miami Beach · FL 33139
2 bd · 2 ba · 720 sqft
View details
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