The Drake
Condos for Sale in Miami Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, the Drake Condo in FL has 4 homes for sale, asking from $295,000 to $425,000 (median $407,000). Homes listed or recently sold were built 1937–1937; 4 of 4 report an HOA (median $904/mo).
Last 30 days in The Drake: 3 new listings (median asking $395,000). As of November 11, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in The Drake Condo
Live MLS inventory for The Drake Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 9 daysTop listing
Active · 35 days
Active · 18 days
Active · 0 daysActive and pending The Drake Condo listings as of 2026-11-11, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R). Tap any home to ask about it.
The Drake sits in a Miami-Dade market segment where activity right now is thin enough that a single closing has come through in the most recent window. That is not a reason to write the building off, but it does mean any pricing conversation here has to be built from actual comparable inspection rather than a headline stat, because the sample size to lean on simply is not there yet.
For a seller, thin closing volume can work in your favor if you price against real, unit-specific comps and give the listing time to find the right buyer. For a buyer, it means you have room to negotiate on your terms rather than reacting to competing offers, since there is no visible bidding pressure showing up in the data right now.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Current MLS activity in the Drake Condo is limited, with only one closing recorded in the most recent window, so this is a market that rewards direct comparable research over broad-strokes pricing assumptions.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of The Drake Condo. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
The Drake CondoThe Drake CondoThe Drake CondoThe Drake CondoPhotos from MIAMI MLS listings in The Drake Condo; content deemed reliable but not guaranteed.
Who The Drake Condo is best for.
Best for
- A buyer comfortable doing unit-level due diligence rather than leaning on a market trend chart
- A seller willing to price off direct comparables and allow time for the right buyer to surface
- An investor or owner who wants to confirm amenities and condition firsthand rather than by listing description
Probably not for
- A buyer who wants a well-established price trend before writing an offer
- A seller expecting a fast, competitive-bid sale based on recent comparable volume
- Anyone unwilling to independently verify building amenities before deciding
The market around The Drake Condo
The Drake Condo is too small for its own price trend, so here is the market around it.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
ZIP and county figures describe the wider market, not The Drake Condo specifically. Momentum Research analysis of MLS records.
The The Drake Condo buying strategy.
If we were buying in The Drake Condo today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in The Drake Condo.
A market with too little data to average
With one closing in the current window, there is not enough recent transaction history to build a reliable price trend or a typical days-on-market figure for the Drake. That is a real constraint, not a marketing gap: it means pricing and timing decisions here have to be grounded in unit-level detail — floor, view, condition, and how it stacks against whatever comparable sales do exist — rather than a building-wide average.
Current MLS listings for the Drake do not identify specific community amenities. That does not necessarily mean the building has none; it means the listing data itself is not surfacing that detail right now, so anyone evaluating the property should confirm amenities directly rather than assuming based on the listing sheet alone.
The location and the amenities are priced into every listing in The Drake Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a building's public data is this thin, the value of local, hands-on research goes up, not down. We pull actual comparable sales, verify amenity and condition details directly rather than relying on listing summaries, and price or structure offers off real information instead of averages that do not exist yet.
The Drake Condo in 15 seconds.
Tools for a The Drake Condo buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed The Drake Condo sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in The Drake Condo, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your The Drake Condo home worth?
Get a no-obligation home value based on real comparable sales in The Drake Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in The Drake Condo on the map →
Should you buy in The Drake Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: November 11, 2026) |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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See how THE DRAKE CONDO fits the bigger picture — live prices, inventory, and Momentum Scores: