THE DRAKE CONDO
Homes for Sale in Miami Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
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.
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.
In ZIP 33139, 2 homes are on the market and 0% are under contract — a slower corner of Miami Beach.
Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).
Homes here are condominium.
ZIP and county figures describe the wider market, not THE DRAKE CONDO specifically. Momentum Research analysis of MLS records.
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 and pending THE DRAKE CONDO listings as of 2026-08-17, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2019 through 2026. Tap any home to ask about it.
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.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
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 →
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
12% of homes for sale in ZIP 33139 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-18).
Frequently Asked Questions
Do cash buyers compete in THE DRAKE CONDO?
Who is the best real estate agent for THE DRAKE CONDO?
How do I find a top Miami Beach real estate agent who knows THE DRAKE CONDO?
Can Momentum Realty connect me with an agent for THE DRAKE CONDO?
Should you buy in THE DRAKE CONDO?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2019 (14 transactions analyzed) |
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 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.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the miami member average and 8 days faster, and we’ll price yours against live your area comps.
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See how THE DRAKE CONDO fits the bigger picture — live prices, inventory, and Momentum Scores: