The Drake
Condos for Sale in Miami Beach, FL

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.

MIAMI REALTORS sales records identify 13 homes in THE DRAKE Condo that have changed hands since 2015, built between 1937 and 1937 (median 1937), with a median living area of about 760 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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 Drake Condo is too small for its own price trend, so here is the market around it.

In ZIP 33139, 1,060 homes are on the market and 14% are under contract — a slower corner of Miami Beach.

Across Miami-Dade County, 15,314 homes are active and 3,367 pending (18% under contract).

In ZIP 33139 (Miami Beach), 697 homes closed in the last 12 months at a median of $800K ($765/sq ft), up 2.1% year over year, with a median 95 days on market. Right now 495 active and 79 pending listings — a buyer's market. See the live ZIP 33139 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not The Drake Condo specifically. Momentum Research analysis of MLS records.

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.

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.

Listings in this community report association dues of about $1,200 per month ($14,400 a year) — the median AssociationFee across 7 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.