As some of you may know, Drizzy Drake has a nice little spot in one of the higher floors of the Marquis (11th and Biscayne) in Downtown Miami. Its actually two condos combined into one to make one mega apartment that overlooks the heart of Miami. Well it turns out that Drake has taken to listing both condos and is trying to sell them….and…make a profit. So back in January of 2011, he bought a three bedroom 3,800-square-foot apartment forÂ $1,495,000 and a neighboring 1,675-square-foot apartment for $408,000. He tore down the walls and combine them into one unit.
And now, one year later, despite a faltering Real Estate market, Drake is asking $1.9 million for the three bedroom and $599,000 for the one bedroom. Nice.
Let’s see how this works out and how close he gets to that asking price because it may not happen unless he did some serious upgrades inside. Stay tuned to see if this is a permanent move out or if he’s locating to somewhere else in The305.