$290,000
$5K PRICE DROP

1218 Drexel Ave Unit 304 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $2,448/month

Total Views 5,108
2 Beds
2 Baths
629 Sq Ft
$461 Price per Sq Ft

Highlights

  • Skyline View
  • Old Spanish Architecture
  • Card or Code Access
  • Vaulted Ceiling
  • High Impact Windows
  • Terrazzo Flooring

About This Home

BEST DEAL IN SOUTH BEACH! Historic Art Deco Condo in Prime Location! DREXEL PLAZA is a charming Historic Landmark Building built in 1925, this cozy 2/2 walk-up apt located on top floor has been beautifully updated boasting tall ceilings, split layout, lot of natural lights and classic mexican floors, blending timeless style with modern convenience. Recent upgrades include impact-resistant window, HVAC, water heater, bathrooms and appliances. HOA fees cover water, sewer, and pest control. Ideal for investors – rent right away up to 2 times per year (6+ months)! Enjoy the fun of walking to the Beach, Flamingo Park, Espanola Way, Lincoln Road Mall, Ocean Drive, shops, cafes, restaurants, theaters. Ideal for those seeking a blend of vibrant city living and beach-side relaxation.

Listing Agent

Carlos Navas

Canvas Real Estate License #3299159

Canvas Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,814

Year Built

  • Built in 1925

HOA Fees

  • $511 Monthly HOA Fees

Home Design

  • Old Spanish Architecture
  • Stucco Exterior

Interior Spaces

  • 629 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Skyline Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Northeast Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-162-0180

Community Details

Overview

  • 20 Units
  • Low-Rise Condominium
  • Drexel Condo
  • 1218 Drexel Condo,Drexel Condo Subdivision

Amenities

  • Laundry Facilities
  • Interior Hall

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,814

Year Built

Built in 1925

Lot Details

0

HOA Fees

$511 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Directions: USE GPS
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1218 DREXEL CONDO,DREXEL CONDO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, First Floor Entry, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 629
  • Stories: 3
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: East Of Us1
  • Construction Type: Concrete Block Construction, Stucco
  • Direction Faces: Northeast
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: DREXEL CONDO
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Card Entry

Condo/Co-op/Association

  • Association Fee: 511
  • Amenities: Laundry, None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-162-0180
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, HVAC, Lighting, Windows

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3814

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,571 $195,276 -- --
2023 $3,571 $177,524 $0 $0
2022 $3,032 $161,386 $0 $0
2021 $3,180 $164,680 $0 $0
2020 $3,365 $179,000 $0 $0
2019 $3,009 $155,250 $0 $0
2018 $3,776 $206,964 $0 $0
2017 $3,710 $179,392 $0 $0
2016 $3,594 $163,084 $0 $0
2015 $3,274 $148,259 $0 $0
2014 $3,085 $134,781 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $290,000 0.0% $461 / Sq Ft
04/09/2025 04/09/25 For Rent $2,845 0.0% --
01/17/2025 01/17/25 For Sale $295,000 0.0% $469 / Sq Ft
11/01/2022 11/01/22 Rented $3,000 +1.7% --
11/01/2022 11/01/22 Under Contract -- -- --
10/26/2022 10/26/22 For Rent $2,950 0.0% --
10/24/2022 10/24/22 Under Contract -- -- --
10/16/2022 10/16/22 For Rent $2,950 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $64,000 --
Quit Claim Deed $75,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $41,431 New Conventional
Open $75,000 Credit Line Revolving
Closed $51,200 New Conventional
Previous Owner $67,500 No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11724668

MIAMI REALTORS® MLS

APN: 02-4203-162-0180