NOT LISTED FOR SALE

1342 Drexel Ave Unit 203 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $169,000 - $169,659

1 Bed
1 Bath
460 Sq Ft
$350/mo HOA Fee

Last Sold December 18, 2024

Last sale price $167,000 $363 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,527/month

2 Days on Market

Highlights

  • Newly Remodeled
  • Breakfast Area or Nook
  • Views
  • Furnished
  • High Impact Windows
  • Card or Code Access

About This Home

As of December 2024

Great opportunity, 1 bedroom / 1 bath unit in Miami Beach, just 3 blocks away from the beach. Half a block away from public parking lot and street parking. Just one block away from Washington Ave where you find lots of shopping, entertainment, and parks/beach. This unit suffered water damage from adjacent units. The association will take care of all the repairs. Final unit finishes might be the responsibility of the buyer.

Last Listed By

Joel Valencia

Keller Williams Capital Realty License #3104992 Listed on: 11/20/2024

Keller Williams Capital Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1925 | Newly Remodeled

Lot Details

  • South Facing Home
  • Fenced

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 460 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

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

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-165-0080

Community Details

Overview

  • Low-Rise Condominium
  • Drexel Condo
  • 1342 Drexel Condo Subdivision

Amenities

  • Laundry Facilities
  • Lobby
  • Secure Lobby

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,913

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Condominium
  • Directions: FROM Washington Ave head WEST on 13th St. Then, turn right on Drexel. The building will be the left.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1342 DREXEL CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Interior Amenities: Lobby, First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Furnished, Partially Furnished
  • Living Area: 460
  • Possible Use: Investment
  • Stories: 3
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction, Slab Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Drexel Condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 350
  • Amenities: Laundry, Other
  • 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: 02-42-03-165-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Dec 20, 2024
Sold by
Janice R Resch Living Trust and Wilson Angel A
Bought by
Tsimafeyeu Ilya
Seller's Agent
Joel Valencia
Keller Williams Capital Realty
Buyer's Agent
Joel Valencia
Keller Williams Capital Realty
List Price
$169,000
Sold Price
$167,000
Premium/Discount to List
-$2,000
-1.18%
Total Days on Market
2
Views
21
Current Estimated Value
$169,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,165
Avg. Annual Appreciation
3.75%

Purchase Details

Listed on
Jul 13, 2015
Closed on
Sep 17, 2015
Sold by
Buck Darren and Buck Lainie
Bought by
Wilson Angel A
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC.
Buyer's Agent
Howard Chase
Howard Chase Real Estate, LLC
Sold Price
$1,600

Purchase Details

Listed on
Jun 11, 2013
Closed on
Sep 9, 2013
Sold by
Delmonico Rodney J
Bought by
Buck Darren and Buck Lainie
Seller's Agent
Oliver Davis
Live Work Play Miami Group, LLC.
Buyer's Agent
Claudia Lopez
One Sotheby's International Realty
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%
Original Mortgage
$122,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Cempellin John
Bought by
Delmonico Rodney J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tsimafeyeu Ilya $167,000 New Place Title
Tsimafeyeu Ilya $167,000 New Place Title
Wilson Angel A $250,000 Attorney
Buck Darren $175,000 Clear Title Services Inc
Delmonico Rodney J $202,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buck Darren $122,500
Previous Owner Demonico Rodney J $167,000
Previous Owner Delmonico Rodney J $161,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 Sold $167,000 -1.2% $363 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $169,000 0.0% $367 / Sq Ft
09/17/2015 09/17/15 Rented $1,600 -5.9% --
08/18/2015 08/18/15 Under Contract -- -- --
07/13/2015 07/13/15 For Rent $1,700 +9.7% --
04/20/2015 04/20/15 Rented $1,550 -6.1% --
03/21/2015 03/21/15 Under Contract -- -- --
03/20/2015 03/20/15 For Rent $1,650 0.0% --
09/30/2013 09/30/13 Sold $175,000 -2.8% $380 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
06/24/2013 06/24/13 Price Changed $180,000 -2.7% $391 / Sq Ft
06/11/2013 06/11/13 For Sale $185,000 0.0% $402 / Sq Ft
10/11/2012 10/11/12 Rented $1,200 0.0% --
09/11/2012 09/11/12 Under Contract -- -- --
09/06/2012 09/06/12 For Rent $1,200 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $2,824 $156,816 -- --
2023 $2,824 $142,560 $0 $0
2022 $2,435 $129,600 $0 $0
2021 $2,502 $129,600 $0 $0
2020 $2,788 $144,000 $0 $0
2019 $3,120 $161,000 $0 $0
2018 $3,028 $161,034 $0 $0
2017 $3,032 $158,158 $0 $0
2016 $2,793 $143,780 $0 $0
2015 $2,849 $143,780 $0 $0
2014 $2,656 $130,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11694410

MIAMI REALTORS® MLS

APN: 02-4203-165-0080