NOT LISTED FOR SALE

1218 Drexel Ave Unit 105 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $246,806 - $288,000

1 Bed
1 Bath
635 Sq Ft
1925 Built

Sale Details

Date Sold: October 8, 2021

Last sale price $187,500 $295 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,795 / mo

92 Days on Market

Highlights

  • Marble Flooring
  • Patio
  • Intercom Access
  • High Impact Door
  • Laundry in Utility Room
  • Central Air

About This Home

As of October 2021

Beautiful and charming renovated Mediterranean jewel Condo in the heart of South Beach. Only Three Blocks from The Beach!!. Marble Throughout and granite counter tops. Impact Hurricane Windows. Central A/C. This Unit has a rare private outdoor patio area . Quiet and secured building. Intercom at Gate. Pets and Renting Allowed.

Last Agent to Sell the Property

Judy Gazzoni

Related General Realty, LLC. License #3026507 Listed on: 07/04/2021

Related General Realty, LLC.

Last Buyer's Agent

Brie Segota

MMLS Assoc.-Inactive Member License #3426470

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,248

Year Built

  • Built in 1925 | Remodeled

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Cluster Home
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 635 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Marble Flooring
  • Intercom Access
  • Laundry in Utility Room

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-162-0050

Community Details

Overview

  • 1218 Drexel Condo
  • 1218 Drexel Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry
  • Complex Is Fenced
  • High Impact Door

Additional Features

  • Laundry Facilities
  • Maintenance Expense $385

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,248

Year Built

Built in 1925 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Patio/Cluster
  • Directions: Drexel Avenue between 12 and 13 Street.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 1218 DREXEL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 635
  • Other Equipment: Intercom
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room, Kitchen Dining
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: None
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1218 Drexel Condo
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Common Area
  • Security: Complex Fenced, Phone Entry

Condo/Co-op/Association

  • Association Fee: 100
  • Amenities: Laundry, None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-162-0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3248

Multi Family

  • Maintenance Expense: 385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Sep 30, 2021
Sold by
Rodriguez Patricia
Bought by
Bridgemohan Mayanin
Seller's Agent
Judy Gazzoni
Related General Realty, LLC.
Buyer's Agent
Brie Segota
MMLS Assoc.-Inactive Member
List Price
$187,500
Sold Price
$187,500
Current Estimated Value
$259,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,935
Avg. Annual Appreciation
8.62%
Original Mortgage
$149,600
Outstanding Balance
$136,833
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$135,869

Purchase Details

Closed on
Sep 24, 2004
Sold by
Rodriguez Concepcion Armenia
Bought by
Rodriguez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Bridgemohan Mayanin $187,500 Superior Ttl & Abstract Svcs
Rodriguez Patricia $106,000 Quantum Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bridgemohan Mayanin $149,600
Previous Owner Rodriguez Patricia $95,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $187,500 0.0% $295 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/24/2021 09/24/21 Off Market $187,500 -- --
07/20/2021 07/20/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $187,500 0.0% $295 / Sq Ft
11/27/2019 11/27/19 Rented $1,250 -3.5% --
11/14/2019 11/14/19 Under Contract -- -- --
11/04/2019 11/04/19 Price Changed $1,295 -4.1% $2 / Sq Ft
11/04/2019 11/04/19 For Rent $1,350 0.0% --
10/28/2019 10/28/19 Under Contract -- -- --
10/12/2019 10/12/19 For Rent $1,350 0.0% --
04/18/2018 04/18/18 Rented $1,350 0.0% --
04/03/2018 04/03/18 For Rent $1,350 0.0% --
03/28/2018 03/28/18 Off Market $1,350 -- --
02/23/2018 02/23/18 Price Changed $1,350 0.0% $2 / Sq Ft
02/23/2018 02/23/18 For Rent $1,350 -3.6% --
02/21/2018 02/21/18 Under Contract -- -- --
01/09/2018 01/09/18 Price Changed $1,400 -3.4% $2 / Sq Ft
11/14/2017 11/14/17 For Rent $1,450 -3.3% --
05/04/2017 05/04/17 Rented $1,500 0.0% --
05/02/2017 05/02/17 Under Contract -- -- --
02/28/2017 02/28/17 For Rent $1,500 +3.4% --
01/08/2016 01/08/16 Rented $1,450 -3.3% --
12/09/2015 12/09/15 Under Contract -- -- --
11/13/2015 11/13/15 For Rent $1,500 -- --
Source: MIAMI REALTORS® MLS

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
2025 $3,830 $215,795 -- --
2024 $3,566 $196,178 -- --
2023 $3,566 $178,344 $0 $0
2022 $3,046 $162,131 $0 $0
2021 $3,194 $165,440 $0 $0
2020 $3,384 $176,000 $0 $0
2019 $3,067 $158,250 $0 $0
2018 $3,970 $211,142 $0 $0
2017 $4,145 $217,672 $0 $0
2016 $1,441 $114,774 $0 $0
2015 $1,458 $113,977 $0 $0
2014 $1,481 $113,073 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11066011

MIAMI REALTORS® MLS

APN: 02-4203-162-0050

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