$275,000
SOLD JUN 30, 2025

1218 Drexel Ave Unit 304 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
2 Baths
629 Sq Ft
$511/mo HOA Fee

Recently Sold

$437 Per Sq Ft

4% Below List Price

40 Days on Market

Highlights

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

About This Home

As of June 2025

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. OWNER MOTIVATED!

Last Agent to Sell the Property

Carlos Navas

Canvas Real Estate License #3299159 Listed on: 05/21/2025

Canvas Real Estate

Last Buyer's Agent

Jared Borlack

Opera REI Inc License #3582865

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
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • 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
  • Possible Use: Secondary
  • 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
  • Property Condition: Completely Renovated
  • 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

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

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Jun 17, 2025
Sold by
Dela Torre Arlene
Bought by
Schlesinger Brian
Seller's Agent
Carlos Navas
Canvas Real Estate
Buyer's Agent
Jared Borlack
Opera REI Inc
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.40%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Salvat Jorge
Bought by
Dela Torre Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1995
Sold by
Goldman Marc L and Rodriquez Edilberto And Laurie
Bought by
Savat Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.31%

Purchase Details

Closed on
Jul 6, 1994
Sold by
Goldman Marc L and Goldman Eris
Bought by
Goldman Marc L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $275,000 B2b Title, Llc
Warranty Deed $64,000 --
Quit Claim Deed $75,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Sold $275,000 -3.5% $437 / Sq Ft
05/21/2025 05/21/25 For Sale $285,000 0.0% $453 / 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

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
2025 $3,814 $214,803 -- --
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

Agents Affiliated with this Home

  • Carlos Navas

    Seller's Agent in 2025

    Carlos Navas

    Canvas Real Estate

    (954) 639-3303

    1 in this area

    83 Total Sales

    Carlos Navas
    Section Image

  • J

    Buyer's Agent in 2025

    Jared Borlack

    Opera REI Inc

    Section Image
  • Shelton Coats II

    Seller's Agent in 2022

    Shelton Coats II

    The Keyes Company

    (305) 878-7416

    20 Total Sales

    Shelton Coats II
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11804101

MIAMI REALTORS® MLS

APN: 02-4203-162-0180

Florida Miami/Dade County Miami Beach 33139 Flamingo

1218 Drexel Ave Unit 304, Miami Beach, FL

This home is located at 1218 Drexel Ave Unit 304, Miami Beach, FL 33139 and is currently priced at $275,000, approximately $437 per square foot. This property was built in 1925. 1218 Drexel Ave Unit 304 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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