$214,356 - $218,000
RENTED JAN 25, 2025

1250 Drexel Ave Unit 7 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
510 Sq Ft
1939 Built

Last Sold May 08, 2012

Last sale price $135,000 $265 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,423/month

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Garden View
  • Formal Dining Room
  • 5-minute walk to Flamingo Park

About This Home

As of January 2025

Beautifully furnished Studio in Art Deco gated community, walking distance to the Ocean. Newer mattress in murphy bed, brand new sofa convertible bed, plus new kitchen table and chairs. Hardwood floors throughout are recently refinished and unit has been painted. Ready to move in! Bathroom is updated. Unit comes furnished with 2 dressers, great for storage plus 2 closets. Open to 3 month rental at $2300, paid upfront. 6 month lease OR 1 year lease. Laundry in basement of community. Street parking is available thru City Parking Permit, $69 a year. * pictures will be uploaded with new furniture soon *

Last Agent to Rent the Property

Jennifer Brough

Jennifer Homes Realty License #3280325 Listed on: 01/04/2025

Last Renter's Agent

Jennifer Brough

Jennifer Homes Realty License #3280325 Listed on: 01/04/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,050

Year Built

  • Built in 1939

Home Design

  • Garden Apartment
  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 510 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Home Security

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Porch
  • North Facing Home

Listing and Financial Details

  • Property Available on 1/4/25
  • 12 Months,Short Term Lease,Month To Month Lease Term
  • Assessor Parcel Number 02-32-34-095-0070

Community Details

Overview

  • No Home Owners Association
  • The Vintage East Condo
  • The Vintage East Condo,The Vintage East Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Impact Glass

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,050

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2025-01-04
  • Lease Term: 12 Months,Short Term Lease,Month To Month

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1939
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry, Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: THE VINTAGE EAST CONDO,The Vintage East
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Pantry
  • Full Bathrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 510
  • Stories: 1
  • Window Features: Blinds, Impact Glass
  • Dining Room Features: Formal Dining

Exterior Features

  • View: Garden
  • Direction Faces: North
  • Patio And Porch Features: Porch/Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE VINTAGE EAST CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Key Card Entry

Condo/Co-op/Association

  • Amenities: Laundry Facility, Maintained Community
  • Association: No

Lot Info

  • Parcel Number: 02-32-34-095-0070
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2012
Closed on
May 8, 2012
Sold by
Wiener David Andrew
Bought by
Palumbo Mark
Seller's Agent
Lily Noches
Charles Rutenberg Realty FTL
Buyer's Agent
Federico Olivieri
Interealty Exchange Inc
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$216,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,089
Avg. Annual Appreciation
3.58%
Original Mortgage
$101,000
Outstanding Balance
$70,831
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$145,258

Purchase Details

Closed on
Oct 25, 2005
Sold by
Mills William
Bought by
Wiener David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 11, 1996
Sold by
Miami Beach Vintage Prop Iii Ltd
Bought by
Mills William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
7.99%
Mortgage Type
New Conventional
Source: Public Records

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
Palumbo Mark $135,000 Market Title Llc
Wiener David A $195,000 --
Mills William $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palumbo Mark $101,000
Previous Owner Wiener David A $195,000
Previous Owner Mills William $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2025 01/25/25 Rented $2,100 0.0% --
01/23/2025 01/23/25 Under Contract -- -- --
01/21/2025 01/21/25 Price Changed $2,100 -8.7% $4 / Sq Ft
01/04/2025 01/04/25 For Rent $2,300 +21.1% --
03/01/2024 03/01/24 Rented $1,900 0.0% --
02/25/2024 02/25/24 Under Contract -- -- --
02/16/2024 02/16/24 For Rent $1,900 +35.7% --
07/08/2021 07/08/21 Rented $1,400 0.0% --
06/26/2021 06/26/21 Under Contract -- -- --
06/03/2021 06/03/21 For Rent $1,400 0.0% --
05/08/2012 05/08/12 Sold $135,000 0.0% $265 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $135,000 -- $265 / Sq Ft
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 $3,050 $171,600 -- --
2024 $2,789 $157,300 -- --
2023 $2,789 $143,000 $0 $0
2022 $2,443 $130,000 $0 $0
2021 $1,770 $132,600 $0 $0
2020 $1,777 $132,600 $0 $0
2019 $2,680 $179,090 $0 $0
2018 $2,533 $175,751 $0 $0
2017 $2,501 $172,137 $0 $0
2016 $2,487 $168,597 $0 $0
2015 $2,585 $116,270 $0 $0
2014 $2,148 $105,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Brough

    Landlord's Agent in 2025

    Jennifer Brough

    Jennifer Homes Realty

    (786) 231-4200

    9 in this area

    60 Total Sales

    Jennifer Brough
    Section Image
  • Yoana Rubio Otero

    Buyer's Agent in 2021

    Yoana Rubio Otero

    Real Estate Empire Group, Inc.

    (786) 307-4648

    19 Total Sales

    Yoana Rubio Otero
    Section Image

  • L

    Seller's Agent in 2012

    Lily Noches

    Charles Rutenberg Realty FTL

    (786) 406-5722

    1 in this area

    29 Total Sales

    Lily Noches
    Section Image
  • Federico Olivieri

    Buyer's Agent in 2012

    Federico Olivieri

    Interealty Exchange Inc

    (786) 717-4417

    1 in this area

    17 Total Sales

    Federico Olivieri
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11717532

MIAMI REALTORS® MLS

APN: 02-3234-095-0070

Florida Miami/Dade County Miami Beach 33139 Flamingo

1250 Drexel Ave Unit 7, Miami Beach, FL

This home is located at 1250 Drexel Ave Unit 7, Miami Beach, FL 33139 since 04 January 2025 and is currently priced at $216,089. This property was built in 1939. 1250 Drexel Ave Unit 7 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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