NOT LISTED FOR SALE

1320 Drexel Ave Unit 103 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $166,000 - $258,000

-- Bed
1 Bath
270 Sq Ft
1925 Built

Last Sold October 11, 2013

Last sale price $104,000 $385 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,274/month

44 Days on Market

Highlights

  • Furnished
  • Central Heating and Cooling System
  • 5-minute walk to Flamingo Park
  • Tile Flooring

About This Home

As of October 2013

*****BACK ON MARKET 7-31-2013****BEST OPPORTUNITY TO PURCHASE A PLACE IN SOUTH BEACH, USE THIS AS A SECOND HOME, INVESTMENT PROPERTY OR FULL TIME. DREXEL AVE. IS ONE OF THE CLOSEST STREETS TO THE BEACH, AND JUST A FEW BLOCKS TO LINCOLN RD! THIS UNIT WILL NOT LAST LONG! MAINTENANCE FEE'S 174 MONTHLY TAXES $1,300 PER A YEAR!

Last Listed By

Stuart Drossner

Drossner Realty, Inc. License #3061323 Listed on: 07/20/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,133

Year Built

  • Built in 1925

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Full Bathroom
  • 270 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-191-0101

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Windsor Plaza Condo

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,133

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 270
  • Possible Use: Unknown/Withheld
  • Stories: 3
  • Bedroom Features: Other

Exterior Features

  • View: None
  • Exterior Features: None, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WINDSOR PLAZA CONDO
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 174
  • Amenities: Other
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-03-191-0101
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 174

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Ventu Investments Llc
Bought by
Lopez Felipe and Bermudez Maria F
Total Days on Market
44
Current Estimated Value
$193,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Outstanding Balance
$85,975
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$107,612

Purchase Details

Listed on
Jul 20, 2013
Closed on
Oct 11, 2013
Sold by
1320 Drexel Llc
Bought by
Ventu Investments Llc
Seller's Agent
Stuart Drossner
Drossner Realty, Inc.
Buyer's Agent
Mariano Saavedra
London Foster Realty
List Price
$109,000
Sold Price
$104,000
Premium/Discount to List
-$5,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jul 13, 2013
Sold by
Johnsen Michael F and Johnsen Barbara S
Bought by
1320 Drexel Llc

Purchase Details

Closed on
Jun 17, 2003
Sold by
Lovely Scott
Bought by
Johnsen Michael F and Johnsen Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2002
Sold by
Silvia Zarandy I
Bought by
Lovely Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1994
Sold by
Windsor Plaza Assoc
Bought by
Zarandy Andres P and Zarandy Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,600
Interest Rate
8.53%

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
Lopez Felipe $140,000 American Title Trust
Ventu Investments Llc $104,000 Attorney
1320 Drexel Llc $72,000 None Available
Johnsen Michael F $62,000 Rapid Title Services Co
Lovely Scott $50,000 --
Zarandy Silvia -- --
Zarandy Andres P $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Felipe $90,250
Previous Owner Johnsen Michael F $49,600
Previous Owner Zarandy Silvia L $40,000
Previous Owner Zarandy Silvia L $36,000
Previous Owner Zarandy Silvia L $16,000
Previous Owner Zarandy Andres P $23,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $104,000 -4.6% $385 / Sq Ft
09/02/2013 09/02/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $109,000 +4.8% $404 / Sq Ft
07/20/2013 07/20/13 Off Market $104,000 -- --
07/19/2013 07/19/13 For Sale $109,000 -- $404 / 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
2024 $2,278 $132,633 -- --
2023 $2,278 $120,576 $0 $0
2022 $1,903 $100,320 $0 $0
2021 $1,761 $91,200 $0 $0
2020 $1,766 $91,200 $0 $0
2019 $1,860 $96,000 $0 $0
2018 $1,887 $100,357 $0 $0
2017 $1,820 $95,578 $0 $0
2016 $1,934 $99,560 $0 $0
2015 $2,140 $97,779 $0 $0
2014 $1,806 $88,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stuart Drossner

    Seller's Agent in 2013

    Stuart Drossner

    Drossner Realty, Inc.

    (305) 502-1717

    23 Total Sales

    Stuart Drossner
    Section Image
  • Mariano Saavedra

    Buyer's Agent in 2013

    Mariano Saavedra

    London Foster Realty

    (954) 274-1435

    3 Total Sales

    Mariano Saavedra
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1817044

MIAMI REALTORS® MLS

APN: 02-4203-191-0100

Florida Miami/Dade County Miami Beach 33139 Flamingo

1320 Drexel Ave Unit 103, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 1320 Drexel Ave Unit 103, Miami Beach, FL 33139 since 20 July 2013 and is currently estimated at $193,587, approximately $716 per square foot. This property was built in 1925. 1320 Drexel Ave Unit 103 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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