$131,000
SOLD SEP 15, 2021 RENTED JUL 1, 2024

1320 Drexel Ave Unit 203 Miami Beach, FL 33139

Flamingo Neighborhood
-- Bed
1 Bath
270 Sq Ft
$252/mo HOA Fee

Recently Sold

$485 Per Sq Ft

3% Below List Price

15 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Video Cameras
  • Furnished
  • Patio
  • 5-minute walk to Flamingo Park

About This Home

As of September 2021

Turn-Key studio in the heart of South Beach. Completely renovated.

Perfect Miami Beach pied-a-terre or rental unit. An opportunity to own a South Beach property for just $135K.

Walking distance from the famous sands of South Beach, Lincoln Road, Collins Ave, Ocean Drive, Espanola Way with their many bars and restaurants and right next to Flamingo Park; Everything you need! The apartment will be sold furnished, the building has a community laundry.

The Studio is currently rented (after no more than 2 weeks on the market) till the end of April 2022 for $1200/mo. to a reliable tenant.

Please contact the listing agent for a showings appointment.

Last Agent to Sell the Property

Arnaud Koszowski

Keller Williams Realty Miami Beach License #3360133 Listed on: 08/02/2021

Keller Williams Realty Miami Beach

Last Buyer's Agent

Karina Benzineb

One Sotheby's International Realty License #3411872

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,766

Year Built

  • Built in 1925 | Newly Remodeled

HOA Fees

  • $252 Monthly HOA Fees

Home Design

  • Garden Apartment

Interior Spaces

  • 270 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceramic Tile Flooring
  • Video Cameras
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

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

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-191-0110

Community Details

Overview

  • Low-Rise Condominium
  • Windsor Plaza Condo
  • Windsor Plaza Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Phone Entry
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,766

Year Built

Built in 1925 | Newly Remodeled

Lot Details

0

HOA Fees

$252 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: WINDSOR PLAZA CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 270
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Studio

Exterior Features

  • View: None
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WINDSOR PLAZA CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Phone Entry, TV Camera

Condo/Co-op/Association

  • Association Fee: 252
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-191-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 252

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Sep 15, 2021
Sold by
Sanchez Doris and Mitchell Doris Sanchez
Bought by
Bieler Michael Thomas
Seller's Agent
Arnaud Koszowski
Keller Williams Realty Miami Beach
Buyer's Agent
Karina Benzineb
One Sotheby's International Realty
List Price
$135,000
Sold Price
$131,000
Premium/Discount to List
-$4,000
-2.96%
Total Days on Market
15
Current Estimated Value
$205,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,769
Avg. Annual Appreciation
7.61%
Original Mortgage
$98,250
Outstanding Balance
$90,369
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$81,485

Purchase Details

Closed on
Jun 20, 2017
Sold by
Swani Adnan J
Bought by
Sanchez Doris

Purchase Details

Closed on
Feb 15, 2012
Sold by
Sanchez Doris
Bought by
Swani Adnan J

Purchase Details

Closed on
Dec 15, 2011
Sold by
Sanchez Doris
Bought by
Swani Adnan J

Purchase Details

Closed on
Mar 7, 2005
Sold by
Raspanti Osvaldo and Raspanti Monica
Bought by
Sanchez Doris

Purchase Details

Closed on
Jul 12, 1994
Sold by
Windsor Plaza Assoc
Bought by
Raspanti Osvaldo and Raspanti Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
8.52%
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 $131,000 Attorney
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Deed -- Attorney
Deed -- None Available
Warranty Deed $114,000 --
Deed $31,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,250 New Conventional
Previous Owner $35,000 Unknown
Previous Owner $25,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented $1,500 0.0% --
06/15/2024 06/15/24 Price Changed $1,500 -6.3% $6 / Sq Ft
06/05/2024 06/05/24 For Rent $1,600 0.0% --
09/15/2021 09/15/21 Sold $131,000 -3.0% $485 / Sq Ft
08/02/2021 08/02/21 For Sale $135,000 0.0% $500 / Sq Ft
04/30/2021 04/30/21 Rented $1,200 0.0% --
04/28/2021 04/28/21 For Rent $1,200 0.0% --
04/23/2021 04/23/21 Under Contract -- -- --
04/08/2021 04/08/21 For Rent $1,200 +20.0% --
06/01/2020 06/01/20 Rented $1,000 0.0% --
05/27/2020 05/27/20 Under Contract -- -- --
05/11/2020 05/11/20 Price Changed $1,000 -9.1% $4 / Sq Ft
04/27/2020 04/27/20 For Rent $1,100 +10.0% --
09/05/2018 09/05/18 Rented $1,000 0.0% --
09/03/2018 09/03/18 Under Contract -- -- --
08/28/2018 08/28/18 For Rent $1,000 0.0% --
08/31/2017 08/31/17 Rented $1,000 +5.3% --
08/17/2017 08/17/17 Under Contract -- -- --
08/10/2017 08/10/17 For Rent $950 0.0% --
04/01/2017 04/01/17 Rented $950 0.0% --
02/16/2017 02/16/17 Off Market $950 -- --
01/03/2017 01/03/17 Price Changed $950 -22.4% $4 / Sq Ft
12/26/2016 12/26/16 Price Changed $1,225 -2.0% $5 / Sq Ft
08/11/2016 08/11/16 For Rent $1,250 -- --
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 $2,190 $124,697 -- --
2023 $2,190 $113,361 $0 $0
2022 $1,936 $103,056 $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 $635 $70,449 $0 $0
2015 $647 $69,960 $0 $0
2014 $663 $69,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11079042

MIAMI REALTORS® MLS

APN: 02-4203-191-0110