$318,000
SOLD NOV 4, 2024

1320 Drexel Ave Unit 306 Miami Beach, FL 33139

Flamingo Neighborhood
2 Beds
2 Baths
580 Sq Ft
$617/mo HOA Fee

Recently Sold

$548 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • Two Primary Bathrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Vaulted Ceiling
  • High Impact Windows
  • 5-minute walk to Flamingo Park

About This Home

As of November 2024

Beautifully remodeled South Beach top-floor condo 2 bed/2 bath split floor plan in Historic Art Deco building. Turnkey unit with brand-new kitchen with granite countertops and waterfall, modern SS appliances, new ceramic tile flooring and newly remodeled bathrooms, all within a bright and inviting living area with new impact windows.
Ideally located: only 2 blocks from the beach and Española Way with plenty of dining options. Fully remodeled building in 2024 with new roof, stucco, paint, and renovated lobby and hallways. Very well-maintained, with secured gated access. Building has plenty of reserves and passed both 40 and 50-year certifications.
This property is a fantastic opportunity offering a peaceful neighborhood just 2 minutes from the beach at an excellent price.

Last Agent to Sell the Property

Matthieu Mamoudi

London Foster Realty License #703885 Listed on: 09/05/2024

London Foster Realty

Last Buyer's Agent

Carly Furr

Compass Florida, LLC License #3509975

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1925 | Remodeled

HOA Fees

  • $617 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 580 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Open Floorplan
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Parking

  • On-Street Parking
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Lighting

Additional Features

  • Courtyard
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-191-0200

Community Details

Overview

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

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Complex Is Fenced
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,358

Year Built

Built in 1925 | Remodeled

Lot Details

0

HOA Fees

$617 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: WINDSOR PLAZA CONDO
  • Year Built Details: Newly Updated/Renovated
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Third Floor Entry, Split Bedroom, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 580
  • Other Equipment: Natural Gas
  • Possible Use: Primary
  • Stories: 3
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Family/Dining Combination
  • Master Bathroom Features: 2 Primary Bathrooms, Combination Tub & Shower

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced

Condo/Co-op/Association

  • Association Fee: 617
  • Amenities: Laundry, Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-191-0200
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Lighting

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3358

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 23, 2024
Sold by
Rei Advisor Group Llc
Bought by
Drake Mondrianh
Seller's Agent
Matthieu Mamoudi
London Foster Realty
Buyer's Agent
Carly Furr
Compass Florida, LLC
List Price
$337,000
Sold Price
$318,000
Premium/Discount to List
-$19,000
-5.64%
Views
11
Current Estimated Value
$308,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,573
Avg. Annual Appreciation
-3.57%
Original Mortgage
$50,000
Outstanding Balance
$49,550
Interest Rate
6.08%
Estimated Equity
$258,877

Purchase Details

Listed on
May 10, 2024
Closed on
Jun 25, 2024
Sold by
Salka Lahbichi
Bought by
Rei Advisor Group Llc
Seller's Agent
Zhanna Block
The Agency Florida LLC
Buyer's Agent
Matthieu Mamoudi
London Foster Realty
List Price
$220,000
Sold Price
$220,000
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
178.26%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Rozelle Michael
Bought by
Goumri Abderrahim

Purchase Details

Closed on
Sep 10, 2004
Sold by
Warren Donald B
Bought by
Rozelle Michael

Purchase Details

Closed on
Jan 18, 2002
Sold by
Marc W Giancola I
Bought by
Peterson Richard M and Rozelle Michael D

Purchase Details

Closed on
Jun 29, 1994
Sold by
Windsor Plaza Assoc Ltd
Bought by
Giancola Marc W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
8.51%
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 Type Sale Price Title Company
Warranty Deed $318,000 Ads Title
Warranty Deed $318,000 Ads Title
Warranty Deed $318,000 Ads Title
Warranty Deed $220,000 Ititle Llc
Warranty Deed $125,000 San Carlos Title Services In
Warranty Deed $5,000 --
Warranty Deed $86,000 --
Deed $77,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 No Value Available
Closed $50,000 No Value Available
Open $223,750 New Conventional
Closed $223,750 New Conventional
Previous Owner $62,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $318,000 -5.6% $548 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $337,000 +53.2% $581 / Sq Ft
06/26/2024 06/26/24 Sold $220,000 0.0% $379 / Sq Ft
05/10/2024 05/10/24 For Sale $220,000 0.0% $379 / Sq Ft
10/06/2020 10/06/20 Rented $1,450 -3.3% --
08/17/2020 08/17/20 For Rent $1,500 -3.2% --
01/20/2020 01/20/20 Rented $1,550 +1.6% --
12/27/2019 12/27/19 Under Contract -- -- --
12/11/2019 12/11/19 Price Changed $1,525 -1.6% $3 / Sq Ft
11/18/2019 11/18/19 Price Changed $1,550 -3.1% $3 / Sq Ft
11/08/2019 11/08/19 For Rent $1,600 +3.2% --
10/15/2018 10/15/18 Rented $1,550 0.0% --
10/12/2018 10/12/18 Under Contract -- -- --
09/26/2018 09/26/18 Price Changed $1,550 -3.1% $3 / Sq Ft
09/06/2018 09/06/18 Price Changed $1,600 -3.0% $3 / Sq Ft
08/28/2018 08/28/18 For Rent $1,650 -- --
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 $3,606 $248,572 -- --
2024 $3,358 $183,620 -- --
2023 $3,358 $166,928 $0 $0
2022 $2,851 $151,753 $0 $0
2021 $2,990 $154,850 $0 $0
2020 $3,156 $163,000 $0 $0
2019 $3,236 $167,000 $0 $0
2018 $3,333 $182,030 $0 $0
2017 $3,125 $158,736 $0 $0
2016 $3,097 $144,306 $0 $0
2015 $2,770 $131,188 $0 $0
2014 $2,639 $119,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11653945

MIAMI REALTORS® MLS

APN: 02-4203-191-0200