NOT LISTED FOR SALE

1550 Drexel Ave Unit 208 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $241,000 - $257,000

1 Bed
1 Bath
550 Sq Ft
$670/mo HOA Fee

Last Sold June 07, 2024

Last sale price $245,000 $445 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,330/month

34 Days on Market

Highlights

  • Garden View
  • Central Heating and Cooling System
  • 4-minute walk to SoundScape Park
  • Tile Flooring

About This Home

As of June 2024

Look no further ! Live in the heart of Miami Beach. This 1 bedroom 1 bath condo is extremely centric close to Lincoln Ave, Espanola Way, South Beach, with shopping, food and entertain a short walk away. Updated Kitchen and Bathroom.

Last Agent to Sell the Property

Maria Hernandez

LoKation License #3425476 Listed on: 05/03/2024

Last Buyer's Agent

Adolfo Oliveira

MMLS Assoc.-Inactive Member License #3363932

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 1925

HOA Fees

  • $670 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 550 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-111-0160

Community Details

Overview

  • Ohio Apartment Bldg Condo
  • Ohio Apartment Bldg Condo Subdivision

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,777

Year Built

Built in 1925

Lot Details

0

HOA Fees

$670 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OHIO APARTMENT BLDG CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 550
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: None

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OHIO APARTMENT BLDG CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 670
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 02-32-34-111-0160
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 7, 2024
Sold by
Dgamma Re Llc
Bought by
Ferreira Maybeth Lino
Seller's Agent
Maria Hernandez
LoKation
Buyer's Agent
Adolfo Oliveira
MMLS Assoc.-Inactive Member
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%
Views
8
Current Estimated Value
$251,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,036
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Feb 6, 2023
Sold by
Cleary Michael J
Bought by
Dgamma Re Llc

Purchase Details

Closed on
Apr 20, 2007
Sold by
Goldmine Properties Inc
Bought by
Cleary Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 19, 2003
Sold by
Ekstein Jacob S
Bought by
Goldmine Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 3, 1998
Sold by
Drexel Ltd
Bought by
Ekstein Jacob S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,650
Interest Rate
7.07%
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
Ferreira Maybeth Lino $245,000 Nationwide Title Group
Dgamma Re Llc $81,700 --
Cleary Michael J $240,000 Souhtern Financial Title Ser
Goldmine Properties Inc $110,000 Southern Financial Title Ser
Ekstein Jacob S $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cleary Michael J $150,000
Previous Owner Goldmine Properties Inc $35,000
Previous Owner Goldmine Properties Inc $75,000
Previous Owner Ekstein Jacob S $95,000
Previous Owner Ekstein Jacob S $50,000
Previous Owner Ekstein Jacob S $25,000
Previous Owner Ekstein Jacob $25,000
Previous Owner Ekstein Jacob S $61,650
Closed Goldmine Properties Inc $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $245,000 -5.8% $445 / Sq Ft
05/03/2024 05/03/24 For Sale $260,000 -- $473 / 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 $3,863 $149,111 -- --
2024 $3,614 $205,590 -- --
2023 $3,614 $169,400 $0 $0
2022 $2,894 $154,000 $0 $0
2021 $2,783 $141,790 $0 $0
2020 $2,495 $128,900 $0 $0
2019 $2,498 $128,900 $0 $0
2018 $3,030 $161,154 $0 $0
2017 $3,150 $156,927 $0 $0
2016 $3,045 $142,661 $0 $0
2015 $2,724 $129,692 $0 $0
2014 $2,543 $117,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Maria Hernandez

    LoKation Real Estate

    (305) 662-7325

    1 in this area

    28 Total Sales

    Maria Hernandez
    Section Image

  • A

    Buyer's Agent in 2024

    Adolfo Oliveira

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11580925

MIAMI REALTORS® MLS

APN: 02-3234-111-0160

Florida Miami/Dade County Miami Beach 33139 Flamingo

1550 Drexel Ave Unit 208, Miami Beach, FL

This home is located at 1550 Drexel Ave Unit 208, Miami Beach, FL 33139 since 03 May 2024 and is currently estimated at $251,036, approximately $456 per square foot. This property was built in 1925. 1550 Drexel Ave Unit 208 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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