NOT LISTED FOR SALE

Estimated Value: $205,956 - $355,000

-- Bed
1 Bath
506 Sq Ft
$543/Sq Ft Est. Value

Highlights

  • No HOA
  • South Facing Home
  • 3-minute walk to SoundScape Park

About This Home

As of October 2020

Large studio apartment in the heart of South Beach, featuring glass tile floor, stainless steel appliances and washer-dryer combo in the unit. Only a few steps from Lincoln Road and the beach. Perfect location. Avail from NOW!

Last Agent to Rent the Property

Cristina Belosi

SOBE International Realty License #3296188 Listed on: 09/30/2020

Last Renter's Agent

Sandra Debuire

Debuire International Realty License #3308158

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 1952

Home Design

  • 506 Sq Ft Home

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • 1 Full Bathroom
  • South Facing Home

Listing and Financial Details

  • Property Available on 10/1/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-223-0050

Community Details

Overview

  • No Home Owners Association
  • 1604 Drexel Condo
  • 1604 Drexel Condo Subdivision

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,255

Year Built

Built in 1952

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2020-10-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1952
  • Property Sub Type: Apartment
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Apartment
  • Subdivision Name: 1604 DREXEL CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Furnished: Unfurnished
  • Living Area: 506

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1604 DREXEL CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 02-32-34-223-0050
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 0000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2023
Sold by
Wm Group Investments Llc
Bought by
Pearson Global Llc
Current Estimated Value
$274,989

Purchase Details

Closed on
May 21, 2018
Sold by
Tse Real Estate Management Inc
Bought by
Wm Group Investments Llc

Purchase Details

Closed on
Jul 8, 2013
Sold by
950 Penn Llc
Bought by
Tse Real Estate Management Inc
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
Pearson Global Llc $215,000 None Listed On Document
Pearson Global Llc $215,000 None Listed On Document
Wm Group Investments Llc $157,500 Attorney
Tse Real Estate Management Inc $91,700 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2020 10/31/20 Rented $1,200 -4.0% --
10/20/2020 10/20/20 Under Contract -- -- --
09/30/2020 09/30/20 For Rent $1,250 -3.8% --
08/01/2019 08/01/19 Rented $1,300 -3.7% --
07/30/2019 07/30/19 Under Contract -- -- --
06/25/2019 06/25/19 For Rent $1,350 -- --
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 $3,255 $173,240 -- --
2024 $3,066 $173,240 -- --
2023 $3,066 $156,200 $0 $0
2022 $2,668 $142,000 $0 $0
2021 $2,549 $132,000 $0 $0
2020 $2,555 $132,000 $0 $0
2019 $2,558 $132,000 $0 $0
2018 $2,612 $138,915 $0 $0
2017 $2,939 $154,350 $0 $0
2016 $2,855 $147,000 $0 $0
2015 $2,912 $147,000 $0 $0
2014 $2,987 $147,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10935510

MIAMI REALTORS® MLS

APN: 02-3234-223-0050