9 days on rocket

1218 Drexel Ave Unit 304, Miami Beach, FL, 33139

$300,000

Home List Price

$3,563*

Closing Credit

2 Bedrooms
2 Full Baths
629 SqFt
$477/SqFt
Condo

Location

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1218 Drexel Ave Unit 304, Miami Beach$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1925
HeatingElectric
CoolingCentral Air, Ceiling Fan(s)
ViewOther
MLS #A11691436
StatusActive

About 1218 Drexel Ave Unit 304

Live the South Beach lifestyle from the only renovated split floor plan for sale at Drexel Plaza. Enjoy bright, natural light, and stunning views of the historic city hall, 9 foot ceilings, new A/C, and hurricane impact windows. The kitchen includes stainless steel range with 4 burners, full size refrigerator/freezer, and dishwasher. Beautiful Spanish Saltillo tile throughout and off-white tile in bathrooms. Common area laundry room is conveniently located on the same floor. This prime location is 2.5 blocks from the ocean, 3.5 blocks from Flamingo Park, 4 blocks from Espanola Way restaurants, and near Lincoln Road shopping. Seller paid the most recent assessment in full. Roof maintained in 2022.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 629 SqFt

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 674-4000
  • Listing Agent: Brian Smith

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Other
  • Flooring Type: Other
  • Interior: Bedroom on Main Level, Split Bedrooms, Third Floor Entry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Courtyard, Fence

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 1218 Drexel Ave Unit 304
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Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $477/SqFt

HOA Fees:

  • Amount: $511
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1218 Drexel Ave Unit 304 vs Miami Beach

9 DAYS ON ROCKET

-92 Days

$300,000

-$304.5K Less

$477/SqFt

-$124 Less

KEY TAKEAWAY

This property is $304.5K less than the Median Sold Price and $124/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11691436

Listing Office:

  • Office Name: BHHS EWM Realty
  • Office Phone: (305) 674-4000
  • Listing Agent: Brian Smith

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,076

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-396369
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.19 miles

  • Public District Grades PK-5

school-card-donut-396370
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-396371
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,130. Residents of Miami Beach, FL typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1218 Drexel Ave Unit 304

What is the listing price of this property?

The listing price of 1218 Drexel Ave Unit 304 property is $300,000.

What type of property is this?

The property 1218 Drexel Ave Unit 304 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1218 Drexel Ave Unit 304 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1218 Drexel Ave Unit 304 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1218 Drexel Ave Unit 304 is 629 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1218 Drexel Ave Unit 304 is 1925.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391218 Drexel Ave Unit 304

This home is located at 1218 Drexel Ave Unit 304 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 629 square foot home was built in 1925. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $300,000.

In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. While the average time on the market in October 2024 was 101 days, the median list price was $604,583.

From Rocket Homes Real Estate and based on county public records data.

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