2 months on rocket

1542 Drexel Ave Unit 107, Miami Beach, FL, 33139

$365,000

Home List Price

$4,334*

Closing Credit

1 Bedroom
1 Full Bath
530 SqFt
$689/SqFt
Condo

Location

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1542 Drexel Ave Unit 107, Miami Beach$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1925
HeatingCentral
CoolingCentral Air
ViewGarden, Other
MLS #A11663320
StatusActive

About 1542 Drexel Ave Unit 107

ATTENTION INVESTORS!!! Spectacular Condo in the heart of South Beach, Fully renovated with modern kitchen design, vinyl floors and brand new stainless steel appliances, The Ruskin Condo is a beautiful and historical Art Deco building, offers a convenient laundry facility on each floor. The building comes with a secured gate entry, a beautiful stone patio and a garden area. Conveniently located in between Espanola way, Lincoln Road and only two block from the beach

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 530 SqFt

Listing Office:

  • Office Name: Miami Realty Solution Group
  • Office Phone: (786) 361-7289
  • Listing Agent: Diego Gutierrez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Other, Patio

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 1542 Drexel Ave Unit 107
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $689/SqFt

HOA Fees:

  • Amount: $519
  • 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

1542 Drexel Ave Unit 107 vs Miami Beach

63 DAYS ON ROCKET

-38 Days

$365,000

-$239.5K Less

$689/SqFt

+$88 More

KEY TAKEAWAY

This property is $239.5K less than the Median Sold Price and $88/SqFt more 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: #A11663320

Listing Office:

  • Office Name: Miami Realty Solution Group
  • Office Phone: (786) 361-7289
  • Listing Agent: Diego Gutierrez

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: 11/22/2024, 10:20:48 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

$2,408

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-748326
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-748327
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-748328
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.78 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,178. The majority of Miami Beach, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1542 Drexel Ave Unit 107

What is the listing price of this property?

The listing price of 1542 Drexel Ave Unit 107 property is $365,000.

What type of property is this?

The property 1542 Drexel Ave Unit 107 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1542 Drexel Ave Unit 107 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1542 Drexel Ave Unit 107 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1542 Drexel Ave Unit 107 is 530 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1542 Drexel Ave Unit 107 is 1925.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391542 Drexel Ave Unit 107

This home is located at 1542 Drexel Ave Unit 107 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 530 square foot home was built in 1925. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $365,000.

Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. The number of listings in Miami Beach, FL increased by 15.1% between September 2024 and October 2024. 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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