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For sale
    • $245,000

    1340 Drexel Ave APT 406, Miami Beach, FL 33139

    0beds
    515sqft
    : 
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    Condominium
    Built in 1949
    -- sqft lot
    $239,500 Zestimate®
    $476/sqft
    $412/mo HOA

    What's special

    Very brightQuality cherry hardwood floorsNew central ac unitCentral acModern bath with shower
    C A S H O N L Y - This RARE “HEART OF SOUTH BEACH STUDIO GEM" is in a recently renovated Art Deco privately gated and secure modern complex. Quality cherry hardwood floors, stainless steel kitchen and appliances, central AC, modern bath with shower, private washer / dryer inside the unit. Close to the beach, the public pool and tennis courts and a gorgeously landscaped courtyard with greenery, a fountain, lounge chairs and tables to relax. Very bright and in excellent condition, new central AC unit. Landlord to pay in full any special assestment at closing. TENANT OCCUPIED @ $ 1800 PER MONTH.
    205 days
    |
    100
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Aldo Massaglia 786-556-9666,

    AG Real Estate Advisors, LLC

    Source: MIAMI,MLS#: A11932789MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Heat Pump/Reverse Cycle
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Ice Maker, Microwave, Other, Refrigerator, Washer
      Features
      • Flooring: Wood
      • Windows: Hurricane Shutters
      Interior area
      • Total structure area: 515
      • Total interior livable area: 515 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Entry location: Second Floor Entry
      • Exterior features: Exterior Cat Walk, Courtyard
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden
      Details
      • Parcel number: 0232341920240
      • Other equipment: Other, Intercom

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • CBS Construction, Other
      Condition
      • Year built: 1949

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Security: Smoke Detector, Complex Fenced, Phone Entry, TV Camera
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: Retreat Condo
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • HOA fee: $412 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $476/sqft
      • Tax assessed value: $202,193
      • Annual tax amount: $3,642
      • Date on market: 12/18/2025
      • Listing terms: Cash

        Estimated market value

        $239,500

        $228,000 - $251,000

        $1,989/mo

        Price history

        DateEventPrice
        3/13/2026Price change$245,000-3.9%$476/sqft
        Source: MIAMI #A11932789 Report a problem
        2/8/2026Price change$255,000-1.9%$495/sqft
        Source: MIAMI #A11932789 Report a problem
        1/20/2026Price change$260,000-1.9%$505/sqft
        Source: MIAMI #A11932789 Report a problem
        12/27/2025Listed for sale$265,000-8.3%$515/sqft
        Source: MIAMI #A11932789 Report a problem
        12/20/2025Listing removed$1,800$3/sqft
        Source: MIAMI #A11901292 Report a problem
        11/24/2025Price change$1,800-3.7%$3/sqft
        Source: MIAMI #A11901292 Report a problem
        11/15/2025Price change$1,870-6%$4/sqft
        Source: MIAMI #A11901292 Report a problem
        11/1/2025Listed for rent$1,990+4.7%$4/sqft
        Source: MIAMI #A11901292 Report a problem
        9/20/2025Listing removed$289,000$561/sqft
        Source: MIAMI #A11787154 Report a problem
        4/20/2025Listed for sale$289,000+57.1%$561/sqft
        Source: MIAMI #A11787154 Report a problem
        2/14/2025Listing removed$1,900$4/sqft
        Source: MIAMI #A11672559 Report a problem
        1/10/2025Listed for rent$1,900$4/sqft
        Source: MIAMI #A11672559 Report a problem
        12/22/2024Listing removed$1,900$4/sqft
        Source: MIAMI #A11672559 Report a problem
        12/13/2024Price change$1,900+2.7%$4/sqft
        Source: MIAMI #A11672559 Report a problem
        12/10/2024Price change$1,850-7%$4/sqft
        Source: MIAMI #A11672559 Report a problem
        11/15/2024Price change$1,990-7.4%$4/sqft
        Source: MIAMI #A11672559 Report a problem
        10/28/2024Price change$2,150-4.4%$4/sqft
        Source: MIAMI #A11672559 Report a problem
        10/7/2024Listed for rent$2,250-15.7%$4/sqft
        Source: MIAMI #A11672559 Report a problem
        3/2/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/26/2023Listed for rent$2,670+7.2%$5/sqft
        Source: Zillow Rentals Report a problem
        2/25/2023Listing removed--
        Source: MIAMI #A11344777 Report a problem
        2/23/2023Price change$2,490-6.7%$5/sqft
        Source: MIAMI #A11344777 Report a problem
        2/17/2023Listed for rent$2,670+27.8%$5/sqft
        Source: MIAMI #A11344777 Report a problem
        11/6/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        10/2/2022Listed for rent$2,090$4/sqft
        Source: Zillow Rental Network_1 #A11242333 Report a problem
        2/11/2022Sold$184,000+26.9%$357/sqft
        Source: MIAMI #A11131736 Report a problem
        3/27/2019Sold$145,000+38.1%$282/sqft
        Source: Public Record Report a problem
        8/26/2011Sold$105,000$204/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,793 +2.7%$202,193 +4.5%
        2024$3,692 +11.1%$193,402 +10%
        2023$3,322 +25.8%$175,820 +29.3%
        2022$2,641 +10.6%$135,960 +10%
        2021$2,386 -20.2%$123,600 -20%
        2020$2,991 -0.1%$154,500
        2019$2,994 +11.3%$154,500 +8%
        2018$2,690 $143,033 -0.4%
        2017$2,690 -5.4%$143,654 +10%
        2016$2,842 +4.4%$130,595 +10%
        2015$2,722 +24.1%$118,723 +10%
        2014$2,193 +29%$107,930 +30%
        2013$1,699 $83,020
        2012$1,699 -14%$83,020 -13%
        2011$1,975 -34.3%$95,430 -30%
        2010$3,008 -24.9%$136,330 -30%
        2009$4,006 -3.1%$194,750 -5%
        2007$4,136 $205,000
        Find assessor info on the county website

        Monthly payment

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        98 / 100
        Walker's Paradise
        57 / 100
        Good Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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