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Off market
  • $196,500

    1542 Drexel Ave APT 103, Miami Beach, FL 33139

    0beds
    1baths
    350sqft
    Apartment
    Built in 1925
    -- sqft lot
    $196,500 Zestimate®
    $561/sqft
    $1,787 Estimated rent

    Home value

    $196,500

    $179,000 - $216,000

    $1,787/mo

    Zestimate® history
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    $1,661/mo

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    What's special

    Behind the classic facade of this beautiful Spanish style building lies a renovated gem of a studio which offers immense character, comfort, and charm. Freshly painted one bedroom with open kitchen, plenty of natural light. Central A/C, laundry on site. It sits on a lovely tree-lined street, literally steps away from Lincoln Rd, Time Out Market, Espanola Way and the ocean. This 350SF has gorgeous hardwood floors and a modern/updated kitchen and bath with walk-in glass-enclosed shower. Used as a beach pad or primary residence. You'd be hard pressed to find something as perfectly suited to South Beach as this. A must see! Owner pays for administration and water. Renter is responsible for electrical bills. A fully furnished apartment. A perfect apartment for a single person. No pets are allowed. Residencial parking subscription discount. No smoking. Security deposit of 3,600$ paid upon moving day. An advance rent of $1,900 for the first month with is paid upon signing the lease. Application fee of $118 (takes 2-3 weeks for approval). Building security deposit refundable of $300.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    Heating
    • Forced air, Other
    Cooling
    • Other
    Features
    • Flooring: Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 350 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Stone, Stucco
    Details
    • Parcel number: 0232341360070

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • Roof: Other
    Condition
    • Year built: 1925

    Community & HOA

    Community
    • Features: On Site Laundry Available
    HOA
    • Has HOA: Yes
    • HOA fee: $225 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $561/sqft
    • Tax assessed value: $172,208
    • Annual tax amount: $3,231

    Price history

    DateEventPrice
    5/22/2026Listing removed$1,700$5/sqft
    Source: MIAMI #A12000472 Report a problem
    5/13/2026Price change$1,700-5.6%$5/sqft
    Source: MIAMI #A12000472 Report a problem
    5/2/2026Price change$1,800-2.7%$5/sqft
    Source: MIAMI #A12000472 Report a problem
    4/14/2026Listed for rent$1,850+2.8%$5/sqft
    Source: MIAMI #A12000472 Report a problem
    6/2/2025Listing removed$1,800$5/sqft
    Source: MIAMI #A11770982 Report a problem
    4/29/2025Price change$1,800-5.3%$5/sqft
    Source: MIAMI #A11770982 Report a problem
    4/7/2025Price change$1,900-5%$5/sqft
    Source: MIAMI #A11770982 Report a problem
    3/27/2025Listed for rent$2,000+8.1%$6/sqft
    Source: MIAMI #A11770982 Report a problem
    4/2/2024Listing removed--
    Source: MIAMI #A11538086 Report a problem
    2/22/2024Listed for rent$1,850+2.8%$5/sqft
    Source: MIAMI #A11538086 Report a problem
    4/4/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/22/2023Price change$1,800-5.3%$5/sqft
    Source: Zillow Rentals Report a problem
    2/28/2023Price change$1,900+2.4%$5/sqft
    Source: Zillow Rentals Report a problem
    2/22/2023Listed for rent$1,855+0.3%$5/sqft
    Source: Zillow Rentals Report a problem
    5/30/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    5/19/2022Price change$1,850-6.3%$5/sqft
    Source: Zillow Rental Network_1 #A11195283 Report a problem
    5/6/2022Price change$1,975+1.3%$6/sqft
    Source: Zillow Rental Network_1 #A11195283 Report a problem
    4/27/2022Listed for rent$1,950$6/sqft
    Source: Zillow Rental Network_1 #A11195283 Report a problem
    3/29/2022Sold$163,000-1.2%$466/sqft
    Source: MIAMI #A11138893 Report a problem
    2/6/2022Contingent$165,000$471/sqft
    Source: MIAMI #A11138893 Report a problem
    1/13/2022Listed for sale$165,000$471/sqft
    Source: MIAMI #A11138893 Report a problem
    1/3/2022Pending sale$165,000$471/sqft
    Source: MIAMI #A11138893 Report a problem
    12/22/2021Listed for sale$165,000$471/sqft
    Source: MIAMI #A11138893 Report a problem
    12/6/2021Listing removed--
    Source: MIAMI #A11082179 Report a problem
    12/5/2021Listed for sale$165,000-1.5%$471/sqft
    Source: MIAMI #A11082179 Report a problem
    2/6/2017Sold$167,500+13.2%$479/sqft
    Source: Public Record Report a problem
    2/22/2016Sold$148,000+74.1%$423/sqft
    Source: Public Record Report a problem
    10/1/2012Sold$85,000-37%$243/sqft
    Source: Public Record Report a problem
    2/24/2005Sold$135,000+70.9%$386/sqft
    Source: Public Record Report a problem
    6/5/2002Sold$79,000$226/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,231 +3.4%$172,208 +5.6%
    2024$3,124 +11.6%$163,020 +10%
    2023$2,801 +36.1%$148,200 +45.3%
    2022$2,058 +15%$101,970 +10%
    2021$1,790 -10.2%$92,700 -10%
    2020$1,994 -19.1%$103,000 -19%
    2019$2,465 +13.3%$127,200 +10%
    2018$2,175 $115,655 -15%
    2017$2,175 -16.1%$136,065 +4%
    2016$2,591 +34.6%$130,832 +59.1%
    2015$1,925 +9.2%$82,231 +10%
    2014$1,763 +0.1%$74,756 +10%
    2013$1,761 $67,960 -18.2%
    2012$1,761 +12.6%$83,061 +10%
    2011$1,563 -6.2%$75,510
    2010$1,666 -19.5%$75,510 -25%
    2009$2,071 -30.7%$100,680 -32%
    2007$2,987 +61%$148,060
    2006$1,856 --
    2005$1,856 -1.9%--
    2004$1,891 +53%--
    2003$1,236 --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $196,500
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    Estimated market value
    $196,500