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Sold for $1,020,000
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  • $1,020,000

    1616 Drexel Ave APT 4, Miami Beach, FL 33139

    2beds
    1,063sqft
    Condominium
    Built in 1931
    -- sqft lot
    $999,000 Zestimate®
    $960/sqft
    $3,528 Estimated rent

    Home value

    $999,000

    $869,000 - $1.15M

    $3,528/mo

    Zestimate® history
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    What's special

    This rarely available gem is a top-floor corner unit featuring 2 bedrooms and 2 bathrooms, located in the heart of South Beach. Steps from Lincoln Rd & 2 blocks from the beach. What truly sets this home apart is its exclusive 1,000-sqft private rooftop terrace, perfect for entertaining guests (Rooftop is solely for the use of this unit, it is not a common area). This beautifully renovated unit with high ceilings & hardwood floors is flooded with natural light & views of the pool/lush garden. The separate dining room could be converted into a third bedroom. With only 4 units in the building, you'll experience a sense of exclusivity. This property truly feels like a private home while still providing the convenience of a condo. Don't miss this rare opportunity to own a one-of-a-kind retreat!

    Zillow last checked:

    Listing updated:

    Listed by:

    Charlotte Joncquiert 305-335-7606,

    London Foster Realty

    Bought with:

    Alejandro Tabosky, 3059980

    Brokers, LLC

    Source: MIAMI,MLS#: A11730354MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Washer
    Features
    • Volume Ceilings
    • Flooring: Parquet, Terrazzo, Wood
    • Doors: High Impact Doors
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Decorative
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 1,063
    • Total interior livable area: 1,063 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Entry location: Second Floor Entry
    • Patio & porch: Deck
    • Exterior features: Courtyard, Balcony, Other
    • Pool features: Association
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden, Pool
    Details
    • Parcel number: 0232342110040

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction
    Condition
    • Updated/Remodeled
    • Year built: 1931

    Community & HOA

    Community
    • Security: Fire Alarm, Smoke Detector, Complex Fenced
    • Application fee: $150
    • Pet fee: $0
    • Subdivision: San Sebastian Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Bike Storage, Pool
    • HOA fee: $899 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $960/sqft
    • Tax assessed value: $612,000
    • Annual tax amount: $6,004
    • Date on market: 1/22/2025
    • Listing terms: All Cash,Conventional,Cryptocurrency

    Price history

    DateEventPrice
    3/3/2025Sold$1,020,000-2.9%$960/sqft
    Source: MIAMI #A11730354 Report a problem
    2/11/2025Pending sale$1,050,000$988/sqft
    Source: MIAMI #A11730354 Report a problem
    1/28/2025Listed for sale$1,050,000+52.2%$988/sqft
    Source: MIAMI #A11730354 Report a problem
    11/13/2015Sold$690,000-12.1%$649/sqft
    Source: Public Record Report a problem
    5/27/2015Listed for sale$785,000-1.3%$738/sqft
    Source: Keller Williams - Miami Beach #A2109681 Report a problem
    3/28/2015Listing removed$795,000$748/sqft
    Source: Owner Report a problem
    12/28/2014Price change$795,000-6.5%$748/sqft
    Source: Owner Report a problem
    11/6/2014Listed for sale$850,000+41.7%$800/sqft
    Source: Owner Report a problem
    9/21/2009Sold$600,000-7.7%$564/sqft
    Source: Public Record Report a problem
    6/27/2009Listed for sale$650,000+4%$611/sqft
    Source: Gary Hennes, REALTORS #M1324340 Report a problem
    6/2/2008Sold$625,000-28.6%$588/sqft
    Source: Agent Provided Report a problem
    11/2/2004Sold$875,000$823/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,182 +3%$371,166 +2.9%
    2024$6,004 +2.8%$360,706 +3%
    2023$5,840 +4%$350,200 +3%
    2022$5,614 -14.3%$340,000 -10.6%
    2021$6,552 -32.4%$380,250 -29.7%
    2020$9,686 -0.1%$541,100 +0%
    2019$9,694 +3.1%$541,050
    2018$9,402 $541,050
    2017$9,402 -1.3%$541,050
    2016$9,526 +22.6%$541,050 +38%
    2015$7,770 +2.1%$392,180 +4.7%
    2014$7,608 -7%$374,460
    2013$8,185 $374,460 +4.2%
    2012$8,185 +4.2%$359,273 +10%
    2011$7,853 +19.9%$326,612 +10%
    2010$6,552 -15.1%$296,920 -28.6%
    2009$7,721 $415,600
    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $999,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $999,000