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$453,150Estimated home value

Beds
2
Baths
2.0
sq ft
952

1218 Drexel Ave Unit 208, Miami Beach, FL 33139

1218 Drexel Ave Unit 208

Miami Beach, FL 33139

  • Sold On 5/16/2022
Don’t let this AMAZING 2 story townhome style unit get away! Large, remodeled 2 bed/2 bath with assigned gated parking and only a short 3 min stroll to the Ocean. Building is literally a BEAUTIFUL piece of architecture! 1st floor features an open concept kitchen with stainless steel appliances, new oven and new flooring. Full bathroom and large sunny living area. 2nd Floor features 2 bedrooms, 1 full bathroom and own private entrance. Items included: dishwasher, washer/dryer, refrigerator and central AC. FANTASTIC LOCATION! in quiet and tranquil South Beach neighborhood. Steps from Lincoln Road Mall, Espanola Way, Flamingo park, shops, restaurants, groceries, more. Pet friendly. Ok to lease first year. This charming building has Reserves, passed its 40 yr. recertification and new roof 2021

Details

Property type

Condominium

Est. home value

$453,150

Lot size

Unknown

Price per sq ft

$389

Year built

1925

Annual property taxes

$4,534

HOA

Yes

Price History

03/04/2025
SEF

SEF #A11665076

Removed
$485,000
12/11/2024
SEF

SEF #A11665076

Price change
$485,000
-5.81%
09/24/2024
SEF

SEF #A11600006

Removed
$514,900
+3.19%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

20

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Lower Llc

Loan start date

November 2022

Original loan amount

$315,000

Est. remaining balance

$306,663

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Austin J Igein

Lender

Lower Llc

Loan start date

November 2022

Original loan amount

$315,000

Est. remaining balance

$306,663

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Austin J Igein

Lender

Lower Llc

Loan start date

November 2022

Original loan amount

$84,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Credit Line (Revolving), 30 year

Seller

Austin J Igein

Lender

Lower Llc

Loan start date

November 2022

Original loan amount

$84,000

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Credit Line (Revolving), 30 year

Seller

Austin J Igein

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 04/03/2025 at 7:10 AM

Listing updated: 03/29/2023 at 12:59 PM

Listed by: Sofia Smith, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11128500

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