tomo logo

$300,000

Beds
2
Baths
2.0
sq ft
629

1218 Drexel Ave Unit 304, Miami Beach, FL 33139

1218 Drexel Ave Unit 304

Miami Beach, FL 33139

  • 7 days on market
    • Open house Nov 19
Live the South Beach lifestyle from the only renovated split floor plan for sale at Drexel Plaza. Enjoy bright, natural light, and stunning views of the historic city hall, 9 foot ceilings, new A/C, and hurricane impact windows. The kitchen includes stainless steel range with 4 burners, full size refrigerator/freezer, and dishwasher. Beautiful Spanish Saltillo tile throughout and off-white tile in bathrooms. Common area laundry room is conveniently located on the same floor. This prime location is 2.5 blocks from the ocean, 3.5 blocks from Flamingo Park, 4 blocks from Espanola Way restaurants, and near Lincoln Road shopping. Seller paid the most recent assessment in full. Roof maintained in 2022.

Details

Property type

Condominium

Est. home value

$298,371

Lot size

Unknown

Price per sq ft

$477

Year built

1925

Annual property taxes

$3,814

Monthly HOA fee

$511

Price History

11/11/2024
SEF

SEF #A11691436

Listed
$300,000
-3.23%
11/01/2024
SEF

SEF #A11663669

Removed
$310,000
10/18/2024
SEF

SEF #A11663669

Price change
$310,000
-0.8%

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Jpmorgan Chase Bank Na

Loan start date

August 2011

Original loan amount

$41,431

Est. remaining balance

$6,396

Interest rate

3.75%

Loan type

New Conventional, 15 year

Seller

Arlene De La Torre

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2011

Original loan amount

$41,431

Est. remaining balance

$6,396

Interest rate

3.75%

Loan type

New Conventional, 15 year

Seller

Arlene De La Torre

Lender

Home Savings Of America

Loan start date

July 1997

Original loan amount

$51,200

Est. remaining balance

Not provided

Interest rate

7.91%

Loan type

New Conventional

Seller

Arlene De La Torre

Lender

Home Savings Of America

Loan start date

July 1997

Original loan amount

$51,200

Est. remaining balance

Not provided

Interest rate

7.91%

Loan type

New Conventional

Seller

Arlene De La Torre

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?

Status: Active

Tomo last checked: 11/19/2024 at 2:25 AM

Listing updated: 11/18/2024 at 7:05 PM

Listed by: Brian Smith, BHHS EWM Realty Phone #: (305) 674-4000

MLS: SEF #A11691436

SEF logo

Recently listed in Miami Beach

$14,900,000|5 bd|4.5 ba|House

Explore top cities in Florida