tomo logo

$295,000

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

  • 74 days on market
Historic Art Deco Condo in Prime South Beach Location! 1218 Drexel Ave is a charming Historic Landmark Building built in 1925, this cozy 2/2 walk-up apt located on top floor has been beautifully updated boasting tall ceilings, split layout, lot of natural lights and classic mexican floors, blending timeless style with modern convenience. Recent upgrades include impact-resistant window, HVAC, water heater, bathrooms and appliances. Enjoy peace of mind with all assessments paid in full. HOA fees cover water, sewer, and pest control. Ideal for investors – rent right away! Enjoy the fun of walking to the Beach, Flamingo Park, Espanola Way, Lincoln Road Mall, Ocean Drive, shops, cafes, restaurants, theaters. Ideal for those seeking a blend of vibrant city living and beach-side relaxation

Details

Property type

Condominium

Est. home value

$298,371

Lot size

Unknown

Price per sq ft

$469

Year built

1925

Annual property taxes

$3,814

Monthly HOA fee

$511

Price History

02/24/2025
SEF

SEF #A11724668

Listed
$295,000
02/03/2025
SEF

SEF #A11724668

Pending
$295,000
01/17/2025
SEF

SEF #A11724668

Listed
$295,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Feinberg-Fisher K8

Middle school: 

Nautilus

High school: 

Miami Beach

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

Jpmorgan Chase Bank Na

Loan start date

August 2011

Original loan amount

$41,431

Est. remaining balance

$4,981

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

$4,981

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?

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Status: Active

Tomo last checked: 04/01/2025 at 9:00 PM

Listing updated: 03/31/2025 at 6:21 PM

Listed by: Carlos Navas, Canvas Real Estate Phone #: (954) 332-7121

MLS: SEF #A11724668

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