1242 Drexel Ave
Miami Beach, FL 33139
2 bd 1 ba 740 sqft Built 1925 condo
Most recent sale
$335,000
Apr 24, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 24, 2024 | Sold | $335,000 | MiamiMLS |
| Mar 20, 2024 | Sold | $1,330,000 | Public Record |
| Mar 5, 2024 | Price changed | $359,000 | MiamiMLS |
| Feb 26, 2024 | Price changed | $369,000 | MiamiMLS |
| Jan 30, 2024 | Listed | $399,000 | MiamiMLS |
| Jul 1, 2023 | Listing removed | $2,850 | MiamiMLS |
| May 25, 2023 | Price changed (rent) | $2,850 | MiamiMLS |
| May 13, 2023 | Listed for rent | $2,900 | MiamiMLS |
| Jun 8, 2022 | Listing removed | $2,900 | MiamiMLS |
| May 3, 2022 | Listed for rent | $2,900 | MiamiMLS |
| Oct 8, 2021 | Sold | $295,000 | Public Record |
| Sep 1, 2021 | Listing removed | $309,000 | MiamiMLS |
| May 30, 2021 | Listing removed | $309,000 | MiamiMLS |
| May 24, 2021 | Relisted | $309,000 | MiamiMLS |
| May 4, 2021 | Listing removed | $309,000 | MiamiMLS |
| Feb 26, 2021 | Listed | $309,000 | MiamiMLS |
| Aug 30, 2020 | Listing removed | $1,925 | MiamiMLS |
| Jun 7, 2020 | Listing removed | $1,900 | MiamiMLS |
| Mar 29, 2020 | Listing removed | $1,925 | MiamiMLS |
| Nov 25, 2019 | Listing removed | $319,000 | MiamiMLS |
| Nov 8, 2018 | Listing removed | $1,925 | MiamiMLS |
| Oct 25, 2018 | Listed | $319,000 | MiamiMLS |
| Oct 8, 2018 | Listing removed | $1,925 | MiamiMLS |
| Oct 8, 2018 | Listed for rent | $1,925 | MiamiMLS |
| Sep 13, 2017 | Listed for rent | $1,950 | MiamiMLS |
| Aug 22, 2016 | Listing removed | $2,100 | MiamiMLS |
| Aug 4, 2016 | Listed for rent | $2,100 | MiamiMLS |
| Aug 3, 2016 | Listing removed | $2,100 | MiamiMLS |
| Jul 22, 2016 | Listed for rent | $2,100 | MiamiMLS |
| Sep 1, 2015 | Listing removed | $2,100 | MiamiMLS |
| Jul 20, 2015 | Listed for rent | $2,150 | MiamiMLS |
| Apr 13, 2015 | Listing removed | $2,200 | MiamiMLS |
| Sep 5, 2014 | Sold | $261,900 | MiamiMLS |
| Jun 8, 2014 | Price changed (rent) | $2,200 | MiamiMLS |
| Jun 2, 2014 | Sold | $261,900 | Public Record |
| May 27, 2014 | Listed for rent | $2,350 | MiamiMLS |
| Feb 5, 2014 | Listed | $285,000 | MiamiMLS |
| Feb 3, 2014 | Listing removed | $285,000 | MiamiMLS |
| Dec 31, 2013 | Price changed | $285,000 | MiamiMLS |
| Dec 17, 2013 | Listed | $299,000 | MiamiMLS |
| Jun 10, 2013 | Listing removed | $239,000 | MiamiMLS |
| Jun 5, 2013 | Price changed | $249,000 | MiamiMLS |
| May 20, 2013 | Price changed | $259,000 | MiamiMLS |
| May 18, 2013 | Price changed | $279,000 | MiamiMLS |
| Mar 26, 2013 | Listed | $300,000 | MiamiMLS |
| Jan 27, 2011 | Listing removed | $1,350 | MiamiMLS |
| Sep 28, 2010 | Listing removed | $1,400 | MiamiMLS |
| Sep 7, 2010 | Price changed (rent) | $1,400 | MiamiMLS |
| Aug 26, 2010 | Price changed | $180,000 | MiamiMLS |
| Aug 4, 2010 | Price changed | $199,000 | MiamiMLS |
| Jul 18, 2010 | Listed for rent | $2,000 | MiamiMLS |
| Jul 18, 2010 | Listed | $210,000 | MiamiMLS |
| Oct 9, 2009 | Sold | $265,500 | MiamiMLS |
| May 14, 2003 | Sold | $149,000 | Public Record |
| Aug 8, 1997 | Sold | $95,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $263,721 | — | $263,721 | $4,947 |
| 2024 | $263,721 | — | $263,721 | $4,960 |
| 2022 | $215,250 | — | $215,250 | $4,044 |
| 2021 | $205,000 | — | $205,000 | $3,958 |
| 2020 | $205,000 | — | $205,000 | $3,968 |
| 2019 | $209,000 | — | $209,000 | $4,050 |
| 2018 | $208,890 | — | $208,890 | $3,927 |
| 2017 | $208,890 | — | $208,890 | $3,977 |
| 2016 | — | — | $208,890 | $4,057 |
| 2015 | — | — | $208,890 | $4,138 |
| 2014 | — | — | $181,640 | $3,690 |
| 2013 | — | — | $142,714 | $3,212 |
| 2012 | — | — | $129,740 | $2,655 |
| 2011 | — | — | $129,740 | $2,685 |
| 2010 | — | — | $129,740 | $2,862 |
| 2009 | — | — | $162,180 | $3,336 |
| 2008 | — | — | $249,510 | $5,058 |
| 2007 | — | — | $249,510 | $5,033 |
Property facts
Year built
1925
Property type
condo
Stories
—
Beds
2
Baths
1
Living area
740 sqft
Lot size
—
ZIP code
33139
City
Miami Beach
Street
Drexel Ave
Coordinates
25.78375, -80.13325
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,369
Gross rental yield
4.90%
Implied cap rate
3.19%
Trend-extrapolated value
—
Frequently asked questions
When did 1242 Drexel Ave last sell?
1242 Drexel Ave most recently sold on Apr 24, 2024 for $335,000.
What is the current tax assessment for 1242 Drexel Ave?
The most recent total assessment for 1242 Drexel Ave (year 2025) is $263,721 with $4,947 in property tax.
How does 1242 Drexel Ave's assessment compare to its last sale price?
The current assessment is 21.3% below the last sale price of $335,000.
When was 1242 Drexel Ave built?
1242 Drexel Ave was built in 1925.
How does 1242 Drexel Ave compare to others on Drexel Ave?
We track 8 other properties on Drexel Ave. Browse the list under "Other properties on Drexel Ave" to compare beds, baths, and sale history.
What are the property facts for 1242 Drexel Ave?
1242 Drexel Ave is a 2 bed, 1 bath, 740 sqft condo.
Is 1242 Drexel Ave a flip candidate?
No — 1242 Drexel Ave does not appear in our flips dataset.
Is 1242 Drexel Ave a tax-appeal candidate?
No — 1242 Drexel Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.7%
2026 Q3
$2.66M
2026 Q4
$2.72M
ZIP 33139 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drexel Ave