1342 Drexel Ave 105, Miami Beach, FL 33139 — MLS photo

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1342 Drexel Ave 105, Miami Beach, FL 33139

Active · Condominium

$325,000

1342 Drexel Ave 105, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
680 sq ft
$ / sq ft
$478/sq ft
Year built
1925
Lot size
—
HOA fee
$666
Annual tax
—

About this property

Welcome to this beautifully maintained 2-bedroom, 2-bathroom residence located at 1342 Drexel Avenue, in the heart of Miami Beach's iconic Art Deco District. Combining timeless architectural character with an unbeatable location, this charming home offers the perfect blend of historic elegance and coastal lifestyle. Filled with natural light, the residence features a functional layout with two spacious bedrooms and two full bathrooms, creating a comfortable living space for both full-time residents and seasonal owners. Original Art Deco details add character and charm, while large windows allow sunlight to flow throughout the home, creating a bright and inviting atmosphere.

Property location

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1342 Drexel Ave 105, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
680 sq ft

Exterior & Structure

Property type
Condominium
Year built
1925

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$666
County
Miami-Dade
MLS listing ID
A12030576
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,005

Cap rate
2.0%
Net yield
2.0%
Cash-on-cash return
-13.2%
Gross yield
7.8%
Mortgage payment
$1,541/mo
Down payment
$81,250
Loan amount
$243,750
Annual NOI
$6,432

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.