Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 670 sq ft
- Flooring
- Hardwood, Wood
- Appliances
- Microwave, Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Interior features
- Bedroom On Main Level, First Floor Entry
Active · Condominium
$299,999
1308 Drexel Ave 311, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Living area
- 670 sq ft
- $ / sq ft
- $448/sq ft
- Year built
- 1925
- Lot size
- —
- HOA fee
- $796 Monthly
- Annual tax
- $3,970
About this property
A beautiful 1/1 set in a classic Art Deco building in the heart of South Beach. Just steps from Española Way, Lincoln Road, and the beach. The unit is bright and inviting, featuring wood floors, generous closet space, central A/C, and access to an on-site laundry facility.
Property location
Get Directions1308 Drexel Ave 311, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1925
- Stories
- 3
- Construction
- Block
- Exterior features
- Courtyard
- View
- Other
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- None
HOA, Community & Financials
- Association fee
- $796 Monthly
- Fee inclusions
- Common Areas
- Amenities
- Bike Storage, Laundry
- Security
- Complex Fenced
- Pets allowed
- Dogs Ok, Yes
- Annual tax
- $3,970
- Subdivision
- THE HABANA CONDO
- County
- Miami-Dade
- Days on market
- 137
- MLS listing ID
- A12031030
- Listing status
- Active
Virtual tour
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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
-$896
- Cap rate
- 2.1%
- Net yield
- 2.1%
- Cash-on-cash return
- -12.8%
- Gross yield
- 8.1%
- Mortgage payment
- $1,422/mo
- Down payment
- $75,000
- Loan amount
- $224,999
- Annual NOI
- $6,313
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.