1550 DREXEL AVE 204, Miami Beach, FL 33139

Parcel: 0232341110080 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$168,025

Property Details

Beds
1
Baths
1
Living Sqft
420
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$64,000
1999-11-01
2
$200,000+213%
2005-09-01
3
$214,900+7%
2024-07-23
IVETTE A BROWNPAUL MIKAEL COHEN
4
$214,900
2024-07-30

Tax Assessment History

$168,025
Assessed (2025)
$168,025
Market Value
$168,025
Taxable Value
$3,421
Annual Tax
2024
$151,250
$178,750
2025
$168,025
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $168,025 $168,025 $168,025 $3,421
2024 $151,250 $178,750 $151,250 $3,079

About 1550 DREXEL AVE 204, Miami Beach, FL 33139

1550 DREXEL AVE 204, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 420 square feet of living space. The property is currently owned by PAUL MIKAEL COHEN, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-07-30 for $214,900. There are 4 recorded sales for this property. The 2025 assessed value is $168,025 with a market value of $168,025.

The assessed value increased 11% from $151,250 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain). Flood insurance is typically required by lenders for properties in this zone.

The median household income in this area is $59,028, and the median home value is $601,500. The population density is 13,028 people per square mile. There are active mortgage liens totaling $157,954 recorded against this property.

1550 DREXEL AVE 204, Miami Beach, FL 33139 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1999 to 2024, with 4 recorded transactions in the public record.

The current assessed value represents 78% of the most recent sale price. Based on the most recent sale, this property traded at $512 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

PAUL MIKAEL COHEN
1550 DREXEL AVE 204, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,416 — $4,496
Flood $400 — $800
Property/Wind $2,016 — $3,696

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$59,028
Median Home Value$601,500
Pop. Density13,028/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$161,175
~$157,954 bal.
EMPORIUM TPO LLC · 2024-07-30
Est. Total Balance $157,954
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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