1550 DREXEL AVE 108, Miami Beach, FL 33139

1550 DREXEL AVE 108, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 540 square feet of living space. The property is currently owned by MALCOLM R GAGE JR, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-11-03 for $299,500. There are 4 recorded sales for this property. The 2025 assessed value is $193,255 with a market value of $193,255.

The assessed value decreased 6% from $205,590 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 $167,628 recorded against this property.

1550 DREXEL AVE 108, 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 2015 to 2022, with 4 recorded transactions in the public record.

The current assessed value represents 65% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $555 per square foot — a key metric for comparing value across Miami Beach's real estate market..