1532 DREXEL AVE 402, Miami Beach, FL 33139

Parcel: 0232341390150 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$427,663

Property Details

Beds
2
Baths
2
Living Sqft
963
Year Built
2003
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$325,000
2009-05-29
PATRICK G SCHMIDDARIN S MARCHOK
2
$350,000+8%
2012-03-16
DARIN S MARCHOK1532 DREXEL HOLDING LLC
3
$510,000+46%
2017-04-13
1532 DREXEL HOLDING LLCOSCAR KHAW

Tax Assessment History

$427,663
Assessed (2025)
$481,000
Market Value
$427,663
Taxable Value
$8,707
Annual Tax
2024
$388,785
$481,000
2025
$427,663
$481,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $427,663 $481,000 $427,663 $8,707
2024 $388,785 $481,000 $388,785 $7,915

About 1532 DREXEL AVE 402, Miami Beach, FL 33139

1532 DREXEL AVE 402, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2003 with 963 square feet of living space. The property is currently owned by OSCAR KHAW IVONNE PENICHET, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-04-13 for $510,000, when 1532 DREXEL HOLDING LLC sold to OSCAR KHAW. The property has appreciated $160,000 (46%) since the prior sale of $350,000 on 2012-03-16. There are 3 recorded sales for this property.

The 2025 assessed value is $427,663 with a market value of $481,000. The assessed value increased 10% from $388,785 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.

1532 DREXEL AVE 402, 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 2009 to 2017, with 3 recorded transactions in the public record.

The current assessed value represents 84% of the most recent sale price. Based on the most recent sale, this property traded at $530 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

OSCAR KHAW IVONNE PENICHET
1532 DREXEL AVE 402, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,965 — $5,076
Flood $400 — $800
Property/Wind $2,565 — $4,276

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 →
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