1340 DREXEL AVE 402, Miami Beach, FL 33139

Parcel: 0232341920160 · Residential · Condominium - Residential · Zoning: 4800

Assessed Value (2025)
$207,315

Property Details

Beds
1
Baths
1
Living Sqft
734
Year Built
1949
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$300,000
2007-03-01
2
$100non-market transfer
2018-10-18
RICHARD C WEBERRICHARD C WEBER TRS

Tax Assessment History

$207,315
Assessed (2025)
$251,275
Market Value
$207,315
Taxable Value
$4,221
Annual Tax
2024
$188,469
$251,275
2025
$207,315
$251,275
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $207,315 $251,275 $207,315 $4,221
2024 $188,469 $251,275 $188,469 $3,837

About 1340 DREXEL AVE 402, Miami Beach, FL 33139

1340 DREXEL AVE 402, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1949 with 734 square feet of living space. The property is currently owned by RICHARD C WEBER TRS RICHARD C WEBER TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-10-18 for $100, when RICHARD C WEBER sold to RICHARD C WEBER TRS. The property sold for $299,900 less than the prior sale of $300,000 on 2007-03-01. The 2025 assessed value is $207,315 with a market value of $251,275.

The assessed value increased 10% from $188,469 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 $50,945, and the median home value is $284,100. The population density is 16,037 people per square mile. 1340 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 2007 to 2018, with 2 recorded transactions in the public record..

Current Owner

RICHARD C WEBER TRS RICHARD C WEBER TR
48 HECK AVE, OCEAN GROVE, NJ, 07756
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,887 — $5,360
Flood $400 — $800
Property/Wind $2,487 — $4,560

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$50,945
Median Home Value$284,100
Pop. Density16,037/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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