1340 DREXEL AVE 303, Miami Beach, FL 33139

Parcel: 0232341920170 · Residential · Condominium - Residential · Zoning: 4800

Assessed Value (2025)
$179,205

Property Details

Baths
1
Living Sqft
515
Year Built
1949
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$259,284
2007-02-01

Tax Assessment History

$179,205
Assessed (2025)
$202,193
Market Value
$179,205
Taxable Value
$3,648
Annual Tax
2024
$162,914
$202,193
2025
$179,205
$202,193
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $179,205 $202,193 $179,205 $3,648
2024 $162,914 $202,193 $162,914 $3,317

About 1340 DREXEL AVE 303, Miami Beach, FL 33139

1340 DREXEL AVE 303, Miami Beach, FL 33139 is a residential - total value : condominium - residential built in 1949 with 515 square feet of living space. The property is currently owned by RAFAEL OCHOA &W MARIA B VALDIVIESO, 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 2007-02-01 for $259,284. The 2025 assessed value is $179,205 with a market value of $202,193. The assessed value increased 10% from $162,914 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 303, 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 current assessed value represents 69% 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 $503 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

RAFAEL OCHOA &W MARIA B VALDIVIESO
12483 SW 119 PLAZA, MIAMI, FL, 33186
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,550 — $4,742
Flood $400 — $800
Property/Wind $2,150 — $3,942

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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