1340 DREXEL AVE 407, Miami Beach, FL 33139

1340 DREXEL AVE 407, 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 RETROUVE, 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 2021-02-26 for $225,000, when FL ISLAND 7006 LLC sold to RICHARD RETROUVE. The property has appreciated $224,834 (135442%) since the prior sale of $166 on 2015-05-20. There are 3 recorded sales for this property.

The 2025 assessed value is $251,275 with a market value of $251,275. The assessed value increased 9% from $229,900 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 407, 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 2012 to 2021, with 3 recorded transactions in the public record.

The current assessed value represents 112% of the most recent sale price. Based on the most recent sale, this property traded at $307 per square foot — a key metric for comparing value across Miami Beach's real estate market..