1226 DREXEL AVE, Miami Beach, FL 33139

1226 DREXEL AVE, Miami Beach, FL 33139 is a multifamily 10 units plus : multifamily 3 or more units built in 1925 with 15,000 square feet of living space on a 7,500 square foot lot. The property is currently owned by URBAN BEACH XXII LLC C/O SENTINEL REAL ESTATE CORP, 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 2021-04-09 for $4,410,000, when BP 1226 LLC sold to URBAN BEACH XXII LLC. The property sold for $1,548,100 less than the prior sale of $5,958,100 on 2016-02-02. There are 3 recorded sales for this property.

The 2025 assessed value is $3,906,000 with a market value of $3,906,000. This breaks down to $1,800,000 for the land and $2,106,000 for the building. 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.

1226 DREXEL AVE, 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 89% of the most recent sale price. Based on the most recent sale, this property traded at $294 per square foot — a key metric for comparing value across Miami Beach's real estate market..