1218 DREXEL AVE 108, Miami Beach, FL 33139

Parcel: 0242031620080 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$176,689

Property Details

Beds
1
Baths
1
Living Sqft
476
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$77,500
2001-10-01
2
$61,006-21%
2011-01-27
JOSE L MUMBRUALEJANDRO RODRIGUEZ
3
$165,000+170%
2014-05-28
ALEJANDRO RODRIGUEZBLUE MARLIN INV INC

Tax Assessment History

$176,689
Assessed (2025)
$181,204
Market Value
$176,689
Taxable Value
$3,597
Annual Tax
2024
$160,627
$181,204
2025
$176,689
$181,204
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $176,689 $181,204 $176,689 $3,597
2024 $160,627 $181,204 $160,627 $3,270

About 1218 DREXEL AVE 108, Miami Beach, FL 33139

1218 DREXEL AVE 108, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 476 square feet of living space. The property is currently owned by BLUE MARLIN INV INC, 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 2014-05-28 for $165,000, when ALEJANDRO RODRIGUEZ sold to BLUE MARLIN INV INC. The property has appreciated $103,994 (170%) since the prior sale of $61,006 on 2011-01-27. There are 3 recorded sales for this property.

The 2025 assessed value is $176,689 with a market value of $181,204. The assessed value increased 10% from $160,627 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.

1218 DREXEL AVE 108, 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 2001 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 107% of the most recent sale price. Based on the most recent sale, this property traded at $347 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BLUE MARLIN INV INC
637 12 ST #8, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,520 — $4,687
Flood $400 — $800
Property/Wind $2,120 — $3,887

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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