1218 DREXEL AVE 204, Miami Beach, FL 33139

Parcel: 0242031620120 · Residential · Condominium - Residential · Zoning: 3900

Assessed Value (2025)
$212,469

Property Details

Beds
2
Baths
2
Living Sqft
626
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$225,000
2012-09-27
SOBE INVESTMENTS & HOLDINGS LLCCELINE PIGEON
2
$100non-market transfer
2014-07-18
CELINE PIGEONEVAROMINVEST LLC
3
$265,000
2015-01-15
EVAROMINVEST LLCPARADISE SUITES LLC

Tax Assessment History

$212,469
Assessed (2025)
$217,898
Market Value
$212,469
Taxable Value
$4,326
Annual Tax
2024
$193,154
$217,898
2025
$212,469
$217,898
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $212,469 $217,898 $212,469 $4,326
2024 $193,154 $217,898 $193,154 $3,932

About 1218 DREXEL AVE 204, Miami Beach, FL 33139

1218 DREXEL AVE 204, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1925 with 626 square feet of living space. The property is currently owned by PARADISE SUITES LLC, 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 2015-01-15 for $265,000, when EVAROMINVEST LLC sold to PARADISE SUITES LLC. The property has appreciated $264,900 (264900%) since the prior sale of $100 on 2014-07-18. There are 3 recorded sales for this property.

The 2025 assessed value is $212,469 with a market value of $217,898. The assessed value increased 10% from $193,154 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 204, 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 2015, with 3 recorded transactions in the public record.

The current assessed value represents 80% of the most recent sale price. Based on the most recent sale, this property traded at $423 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

PARADISE SUITES LLC
919 W 39 ST, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$2,949 — $5,474
Flood $400 — $800
Property/Wind $2,549 — $4,674

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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