1342 DREXEL AVE 207, Miami Beach, FL 33139

Parcel: 0242031650120 · Residential · Condominium - Residential · Zoning: 6100

Assessed Value (2025)
$124,514

Property Details

Beds
1
Baths
1
Living Sqft
410
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$120,000
2004-04-01
2
$185,000+54%
2014-06-12
CINDY TORRESDREAM2FUTUR LLC
3
$200,000+8%
2015-03-30
DREAM2FUTUR LLCSALVATORE VERCIGLIO

Tax Assessment History

$124,514
Assessed (2025)
$124,514
Market Value
$124,514
Taxable Value
$2,535
Annual Tax
2024
$150,596
$159,633
2025
$124,514
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $124,514 $124,514 $124,514 $2,535
2024 $150,596 $159,633 $150,596 $3,066

About 1342 DREXEL AVE 207, Miami Beach, FL 33139

1342 DREXEL AVE 207, Miami Beach, FL 33139 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1925 with 410 square feet of living space. The property is currently owned by SALVATORE VERCIGLIO, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2015-03-30 for $200,000, when DREAM2FUTUR LLC sold to SALVATORE VERCIGLIO. The property has appreciated $15,000 (8%) since the prior sale of $185,000 on 2014-06-12. There are 3 recorded sales for this property.

The 2025 assessed value is $124,514 with a market value of $124,514. The assessed value decreased 17% from $150,596 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.

1342 DREXEL AVE 207, 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 2004 to 2015, with 3 recorded transactions in the public record.

The current assessed value represents 62% 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 $488 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SALVATORE VERCIGLIO
1342 DREXEL AVE 207, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000

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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