1242 DREXEL AVE 208, Miami Beach, FL 33139

Parcel: 0242031790140 · Residential · Condominium - Residential · Zoning: 6100

Assessed Value (2025)
$264,839

Property Details

Beds
2
Baths
1.5
Living Sqft
790
Year Built
1925
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$292,000
2005-05-01
2
N/Anon-market transfer
2017-05-03
ALBERT HOPKINS FEDERAL NATIONAL MORTGAGE ASSN
3
$295,000
2017-07-21
FANNIE MAENILTON NOGUEIRA

Tax Assessment History

$264,839
Assessed (2025)
$264,839
Market Value
$264,839
Taxable Value
$5,392
Annual Tax
2024
$271,630
2025
$264,839
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $264,839 $264,839 $264,839 $5,392
2024 $271,630 $271,630 $271,630 $5,530

About 1242 DREXEL AVE 208, Miami Beach, FL 33139

1242 DREXEL AVE 208, Miami Beach, FL 33139 is a 2-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1925 with 790 square feet of living space. The property is currently owned by NILTON NOGUEIRA, 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 2017-07-21 for $295,000, when FANNIE MAE sold to NILTON NOGUEIRA. There are 3 recorded sales for this property. The 2025 assessed value is $264,839 with a market value of $264,839.

The assessed value decreased 3% from $271,630 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. 1242 DREXEL AVE 208, 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 2005 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 90% of the most recent sale price.

Based on the most recent sale, this property traded at $373 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

NILTON NOGUEIRA
1242 DREXEL AVE 208, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,578 — $6,626
Flood $400 — $800
Property/Wind $3,178 — $5,826

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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