Atlantic Luxury AdvisorsKeller Williams Realty Services

35 photos

1308 Drexel Ave #103

Miami Beach, FL 33139

$315,000
2
1
720 sq ft
1925
Condominium
$856/mo
211
Active

Listing courtesy of Miami Dreams Realty Inc.. Contact: [email protected].

About this home

Attention Investors, second home owners. Renovated 2 bedrooms apartment. Plenty of natural light, southern exposure. White ceramic tiles throughout, open-concept brand new breakfast quartz countertop in kitchen, new stainless steel appliances. All impact windows, new A/C, brand new custom California closets. Great location, only 2 blocks from the beach. Habana is a classic boutique building in the heart of the Art Deco neighborhood with style, charm and character. Steps from the iconic Ocean Drive, and the vibrant entertainment lifestyle that South Beach can offer, Lincoln Road Mall, Flamingo Park, chef's eateries, shops and more. Enjoy a serene interior tropical courtyard lounge for outdoor space. Laundry room, Amazon package locker, bike storage racks, FOB access. Building has reserves & passed 40/50 certification. Freshly Painted. Sold Unfurnished AS IS. Walk to Flamingo Park for all the amenities like pool, soccer fields, playground and more. Street Residential Zoned Parking. Call now for an appointment and more information! Tenant Occupied. Rented until May 2027. Buy and start making money. Please 24 hrs notice minimum for showing.

Virtual tour
What it costs to own
Estimated monthly payment
$3,071/mo
Principal and interest
$1,593
Property tax
$422
Homeowners insurance
$200
HOA
$856

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$5,065/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$856/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Habana, A Condo, The was built in 1925, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.