Atlantic Luxury Advisors
1542 Drexel Ave #105 photo 11542 Drexel Ave #105 photo 21542 Drexel Ave #105 photo 31542 Drexel Ave #105 photo 41542 Drexel Ave #105 photo 5

8 photos

1542 Drexel Ave #105

Miami Beach, FL 33139

$233,000
1
1
440 sq ft
1925
Condominium
$498/mo
86
Active

Listing courtesy of Novel Management, LLC. (Leonelly Rodriguez). Contact: [email protected].

About this home

Charming 1-bedroom, 1-bath apartment ideally located in the heart of South Beach! This bright and inviting residence at Miami Beach features a functional layout, abundant natural light, and a comfortable living space perfect for full-time living, vacation use, or investment. Situated just steps from world-famous beaches, Lincoln Road, restaurants, shopping, and nightlife, this property offers the ultimate Miami Beach lifestyle. Located in a well-maintained boutique building on desirable Drexel Avenue, residents enjoy easy access to parks, cafés, and entertainment while being tucked away on a quiet residential street. A fantastic opportunity to own in one of Miami Beach’s most sought-after neighborhoods!

What it costs to own
Estimated monthly payment
$2,114/mo
Principal and interest
$1,178
Property tax
$296
Homeowners insurance
$142
HOA
$498

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
$3,549/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.

HOA
$498/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

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.

Location

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.