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Condominium at 1250 Drexel Ave # 8, Miami Beach FL 33139Active
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Condominium
$189,000$386 / sqft

1250 Drexel Ave # 8, Miami Beach FL 33139

0
Bedrooms
1
Bathrooms
490 sqft
Interior
1939
Year built
$801 / mo
HOA
Condominium
Type

About this home

Warm light and palm tree shades coming through your window while enjoying an island life on this spacious Art Deco design. The unit features an open space kitchen and dining area separated from the living room by thoughtfully designed french doors adding not just character but also functionality to this amazing unit. The space can be easily split into 2 sleeping areas with both having separate access to the bathroom in case of hosting guests. It also benefits from 2 reach-in closets and a walk-in closet offering great storage space. Located on the second floor with only one neighbor in front, this unit offers privacy and tranquility. Enjoy the convenience of a shared laundry room and also permitted in unit washer and dryer. Schedule your tour today- the unit is a "must see " Bathroom recently remodeled, Roof was recently replaced.

Features

  • Second Floor Entry
  • No Additional Rooms
  • East Of Us1
  • Other View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,757

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$956
HOA
$801 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Julies Realty, LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.