1242 Drexel Ave

1242 Drexel Ave, Miami Beach, FL, 33139 |1218 Drexel Condominiums

Description

1242 Drexel Ave is located in Miami Beach, near the intersection of Collins Ave and 29th Street. This low-rise building stands 2 stories high and contains 9 condominium units. Built in 1925, the structure reflects a boutique style and has been well maintained over the years. Unit sizes range from 520 to 800 square feet, offering both 1 and 2-bedroom options. Prices for units vary from $320,000 to $335,000. The average closed price for units over the past year was $288,355, while prices per square foot averaged $450. Recently sold units went for as low as $256,710. On average, units spend about 111 days on the market. The building has a welcoming barbecue area for outdoor gatherings. Its garden and skyline views add a pleasant atmosphere to daily life. The location provides easy access to the Atlantic Ocean, enhancing the coastal living experience. Nearby, residents can enjoy dining at restaurants like Sugar Factory, Fruition, and Sushi Song. The building has a gated entrance and a secured layout. This ensures a sense of safety and comfort for residents. It features fresh paint and has a charming courtyard for relaxation. The property has reserves in place and low maintenance fees, which support long-term sustainability. Steps from Flamingo Park, the building is also close to Lincoln Rd and Espanola Way. This amounts to diverse shopping and entertainment options, complementing the seaside setting. The blend of amenities, location, and community makes this building a solid choice in South Beach.