1542 Drexel Avenue

1542 Drexel Avenue is a condo located in Flamingo - Lummus, Miami Beach.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Both dogs and cats are allowed in the building! There are 7 closings on record, of which we have matching data for 2 listings. In the past 3 years, a listing in this building will typically remain on the market for about 86 days and tend to sell below the original asking price of $175,000 by 4.29%. Meaning, listings tend to sell at a median of $337 price per square foot. The transaction that took the longest to complete was unit 101, listed on Apr 25, 2019 for $175,000. This particular unit ultimately sold 96 days later for $170,000. The most recent transaction was for unit 206, sold for $185,000 on Oct 15, 2021. Fun fact, the oldest transaction we have on record took place on Aug 22, 2006. See the full transaction history for 1542 Drexel Avenue below.

Flamingo - Lummus, where 1542 Drexel Avenue is located, has a median asking price of $295,000 for condo buildings. Meanwhile, the building itself has a median asking price of $175,000. For interested buyers, that means the building's median asking price is around 0.41% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $269,000. It is a 530 sqft 1-bedroom and 1-bathroom unit.