1342 Drexel Ave · Miami Beach, FL 33139 · South Beach

1342 Drexel

3-story low-rise, completed 1925, 19 residences in South Beach. 2 for sale on Nov 2, 2026.

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At a glance 1342 Drexel (1342 Drexel Ave, South Beach) is a 3-story, 19-unit building completed in 1925. As of Nov 2, 2026, 2 units are for sale and none for rent; the median rent was $2,000 a month over 3 leases in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
2
For rent
0
Median rent
$2,000/mo3 leases · 24 mo
Sales on record
4since 2021
Built
1925
Floors
3
Residences
19county
Flood zone
AEFEMA
Owner-occupied
37%
Avg. unit
621sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at 1342 Drexel.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The read on 1342 Drexel.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Dec 18, 2024; 4 sales are on record since 2021.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

1342 Drexel is a low-rise condominium of three floors at 1342 Drexel Ave in South Beach, built in 1925. County folio records count 19 residences, averaging 621 SF of living area.

Two units were for sale on November 2, 2026, asking $325K to $330K ($478 to $485/SF). No sale closed between November 2, 2025 and November 2, 2026; one closed in the 12 months before.

One lease was signed over the same 12 months, at $2,000 a month.

County records show 37% of residences as owner-occupied.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1342 Drexel Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1925
Floors
3
Residences (county-verified)
19
Owner-occupied
37% of residences
Avg. unit size
621 sq ft
Total living area
11,800 sq ft
County condo folios
19
Recorded MLS listings
20

The numbers at 1342 Drexel.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2021 to 2026. Count in the tooltip.

$195$389$3082021$3892022$3632024$195$389$3082021$3892022$3632024

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2025––3$2,000/mo
20241$363*2$2,525/mo*
2023––1$1,800/mo*
20222$389*1$1,650/mo*
20211$308*1$1,250/mo*
2020––4$1,573/mo
2019––1$1,750/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 4 sales · 13 leases on record since 2021

Closed sales Nov 2, 2024 to Nov 2, 2026 · 1

UnitBDBASFAskedClosed$/SFClose dateDOM
20311460$169,000$167,000$363Dec 18, 20242

Leases signed Nov 2, 2025 to Nov 2, 2026 · 1

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
30101490$2,000/mo$2,000/mo$4.08Nov 3, 202522

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on 1342 Drexel.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1955

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1925 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around 1342 Drexel

5 more nearby

Smaller buildings close by: The Santa Barbara (220 m) · 1344 Euclid Avenue (220 m) · S & T (240 m) · Euclid Townhouses (300 m) · The Park Vintage (300 m) · 1235 Meridian Ave (320 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

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Get your unit's value

Tell me your unit and I'll prepare its value myself, from 1342 Drexel's closed sales and what is listed now. Then we talk it through.

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When a unit at 1342 Drexel lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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