1519 Drexel Ave · Miami Beach, FL 33139 · South Beach

Drexel 15

5-story mid-rise, completed 1970, 17 residences in South Beach. Nothing listed on Nov 2, 2026; 2 sales closed in the last 12 months.

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At a glance Drexel 15 (1519 Drexel Ave, South Beach) is a 5-story, 17-unit building completed in 1970. As of Nov 2, 2026, no unit is listed for sale or for rent; the median closed price was $378 per square foot over 3 sales 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
0
For rent
0
Median $/SF
$3783 sales · 24 mo
Sold
2last 12 months
Built
1970
Floors
5
Residences
17county
Flood zone
AEFEMA
Owner-occupied
71%
Avg. unit
834sq ft

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

On the market at Drexel 15.

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Snapshot as of Nov 2, 2026.

Nothing listed at Drexel 15 on Nov 2, 2026.

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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 Drexel 15.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Dec 5, 2025; 9 sales are on record since 2020.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Drexel 15 is a 5-story mid-rise at 1519 Drexel Ave in South Beach, built in 1970. County folio records count 17 residences, averaging 834 SF of living area.

Nothing was listed for sale on November 2, 2026. Two sales closed between November 2, 2025 and November 2, 2026, from $290K to $330K, $378 and $430/SF. The year before saw one closed sale.

One lease was signed over the same 12 months, at $2,350 a month.

County records show 71% of residences as owner-occupied, which makes it more of a primary-home building than an investor one.

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
1519 Drexel Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1970
Floors
5
Residences (county-verified)
17
Owner-occupied
71% of residences
Avg. unit size
834 sq ft
Total living area
14,176 sq ft
County condo folios
17
Recorded MLS listings
16

The numbers at Drexel 15.

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, 2020 to 2026. Count in the tooltip.

$227$453$2872020$2802021$3392022$3672023$4532024$3782025$227$453$2872020$2802021$3392022$3672023$4532024$3782025

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
20253$3782$3,275/mo*
20242$453*3$2,600/mo
20231$367*––
20221$339*––
20211$280*––
20201$287*––

* 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 9 sales · 5 leases on record since 2020

Closed sales Nov 2, 2024 to Nov 2, 2026 · 3

UnitBDBASFAskedClosed$/SFClose dateDOM
40211767$345,000$330,000$430Dec 5, 202567
40311767$295,000$290,000$378Nov 17, 202555
20211767$235,000$215,000$280Sep 12, 2025209

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

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
40111767$2,350/mo$2,350/mo$3.06Dec 1, 202589

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 Drexel 15.

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 2000

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 1970 (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 Drexel 15

5 more nearby

Smaller buildings close by: Harriet Court (190 m) · San Sebastian (210 m) · Marquesa (360 m) · The Park Vintage (370 m) · 735 (390 m) · 1344 Euclid Avenue (450 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 Drexel 15's closed sales and what is listed now. Then we talk it through.

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When a unit at Drexel 15 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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