1250 Drexel Ave # 8, Miami Beach FL 33139, MIAMI BEACH, FL, 33139
Active46 days on marketListed Jul 1, 2026MLS #A12046739
About this home
1250 Drexel Ave # 8, Miami Beach FL 33139
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.
Facts & features
The home at a glance
0
Bedrooms
1
Bathrooms
490
Sqft
1939
Year built
$386
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,415 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,415/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−21.4%
$/sqft vs Miami Beach actives
$386 vs $728
Days on market
46 vs 91 typical
Where $386/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Flamingo Lummus
Get to know Miami Beach. See the full Miami Beach guide →
Flamingo Lummus — neighborhood snapshot
Population
23,083
Median age
41
Median income
$70,404
Median home value
$377,608
Avg household
2
Households w/ children
1,591
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 170% above the MIAMI BEACH 33139 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 1250 Drexel Ave # 8
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$193,500
1250 Drexel Ave # 7, Miami Beach FL 33139 · same community
0 bd · 1 ba · 505 sqft · $383/sqft · 55 DOM
Sold · Jun ’26$220,000
323 Washington Ave # 4, Miami Beach FL 33139
1 bd · 1 ba · 474 sqft · $464/sqft · 8 DOM
Sold · Oct ’25$218,000
323 Washington Ave # 1, Miami Beach FL 33139
1 bd · 1 ba · 474 sqft · $460/sqft · 37 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Yumiko Sugawara
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1250 Drexel Ave # 8 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1250 Drexel Ave # 8 — before you fall in love.
See it in person
Schedule a tour
Live availability from Yumiko's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1250 Drexel Ave # 8 FAQs
What would the monthly payment be for 1250 Drexel Ave # 8, Miami Beach FL 33139?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,415/mo — principal and interest, the actual property-tax bill, the $801/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1250 Drexel Ave # 8, Miami Beach FL 33139?+
The association fee works out to $801 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1250 Drexel Ave # 8, Miami Beach FL 33139?+
The most recent tax bill on record (2025) was $3,095. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $189,000, this home is listed about 71% below the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 1250 Drexel Ave # 8, Miami Beach FL 33139?+
Miami Beach South Pointe Elementary School (elementary), Miami Beach Senior High School (high), Miami Beach Nautilus Middle School (middle), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$189,000 runs 170% above the MIAMI BEACH 33139 median.
02Other View views
The other view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $801/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong assigned schools
Miami Beach South Pointe Elementary School, Miami Beach Senior High School, Miami Beach Nautilus Middle School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Miami Beach South Pointe Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Julies Realty, LLC · Mihaela Belenchi. MLS #A12046739.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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