Home » Miami Beach » THE RUSKIN CONDO at 1542 Drexel Ave Miami Beach » 1542 Drexel Avenue 107, Miami Beach, FL 33139 | A11429377

Sold 1542 Drexel Avenue 107, Miami Beach, FL 33139

$285,000
closed for a price of $270,000

Property Highlights

Listing ID A11429377 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 530 Sqft/49.24 m2 approx. Building Area 530 Sqft/49.24 m2 approx. Year Built 1925 Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 77 Days

1542 Drexel Avenue 107, Miami Beach, FL 33139

Property Description: Investors Dream! Beautiful condo, located in the heart of South Beach in Drexel Avenue. Recently renovated with remodeled kitchen, brand new stainless steel appliances and new vynil flooring throughout for a new buyer or investor to be the first one to live in. The Ruskin Condo is a beautiful and historical Art Deco building, and offers convenient laundry facility on site with one washer and one dryer on each floor. The building comes with secure gated-entry, a beautiful stone patio and garden area. Conveniently located in between Espanola Way, Lincoln Rd, and only two blocks away from the world famous South Beach and steps from the beaches.

Useful Info

Contingency:No Contingencies
Original List Price:$285,000
Close Price:$270,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Vinyl
Number of stories:3
Possible Use:
  • Investment

Property Features

View from the Property:
  • Garden
  • Other
Waterfront:No
Security:
  • Smoke Detector(s)
  • Complex Fenced
Appliances:
  • Refrigerator
  • Electric Range
Interior Features:
  • First Floor Entry
  • Other
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$2,458

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$447
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Laundry
Subdivision Name:THE RUSKIN CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Insurance
  • Laundry
Complex Name:THE RUSKIN CONDO
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • On Street

More Details

Other Information:
Unit ViewGarden View,Other View
Housing Older Persons ActNo HOPA
Buy StateFlorida
Unit DesignCorner Unit
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Tax InformationTax Reflects City & County Tax
Buyer Country of ResidenceUSA
Number of times allowed to lease per year1
Flood ZoneAE
Homeowner's Association Application Fee100
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number136

Zoning and Legal

Tax Legal Description:THE RUSKIN CONDO UNIT 107 UNDIV 4.57% INT IN COMMON ELEMENTS OFF REC 19414-3705 OR 19486-1907 0101 1
Real Estate Folio Number (Parcel Number):02-32-34-136-0190
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:August 4, 2023 2:16 pm
On Market Date:August 3, 2023
Close Date:October 20, 2023
Price Change Date Time:August 2, 2023 2:20 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:October 22, 2023 6:44 am
Status Last Changed:October 22, 2023 6:44 am
Photos Last Modified:August 5, 2023 8:20 pm
Last Modified:October 22, 2023 10:45 am
Days on the Market (updated on Last Modified*):57
Cumulative Days on the Market (updated on Last Modified**):57

Additional Information

Unit Location:Corner Unit
Number of Photos:14
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:The Keyes Company
Universal Property Id:US-12025-N-0232341360190-R-N

Location

Show Property Address:Yes
Street Name:Drexel Avenue
Street Number:1542
Street Address:1542 Drexel Avenue 107
Unit Number:107
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1542 Drexel Avenue 107, Miami Beach, FL 33139
Latitude:N25° 47' 18.2''
Longitude:W81° 51' 59.8''

Neighborhood

Postal City:Miami Beach

Property Map

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