1308 Drexel Ave, #103, Miami Beach, FL, 33139 | $320,000

Attention Investors, second home owners. Renovated 2 bedrooms apartment. Plenty of natural light, southern exposure. White ceramic tiles throughout, open-concept brand new breakfast quartz countertop in kitchen, new stainless steel appliances. All impact windows, new A/C, brand new custom California closets. Great location, only 2 blocks from the beach. Habana is a classic boutique building in the heart of the Art Deco neighborhood with style, charm and character. Steps from the iconic Ocean Drive, and the vibrant entertainment lifestyle that South Beach can offer, Lincoln Road Mall, Flamingo Park, chef's eateries, shops and more. Enjoy a serene interior tropical courtyard lounge for outdoor space, laundry room, Amazon package locker, bike storage racks, FOB access. Building has reserves & passed 40/50 certification. Freshly Painted. Sold Unfurnished AS IS. Walk to Flamingo Park for all the amenities like pool, soccer fields, playground and more. Street Residential Zoned Parking. Rented until May 2027. Call now for an appointment and more information! Tenant Occupied. Please 24 hrs notice minimum for showing.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Bike Storage,Laundry
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: THE HABANA CONDO
  • Year Built: 1925
  • Common Charge: $856 Monthly
  • Approx Sq. Feet: 720
  • Est. Taxes: $4,826
  • View: Other
  • Elem. School: Feinberg-Fisher K8
  • Middle School: Nautilus
  • High School: Miami Beach
  • Pets Allowed: Yes
  • Pet Policy: Cats OK,Yes
  • Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Self Cleaning Oven
  • MLS#: A11978644
  • Website: https://www.raveis.com
    /prop/A11978644/1308drexelave_miamibeach_fl?source=qrflyer
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Listing courtesy of Miami Dreams Realty Inc.

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1308 Drexel Ave, #103, Miami Beach, FL, 33139

$320,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $256,000 $256,000 $256,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.512% 5.866%
Monthly Tax Payment $402 $402 $402
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,533 $1,597 $2,109
Total Monthly Payment $2,010 $2,074 $2,586

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.