Drexel 15 Condo in Miami Beach

Drexel 15
Condos for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily

As of September 2026, Drexel 15 Condo in FL has 1 home for sale. As of September 2026, the MLS records 11 closed sales in Drexel 15 Condo in FL since 2018, the most recent in December 2025.

Live · Drexel 15 Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
1 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 1 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

With only three closings in the current window, DREXEL 15 CONDO is a thin-data market, and the median price of $290,000 should be read as a snapshot rather than a firm baseline. At a median of $378.10 per square foot, pricing here is driven mostly by unit condition and floor plan rather than any building-wide amenity package, since none is identified from current MLS listings.

A median of 67 days on market suggests these units are not moving in a rush. That points to a market where sellers need to price realistically from the start and buyers have some room to negotiate on terms or timeline rather than compete on multiple offers.

The 60-Second Overview

DREXEL 15 CONDO is a Miami-Dade County condo building where recent activity has been limited, so pricing here reflects a handful of transactions rather than a broad, established curve.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers who have done their homework on a specific unit and are comfortable with limited recent comps
  • Buyers prioritizing per-square-foot value over building amenities
  • Sellers prepared for a real marketing period rather than an instant sale

Probably not for

  • Buyers who want a building with an established, well-documented sales history
  • Buyers seeking a building with confirmed on-site amenities
  • Sellers expecting a fast, high-competition sale process

The market around Drexel 15 Condo

Drexel 15 Condo is too small for its own price trend, so here is the market around it.

In ZIP 33139, 1,034 homes are on the market and 14% are under contract — a slower corner of Miami Beach.

Across Miami-Dade County, 15,109 homes are active and 3,290 pending (18% under contract).

ZIP and county figures describe the wider market, not Drexel 15 Condo specifically. Momentum Research analysis of MLS records.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

14% of homes for sale in ZIP 33139 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

DREXEL 15 CONDO Market Scorecard

Thin data

DREXEL 15 CONDO is currently a thin data market. Limited supply, a median asking price of $350,000, and homes go under contract in about 142 days.

n/a
Months supply
$350,000
Median list
n/a
Median sold
$456
Per sqft
142
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 33139 ZIP is $471,014, about 48.9% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Drexel 15 Condo

Live MLS inventory for Drexel 15 Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Drexel 15 Condo listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2025. Tap any home to ask about it.

If we were buying in Drexel 15 Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Drexel 15 Condo.

Best Buy
Buyers comfortable evaluating a thin-data condo market on its individual merits rather than a broad trend line.
Biggest Risk
With only three recent closings, any single sale can swing the perceived market significantly.
Sweet Spot
Buyers and sellers who anchor their pricing to per-square-foot value and unit condition rather than building-wide comps.
Avoid If
You need a large set of recent comparable sales to feel confident before pricing or offering.

What the numbers actually say

Three closings is not enough volume to draw firm conclusions about trend direction, but it is enough to establish a working price-per-square-foot benchmark of $378.10. Buyers and sellers should treat that figure as a starting point for comparison, not a ceiling or floor, and lean on a comparable unit's condition and layout to refine it further.

The 67-day median days-on-market figure, combined with the small closing count, tells us this is not a building where units are getting snapped up instantly. Sellers should expect a real marketing period, and buyers who move deliberately are unlikely to be squeezed by competing offers.

The location and the amenities are priced into every listing in Drexel 15 Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a building with limited recent transaction volume, pricing a listing or evaluating an offer correctly takes more than pulling a single comp. We dig into the available closings, unit-by-unit condition, and per-square-foot detail to give sellers a defensible asking price and buyers a clear-eyed read on what a unit is actually worth before they commit.

Drexel 15 Condo in 15 seconds.

Best forBuyers comfortable evaluating a thin-data condo market on its individual merits rather than a broad trend line.
Biggest advantageA median days-on-market of 67 days gives buyers room to negotiate rather than rush a decision.
Biggest riskWith only three recent closings, any single sale can swing the perceived market significantly.
Sweet spotBuyers and sellers who anchor their pricing to per-square-foot value and unit condition rather than building-wide comps.
Avoid ifYou need a large set of recent comparable sales to feel confident before pricing or offering.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Drexel 15 Condo sales matched to your home.

What is your Drexel 15 Condo home worth?

Get a no-obligation home value based on real comparable sales in Drexel 15 Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Drexel 15 Condo on the map →

Real comps, not an automated estimate.
Buyers who have done their homework on a specific unit and are comfortable with limited recent compsExcellent fit
Buyers prioritizing per-square-foot value over building amenitiesExcellent fit
Sellers prepared for a real marketing period rather than an instant saleExcellent fit
Buyers who want a building with an established, well-documented sales historyProbably not
Buyers seeking a building with confirmed on-site amenitiesProbably not
Sellers expecting a fast, high-competition sale processProbably not

Nearby Communities

Explore more neighborhoods near Drexel 15 Condo with Momentum Realty’s local guides.

TDThe Danton Condo0.0 mi awayTRThe Ruskin Condo0.0 mi awayOAOhio Apartment Bldg Condo0.0 mi awaySCSelma Condo0.0 mi awayTCThe Chelsea Condo0.0 mi awayBCBeachgardens Condo0.0 mi awaySBSouth Beach Hudson Condo0.1 mi awayFOFirst On Penn Condo0.1 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2018 (11 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Thinking of selling in DREXEL 15 CONDO? 2 recorded closings (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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