3 Days Ago
Highlights
- Updated finishes
- Boutique building
- In-unit washer/dryer
- Functional open layout
Location
1242 Drexel Ave #103, Miami Beach, FL 33139, USA|Flamingo - Lummus
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Property Overview
Set in Miami Beach’s Art Deco District near Ocean Drive and the sand, the condo offers walkability to dining, nightlife, shops, and public transit, plus quick access to parks and cultural attractions. Interior finishes and layout support comfortable everyday living with efficient use of space, while the building’s style and location can appeal to both full-time residents and those seeking a pied-à-terre or beach retreat.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Less expensive
- Images available
Great for
Wellness
Social life
Eco living
Amenities for 1242 Drexel Ave #103, Flamingo - Lummus
Features
| Air Conditioning | Central Air |
| Hardwood Floor |
Appliances
| In-Unit Laundry |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 1242 Drexel Ave #103
Property Status: Active Beautifully remodeled 1-bedroom, 1-bath residence in a charming boutique Mediterranean-style building located just 3 blocks from the ocean in South Beach. This bright and inviting unit features abundant natural light, updated finishes, central A/C, in-unit washer/dryer, and a functional open layout. Boutique building with only 16 residences, located near Flamingo Park, dining, shopping, and entertainment. Some photos may include virtual staging. Office Phone: (888) 883-8509 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1242 Drexel Ave, Miami Beach, FL 33139, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
Address details
| Neighborhood | Flamingo - Lummus |
|---|---|
| Zip code | 33139 |
| Type | Condo for rent |
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Rent trends in Flamingo - Lummus
1-bedroom apartments at 1242 Drexel Ave #103 cost about 0% more than the average rent price for 1-bedroom apartments in Miami Beach.
Median rents as of May 16 2026.
Flamingo - Lummus
Miami Beach
| Month | Median Rent |
|---|---|
| June 2024 | $2,710 |
| July 2024 | $2,612 |
| August 2024 | $2,648 |
| September 2024 | $2,587 |
| October 2024 | $2,500 |
| November 2024 | $2,470 |
| December 2024 | $2,500 |
| January 2025 | $2,462 |
| February 2025 | $2,400 |
| March 2025 | $2,500 |
| April 2025 | $2,700 |
| May 2025 | $2,550 |
| June 2025 | $2,522 |
| July 2025 | $2,518 |
| August 2025 | $2,519 |
| September 2025 | $2,505 |
| October 2025 | $2,510 |
| November 2025 | $2,500 |
| December 2025 | $2,450 |
| January 2026 | $2,428 |
| February 2026 | $2,367 |
| March 2026 | $2,412 |
| April 2026 | $2,537 |
| May 2026 | $2,600 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,194 |
| July 2024 | $2,100 |
| August 2024 | $2,120 |
| September 2024 | $2,200 |
| October 2024 | $2,200 |
| November 2024 | $2,174 |
| December 2024 | $2,128 |
| January 2025 | $2,187 |
| February 2025 | $2,162 |
| March 2025 | $2,263 |
| April 2025 | $2,211 |
| May 2025 | $2,198 |
| June 2025 | $2,200 |
| July 2025 | $2,170 |
| August 2025 | $2,100 |
| September 2025 | $2,100 |
| October 2025 | $2,100 |
| November 2025 | $2,100 |
| December 2025 | $2,087 |
| January 2026 | $2,100 |
| February 2026 | $2,100 |
| March 2026 | $2,100 |
| April 2026 | $2,199 |
| May 2026 | $2,198 |
Affordability calculator
Can I afford to live at 1242 Drexel Ave #103?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 1-bedroom monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $2,200 | 1 bed | 1 bath | ||
| 1 year ago | $1,900 | 1 bed | 1 bath | ||
| 2 years ago | $2,850 | 2 bed | 2 bath | ||
| 2 years ago | $2,850 | 2 bed | 2 bath | ||
| 2 years ago | $2,850 | 2 bed | 2 bath | ||
| 2 years ago | $2,850 | 2 bed | 2 bath | ||
| 2 years ago | $2,850 | 2 bed | 2 bath | ||
| 2 years ago | $1,900 | 1 bed | 1 bath | ||
| 4 years ago | $1,500 | 1 bed | 1 bath |
Schools near 1242 Drexel Ave #103
Fienberg/Fisher K-8 Center
1420 washington ave
miami beach, FL, 33139
PK, K-8Public
C+
Miami-Dade Virtual High School Franchise
1501 ne 2nd ave
miami, FL, 33132
K-12Public
B
Miccosukee Indian School
mile marker 70 tamiami trail
miami, FL, 33194
K-12Public
Chapman Partnership North Early Childhood Center
1550 n miami ave
miami, FL, 33136
PKPublic
United Way Center for Excellence in Early Education Demonstration School
3250 sw 3rd ave
miami, FL, 33129
PKPublic
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Internet available near 1242 Drexel Ave #103
Getting around Miami Beach near 1242 Drexel Ave #103
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 1242 Drexel Ave #103, Miami Beach
Groceries
10/10
At least one supermarket within a 5-minute walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 1242 Drexel Ave #103
Family Food Market
210 11th St
Washington Food Plaza
1337 Washington Ave
Art Deco Market
1435 Washington Ave
Jonathan's Fresh Market
860 Ocean Dr
Miami Beach Food Market LLC
1510 Washington Ave
Couture Julia
1210 Washington Ave
1220 Collins Avenue Inc
1220 Collins Ave
The Webster
1220 Collins Ave
Bikini Luxe
1300 Washington Ave
Miami Surf Style
1051 Washington Ave
Ccino the Coffee Shop
1339 Washington Ave
Shepherd Artisan Coffee
919 Collins Ave
Cortadito Coffee House Washington
1429 Washington Ave
Starbucks
1455 Ocean Dr
Coffee & Crepes Inc
710 Washington Ave
Toni's Sushi Bar
1208 Washington Ave
Marlin Bar
1200 Collins Ave
11th Street Diner
1065 Washington Ave
Swizzle Rum Bar & Drinkery
1120 Collins Ave
Twist
1057 Washington Ave
Smoothie Shop
1229 Washington Ave
Bettant Bakery
1043 Washington Ave
Fernandez Fruit Market
1407 Washington Ave
Rosetta Bakery
929 Collins Ave
Cortadito Coffee House Washington
1429 Washington Ave
Lummus Park
Flamingo Park Playground
Flamingo Park
Garden
Soundscape Park
Toni's New Tokyo Cuisine
1208 Washington Ave
Toni's Sushi Bar
1208 Washington Ave
Miami 'n' Ice
1214 Washington Ave
Chicken Brasa
1238 Washington Ave
Pepper's Authentic Mexican
1238 Washington Ave
WASHINGTON AV & 12 ST
DOWNTOWN-AVENTURA MALL VIA MIABEACH, MT SINAI TO OMNI TERMINAL, City of Miami Beach - SoBeach A Rte
Washington Avenue / 12th Street
South Beach Loop
WASHINGTON AV & 11 ST
DOWNTOWN-AVENTURA MALL VIA MIABEACH, MT SINAI TO OMNI TERMINAL, City of Miami Beach - SoBeach B Rte
Washington Avenue / 11th Street
South Beach Loop
WASHINGTON AV & 11 ST
City of Miami Beach - SoBeach A Rte
MiamiCentral
Mainline, Mainline
MiamiCentral Station
Downtown Miami Link
HISTORIC OVERTOWN/LYRIC THEATRE STAT.RAIL NORTHBOUND
REGULAR METRORAIL SERVICE
HISTORIC OVERTOWN/LYRIC THEATRE STAT.RAIL SOUTHBOUND
REGULAR METRORAIL SERVICE
GOVERNMENT CTR.STAT.RAIL NORTHBOUND
REGULAR METRORAIL SERVICE
MUSEUM PARK METROMOVER STATION
METROMOVER OMNI/BRICKELL OUTER LOOP, METROMOVER OMNI/BRICKELL OUTER LOOP
BAYFRONT PARK METROMOVER STATION
METROMOVER OMNI/BRICKELL OUTER LOOP, METROMOVER INNER LOOP, METROMOVER OMNI/BRICKELL OUTER LOOP
BISCAYNE BD@E FLAGLER ST
METROMOVER INNER LOOP
ADRIENNE ARSHT CENTER METROMOVER STATION
City of Miami - Wynwood Route, METROMOVER OMNI/BRICKELL OUTER LOOP
COLLEGE / BAYSIDE METROMOVER STATION
METROMOVER OMNI/BRICKELL OUTER LOOP
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In-Unit Laundry • Dishwasher • Hardwood Floor • Carpet
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