Condominium

1550 Drexel Ave # 103

1550 Drexel Ave # 103, Miami Beach FL 33139 Get directions

$205,000

For Sale
Price cut: $5,000 (−2.4%)

1 Bed · 1 Bath · 420 SqFt

See estimated monthly cost

This listing is courtesy of RE/MAX Advance Realty II. Emily Schwitalla

Overview

Experience South Beach living at its finest in this beautifully updated Art Deco sanctuary, nestled within an exclusive, intimate 16-unit boutique community. Flooded with natural light, this move-in-ready 1-bedroom residence showcases pristine new flooring, modern central A/C, and a spacious walk-in closet. The sleek, modern kitchen boasts crisp white cabinetry, a high-efficiency induction cooktop, and flows seamlessly into an elegantly refreshed bathroom. Unbeatable location meets extraordinary investment potential: walk just steps to world-class dining, shopping, and nightlife along Lincoln Road, historic Española Way, iconic Ocean Drive, and the sparkling ocean shoreline. Low HOA fees conveniently cover building insurance, water, and trash. Complete with lushly manicured grounds, a pet-friendly policy, and flexible 3-month minimum rental terms, this rare turnkey gem offers the ultimate blend of lifestyle, location, and value.

Facts & features

Interior

Living area (sq ft)
420
Full bathrooms
1
  • First Floor Entry
  • No Additional Rooms

Building & exterior

Year built
1925
  • Other View
  • None
  • On Street

HOA (homeowners association)

Association fee
$638 per month
Pets allowed
Yes
  • Laundry
  • No Daily Rentals

Taxes

Annual tax
$3,152
Tax year
2025
Parcel number
02-32-34-111-0050

Assigned schools

Middle
Nautilus
High
Miami Beach

Listing

MLS number
A12069548
Property type
Condominium
Price per SqFt
$488
Subdivision
OHIO APARTMENT BLDG CONDO
On market since
Aug 12, 2026
Days on market
42

Price history

Date Event Price Change
Aug 12, 2026 Listed $225,000 —
Sep 23, 2026 Price change $205,000 −$5,000 (−2.4%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$2,091 per month

Principal & interest (30 yr)
$1,037
Property tax
$263
Insurance (estimated)
$154
Association fee
$638

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Miami Beach Adult & Community Education Center Public · 0 · 0.15 mi
  • Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.17 mi
  • Lincoln-Marti Community Agency 41 Private · PK-03 · 0.39 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.65 mi
  • Miami Beach Senior High Public · 9-12 · 0.70 mi
  • Rabbi Alexander S. Gross Hebrew Academy Private · PK-12 · 0.88 mi
  • Daughters of Israel Mikvah Private · PK-12 · 0.99 mi

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