Condominium
1550 Drexel Ave # 202
1550 Drexel Ave # 202, Miami Beach FL 33139 Get directions
$285,000
1 Bed · 1 Bath · 580 SqFt
See estimated monthly costThis listing is courtesy of Luxe Properties. Larisa Puscarenco
Overview
Beautifully renovated corner unit in the heart of South Beach, filled with natural light and surrounded by lush tropical greenery. Enjoy charming street views from the living room through expansive corner windows, creating a bright and inviting atmosphere. This stylish residence features brand-new kitchen cabinets, appliances, tile flooring throughout, spacious closets, and is being sold fully furnished, including a large flat-screen TV. Washer/dryer available both inside the unit and within the building for added convenience. Located in a charming 16-unit boutique, pet-friendly building, this unit offers one of the best locations in South Beach - just 1 block from Lincoln Road, 1 block from Española Way, and only 2 blocks from the beach. Flamingo Park, restaurants, cafés, bars, CVS, Walgreens, and everyday conveniences are all within walking distance. The building has recently completed major upgrades including a new roof, concrete restoration, and fresh exterior painting, adding long-term value and appeal. Perfect as a primary residence, vacation getaway, or investment property. Rental rates in this highly desirable neighborhood start at $2,000+ per month.
Facts & features
Interior
- Living area (sq ft)
- 580
- Full bathrooms
- 1
- Second Floor Entry
- Closet Cabinetry
Building & exterior
- Year built
- 1925
- Garden View
- None
- On Street
HOA (homeowners association)
- Association fee
- $867 per month
- Pets allowed
- Yes
- Exterior Lighting
- Okay To Lease 1st Year
- Maximum 20 Lbs
Taxes
- Annual tax
- $3,480
- Tax year
- 2025
- Parcel number
- 02-32-34-111-0040
Assigned schools
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A12023951
- Property type
- Condominium
- Price per SqFt
- $491
- Subdivision
- OHIO APARTMENT BLDG CONDO
- On market since
- May 22, 2026
- Days on market
- 164
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| May 22, 2026 | Listed | $335,000 | — |
| Nov 2, 2026 | Price change | $285,000 | −$5,000 (−1.7%) |
Milestones recorded on this listing. Not a complete MLS price history.
Estimated monthly cost
$2,812 per month
- Principal & interest (30 yr)
- $1,441
- Property tax
- $290
- Insurance (estimated)
- $214
- Association fee
- $867
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
Nearby schools
- Miami Beach Adult & Community Education Center
- Miami Beach Fienberg/Fisher K-8 Center
- Lincoln-Marti Community Agency 41
- Lubavitch Educational Center - Yeshiva Gedolah
- Miami Beach Senior High
- Rabbi Alexander S. Gross Hebrew Academy
- Daughters of Israel Mikvah
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