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1550 Drexel Ave # 202, Miami Beach FL 33139

Condo/Co-op For Sale
$290,000

BTC: 3.56440511

ETH: 119.24342105

-$45K (2026/10/13)
146 days
1 bds
1 ba
580 sqft

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.

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1925
Lot:
No Data
Heating:
Central
Price/sqft:
$500
Cooling:
Central Air
HOA:
$867

Valuation

Our model vs. what's actually selling nearby.
Estimate
$299,000
$226K – $701K
Confidence Low
List vs. estimate
$9K below estimate
List $290,000 · -3.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$500
-13.9% vs. city median $580
Based on
19 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $325K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,480
2025
HOA
$867/mo
View
Garden View
Pets
Maximum 20 Lbs
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Second Floor Entry

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: None

    Other Property Information

    • Parcel Number: 02-32-34-111-0040

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $867

    • HOA Frequency: Monthly

    • Annual tax amount: $3,480

  • Source details

    • MLS ID: A12023951

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Common Area

    • Architectural Style: Corner Unit / Garden Apartment

    • Living Area: 580

    • Subdivision Name: OHIO APARTMENT BLDG CONDO

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Properties