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1550 Drexel Ave # 103, Miami Beach FL 33139

Condo/Co-op For Sale
$225,000

BTC: 3.47651422

ETH: 118.25673801

3 days
1 bds
1 ba
420 sqft

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.

Location

Florida • Miami Beach • 33139 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
On Street
Year Built:
1925
Lot:
No Data
Heating:
Central
Price/sqft:
$536
Cooling:
Central Air
HOA:
$638

Valuation

Our model vs. what's actually selling nearby.
Estimate
$210,000
$150K – $312K
Confidence Low
List vs. estimate
$15K above estimate
List $225,000 · +7.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$535
-10.0% vs. city median $595
Based on
131 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $253K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,152
2025
HOA
$638/mo
View
Other View
All facts and features

  • Flooring

    • Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    • No Additional Rooms

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: None

    Other Property Information

    • Parcel Number: 02-32-34-111-0050

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $638

    • HOA Frequency: Monthly

    • Annual tax amount: $3,152

  • Source details

    • MLS ID: A12069548

    Other facts

    • Construction Materials: Brick / CBS Construction

    • Laundry Features: Common Area

    • Architectural Style: Corner Unit

    • Living Area: 420

    • Subdivision Name: OHIO APARTMENT BLDG CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
976
median $549K
Active
Same city
Miami Beach
2,369
median $625K
Active
Same type
Condo/Co-op
1,771
median $515K
Active
Similar price
$157K – $292K
378
median $231K
Active

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: RE/MAX Advance Realty II