Condo in 1340 Drexel Ave 406 Miami Beach for sale with MLS# A11932789

C A S H O N L Y - This RARE "HEART OF SOUTH BEACH STUDIO GEM" is in a recently renovated Art Deco privately gated and secure modern complex. Quality cherry hardwood floors, stainless steel kitchen and appliances, central AC, modern bath with shower, private washer / dryer inside the unit. Close to the beach, the public pool and tennis courts and a gorgeously landscaped courtyard with greenery, a fountain, lounge chairs and tables to relax. Very bright and in excellent condition, new central AC unit. Landlord to pay in full any special assestment at closing. TENANT OCCUPIED @ $ 1800 PER MONTH.

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Days on the market

1340 Drexel Ave 406, Miami Beach, FL 33139

Price
Price:
$245,000.00
Previous Asking Price:
$255,000.00
Original List Price:
$265,000.00
More Listings Same Building:
Retreat in 1340 Drexel Ave Miami Beach
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11932789
Description of Last Important Update:
Price Change
Last Major Update on:
March 13, 2026 3:43 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
515 Sqft
Built-Up Area:
515 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Smoke Detector(s), Closed Circuit Camera(s), Complex Fenced, Phone Entry
Furnished:
Negotiable
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Other, Ice Maker
Interior:
Bedroom On Main Level, Second Floor Entry, Main Living Area Entry Level
Exterior:
Fence, Courtyard, Storm Security Shutters
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Heat Pump
Other Equipment:
Intercom
Construction
Year Built:
1949
Year Built Details:
Resale
Entry Level (floor):
2
Entry Level Location:
2
Construction Materials:
Block, Other
Flooring:
Wood, Hardwood
Number of stories:
2
Taxes and Expenses
Tax Annual Amount:
$3,642.00
Tax Year:
2025
Association Fee:
$412.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Homestead Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes
Subdivision Name:
RETREAT CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Common Areas, Reserve Fund
Complex Name:
RETREAT CONDO
Senior Community:
No
Restrictions:
Okay to Lease During First Year of Ownership
Terms
Disclosures:
Owner Is Listing Agent, Special Assessment
Listing Terms Considered by Seller:
Cash
Occupant Type:
Call Agent
Buyer Possession:
Close Of Escrow
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
RETREAT CONDO UNIT 406 BLDG 1340 UNDIV 515/18972 INT IN COMMON ELEMENTS OFF REC 25041-3928 COC 26043-0001 10 2007 1
Real Estate Folio Number (Parcel Number):
02-32-34-192-0240
Listing History
Originally published on:
December 27, 2025 5:08 pm
Active on the market since:
December 18, 2025
Price change occurred on:
March 13, 2026 3:43 pm
Listing Status Last Changed On:
December 27, 2025 5:08 pm
Photos updated on:
January 3, 2026 1:23 pm
Last Modified:
March 13, 2026 7:43 pm
Additional Information
Unit View:
Garden View
Housing Older Persons Act:
No HOPA
Unit Design:
Exterior Cat Walk
Type of Association:
Condo
Minimum Number of Days per Lease:
180
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$0.00
Number of Times Leased per Year:
1
Flood Zone:
AE
Application Fee:
$150.00
Style:
Condo 1-4 Stories
Municipal Code:
2
Subdivision Number:
192
Courtesy of:
AG Real Estate Advisors, LLC
Attribution:
Not provided
Location
Street Name:
Drexel Ave
Street Number:
1340
Unit Number:
406
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 5.4''
Longitude:
W81° 52' 0.2''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.