Condo in 1340 Drexel Avenue 406, Miami Beach, FL 33139 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 Avenue 406, Miami Beach, FL 33139

Price
Price:
$245,000.00
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
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 13, 2026 8:43 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level
Measures
Living Area:
515 Sqft
Built-Up Area:
515 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Smoke Detector(s), Closed Circuit Camera(s), Security Fence, Entry - Phone/intercom
Furnished:
Partially
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Other, Ice Maker
Exterior:
Courtyard
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Heat Pump
Fence:
Fenced
Other Equipment:
Intercom, Other
Unit Description:
Exterior Catwalk, Studio
Construction
Year Built:
1949
Levels:
Two
Entry Level (floor):
2
Construction Materials:
Other, CBS
Flooring:
Wood
Number of stories:
2
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$3,642.00
Tax Year:
2025
Association Fee:
$412.00
Association Fee Frequency:
Monthly
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Subdivision Name:
RETREAT CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Maintenance Structure, Common Areas, Reserve Funds
Senior Community:
No
Minimum Days per Lease:
180
Leasing Permitted
Leasing Permitted Details:
Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
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):
0232341920240
Public Schools Assigned
Elementary School:
Miami Beach Fienberg / Fisher K-8
High School:
Miami Beach
Listing History
Active on the market since:
December 18, 2025
Listing Agreement executed on:
December 18, 2025
Price change occurred on:
March 13, 2026 8:43 pm
Listing Status Last Changed On:
December 18, 2025 10:11 pm
Photos updated on:
March 13, 2026 7:47 pm
Last Modified:
July 7, 2026 2:06 am
Additional Information
Courtesy of:
AG Real Estate Advisors, LLC
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
Drexel
Street Number:
1340
Unit Number:
406
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 5.2''
Longitude:
W81° 52' 0.2''
Street Suffix:
Avenue
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) 60 Moderate
☀️ O3 30 Good
🫁 PM2.5 60 Moderate

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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.