Condo in 1550 Drexel Ave 207 Miami Beach for sale with MLS# A12000602

Recently fully remodeled, this beautifully furnished 1-bedroom, 1-bath corner unit offers modern comfort and style. The apartment features a completely renovated kitchen with new quartz countertops, updated appliances, and a new sink, along with a fully upgraded bathroom. Enjoy the convenience of an in-unit washer and dryer, as well as elegant whitewashed laminate flooring throughout. Ideally located in the heart of Miami Beach, just one block from Lincoln Road, you'll be steps away from top restaurants, shops, and the beach. Situated at the end of the hallway, this private corner unit offers peaceful landscaping views. The building and unit are both exceptionally well maintained. Street resident parking is available. Currently tenant-occupied with a rental income of $2,300 per month through February 28, 2027-making this an excellent investment opportunity.

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Days on the market

1550 Drexel Ave 207, Miami Beach, FL 33139

Price
Price:
$325,000.00
Previous Asking Price:
$315,000.00
Original List Price:
$315,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A12000602
Description of Last Important Update:
Price Change
Last Major Update on:
April 14, 2026 3:20 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
550 Sqft
Built-Up Area:
550 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Complex Fenced, Phone Entry
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Self Cleaning Oven
Interior:
Bedroom On Main Level, Second Floor Entry
Exterior:
Fence, Courtyard
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Heat Pump
Other Equipment:
Intercom
Construction
Year Built:
1925
Year Built Details:
Resale
Entry Level (floor):
2
Entry Level Location:
2
Construction Materials:
Block
Flooring:
Laminate
Number of stories:
2
Property Condition:
Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$3,480.00
Tax Year:
2025
Association Fee:
$850.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Community
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes
Subdivision Name:
OHIO APARTMENT BLDG CONDO
Association Fee Includes:
Maintenance Grounds, Maintenance Structure, Common Areas, Hot Water
Complex Name:
OHIO
Senior Community:
No
Restrictions:
Okay to Lease During First Year of Ownership
Terms
Listing Terms Considered by Seller:
Cash
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
OHIO APARTMENT BLDG CONDO UNIT 207 UNDIV 7.22% INT IN COMMON ELEMENTS OFF REC 17916-2715 OR 18603-4463 0499 1
Real Estate Folio Number (Parcel Number):
02-32-34-111-0140
Title to the property is held by owner as:
Limited Partnership
Public Schools Assigned
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
April 14, 2026 1:53 pm
Active on the market since:
April 14, 2026
Price change occurred on:
April 14, 2026 3:20 pm
Listing Status Last Changed On:
April 14, 2026 1:53 pm
Photos updated on:
April 14, 2026 6:15 pm
Last Modified:
April 14, 2026 11:01 pm
Additional Information
Unit View:
Garden View
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$150.00
Number of Times Leased per Year:
1
Flood Zone:
AE
Application Fee:
$150.00
Style:
Condo 1-4 Stories
Municipal Code:
2
Subdivision Number:
111
Courtesy of:
AG Real Estate Advisors, LLC
Attribution:
Not provided
Location
Street Name:
Drexel Ave
Street Number:
1550
Unit Number:
207
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 18.8''
Longitude:
W81° 51' 59.7''
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.