Condo in 1550 Drexel Ave 202 Miami Beach for sale with MLS# A12023951

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.

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1550 Drexel Ave 202, Miami Beach, FL 33139

Price
Price:
$335,000.00
Original List Price:
$335,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A12023951
Description of Last Important Update:
New Listing
Last Major Update on:
May 22, 2026 2:27 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area:
580 Sqft
Built-Up Area:
580 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Smoke Detector(s), Key Card Entry, Complex Fenced
Appliances:
Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Closet Cabinetry, Bedroom On Main Level, Second Floor Entry
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Building:
Exterior Lighting
Construction
Year Built:
1925
Year Built Details:
Effective Year Built
Architectural Style:
Garden Apartment
Entry Level (floor):
2
Entry Level Location:
2
Construction Materials:
Block
Flooring:
Tile
Number of stories:
2
Taxes and Expenses
Tax Annual Amount:
$3,480.00
Tax Year:
2025
Association Fee:
$867.00
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, Sewer, Water, Trash, Maintenance Structure, Insurance, Laundry, Legal Accounting
Complex Name:
OHIO CONDO
Senior Community:
No
Restrictions:
Okay to Lease During First Year of Ownership
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
OHIO APARTMENT BLDG CONDO UNIT 202 UNDIV 7.364% INT IN COMMON ELEMENTS OFF REC 17916-2715 OR 20304-4466 0302 1 COC 26288-3126 26429-1642 030
Real Estate Folio Number (Parcel Number):
02-32-34-111-0040
Public Schools Assigned
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
May 22, 2026 2:27 pm
Active on the market since:
May 22, 2026
Price change occurred on:
May 22, 2026 1:19 pm
Listing Status Last Changed On:
May 22, 2026 2:27 pm
Photos updated on:
May 22, 2026 6:55 pm
Last Modified:
May 23, 2026 12:01 am
Additional Information
Unit View:
Garden View
Housing Older Persons Act:
No HOPA
Unit Design:
Corner Unit, Garden Apartment
Type of Association:
Condo
Minimum Number of Days per Lease:
365
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:
111
Courtesy of:
Luxe Properties
Attribution:
Not provided
Location
Street Name:
Drexel Ave
Street Number:
1550
Unit Number:
202
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) 40 Good
☀️ O3 30 Good
🫁 PM2.5 40 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.