Condo in 1550 Drexel Avenue 202, Miami Beach, FL 33139 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 Avenue 202, Miami Beach, FL 33139

Price
Price:
$325,000.00
Original List Price:
$335,000.00
List Price per Sq Ft (Calculated, Approx.):
$560.34
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:
August 3, 2026 4:47 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Separate Shower, Separate Tub, Bedroom On Entry Level
Measures
Living Area:
580 Sqft
Built-Up Area:
580 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Smoke Detector(s), Key Card Entry, Security Fence
Appliances:
Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Closet Cabinetry
Exterior:
Lighting, None
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Unit Description:
Corner/end Unit, Garden Apartment
Construction
Year Built:
1925
Levels:
Two
Entry Level (floor):
2
Construction Materials:
Block
Flooring:
Tile
Number of stories:
2
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$3,480.00
Tax Year:
2025
Association Fee:
$867.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
On Street
Utilities
Electric:
Circuit Breakers
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Laundry
Subdivision Name:
OHIO APARTMENT BLDG CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Insurance, Legal/accounting
Senior Community:
No
Minimum Days per Lease:
365
Leasing Permitted
Leasing Permitted Details:
Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash, Conventional
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):
0232341110040
Public Schools Assigned
Elementary School:
Hickory Tree Elem
High School:
Miami Beach
Listing History
Active on the market since:
May 22, 2026
Listing Agreement executed on:
May 22, 2026
Price change occurred on:
August 3, 2026 4:47 pm
Listing Status Last Changed On:
May 22, 2026 4:00 am
Photos updated on:
August 3, 2026 3:49 pm
Last Modified:
August 3, 2026 5:34 pm
Additional Information
Courtesy of:
Luxe Properties
Attribution:
Not provided
Location
Floor Number:
2
Street Name:
Drexel
Street Number:
1550
Unit Number:
202
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 18.7''
Longitude:
W81° 51' 59.8''
Street Suffix:
Avenue
Property Map

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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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 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.