Experience South Beach living at its finest in this beautifully updated Art Deco sanctuary, nestled within an exclusive, intimate 16-unit boutique community. Flooded with natural light, this move-in-ready 1-bedroom residence showcases pristine new flooring, modern central A/C, and a spacious walk-in closet. The sleek, modern kitchen boasts crisp white cabinetry, a high-efficiency induction cooktop, and flows seamlessly into an elegantly refreshed bathroom. Unbeatable location meets extraordinary investment potential: walk just steps to world-class dining, shopping, and nightlife along Lincoln Road, historic Española Way, iconic Ocean Drive, and the sparkling ocean shoreline. Low HOA fees conveniently cover building insurance, water, and trash. Complete with lushly manicured grounds, a pet-friendly policy, and flexible 3-month minimum rental terms, this rare turnkey gem offers the ultimate blend of lifestyle, location, and value.
For sale
Price cut: $10K (8/24)
$215,000
1550 Drexel Ave APT 103, Miami Beach, FL 33139
1beds
420sqft
Condominium
Built in 1925
-- sqft lot
$-- Zestimate®
$512/sqft
$638/mo HOA
What's special
Flooded with natural lightPristine new flooringLushly manicured groundsSleek modern kitchenHigh-efficiency induction cooktopElegantly refreshed bathroomCrisp white cabinetry
- 23 days
- 494
- 24
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Emily Schwitalla 786-566-3355,
RE/MAX Advance Realty II
Source: MIAMI,MLS#: A12069548
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Common Area
Features
- Flooring: Vinyl
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 420
- Total interior livable area: 420 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Entry location: First Floor Entry
- Exterior features: None
- Has view: Yes
- View description: Other
Details
- Parcel number: 0232341110050
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, CBS Construction
Condition
- Year built: 1925
Community & HOA
Community
- Security: Smoke Detector, Complex Fenced, Intercom In Lobby
- Application fee: $150
- Subdivision: Ohio Apartment Bldg Condo
HOA
- Has HOA: Yes
- Amenities included: Laundry
- HOA fee: $638 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $512/sqft
- Tax assessed value: $168,025
- Annual tax amount: $3,152
- Date on market: 8/12/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $215,000-4.4%$512/sqft |
Source:  MIAMI #A12069548 Report a problem | ||
| 8/12/2026 | Listed for sale | $225,000-1.7%$536/sqft |
Source: MIAMI #A12069548 Report a problem | ||
| 12/1/2025 | Listing removed | $229,000$545/sqft |
Source: MIAMI #A11839696 Report a problem | ||
| 11/21/2025 | Listed for sale | $229,000$545/sqft |
Source: MIAMI #A11839696 Report a problem | ||
| 10/23/2025 | Listing removed | $229,000$545/sqft |
Source: MIAMI #A11839696 Report a problem | ||
| 10/1/2025 | Price change | $229,000+4.6%$545/sqft |
Source: MIAMI #A11839696 Report a problem | ||
| 9/2/2025 | Listing removed | $1,890$5/sqft |
Source: MIAMI #A11771518 Report a problem | ||
| 8/22/2025 | Price change | $1,890-1.8%$5/sqft |
Source: MIAMI #A11771518 Report a problem | ||
| 8/21/2025 | Price change | $219,000-4.4%$521/sqft |
Source: MIAMI #A11839696 Report a problem | ||
| 8/6/2025 | Price change | $229,000-6.3%$545/sqft |
Source: MIAMI #A11839696 Report a problem | ||
| 7/25/2025 | Listed for sale | $244,500+8.7%$582/sqft |
Source: MIAMI #A11839696 Report a problem | ||
| 6/23/2025 | Price change | $1,925-3%$5/sqft |
Source: MIAMI #A11771518 Report a problem | ||
| 4/11/2025 | Price change | $1,985-9.8%$5/sqft |
Source: MIAMI #A11771518 Report a problem | ||
| 3/27/2025 | Listed for rent | $2,200+11.4%$5/sqft |
Source: MIAMI #A11771518 Report a problem | ||
| 4/18/2023 | Listing removed | -- |
Source: MIAMI #A11360215 Report a problem | ||
| 4/13/2023 | Price change | $1,975-14.1%$5/sqft |
Source: MIAMI #A11360215 Report a problem | ||
| 3/22/2023 | Listed for rent | $2,300+53.3%$5/sqft |
Source: MIAMI #A11360215 Report a problem | ||
| 9/19/2022 | Sold | $225,000$536/sqft |
Source: MIAMI #A11250912 Report a problem | ||
| 8/18/2022 | Pending sale | $225,000$536/sqft |
Source:  The Keyes Company/Realtors #A11250912 Report a problem | ||
| 8/18/2022 | Contingent | $225,000$536/sqft |
Source: MIAMI #A11250912 Report a problem | ||
| 8/6/2022 | Listed for sale | $225,000+60.7%$536/sqft |
Source: MIAMI #A11250912 Report a problem | ||
| 7/1/2021 | Listing removed | -- |
Source: The Keyes Company/Realtors Report a problem | ||
| 5/20/2021 | Listed for rent | $1,500+15.4%$4/sqft |
Source: The Keyes Company/Realtors #A11037572 Report a problem | ||
| 12/18/2020 | Listing removed | $1,300$3/sqft |
Source: The Keyes Company #A10927957 Report a problem | ||
| 11/9/2020 | Listed for rent | $1,300$3/sqft |
Source: The Keyes Company #A10927957 Report a problem | ||
| 2/11/2014 | Sold | $140,000+7.7%$333/sqft |
Source: Public Record Report a problem | ||
| 4/25/2013 | Sold | $130,000-31.6%$310/sqft |
Source:  MIAMI #A1726836 Report a problem | ||
| 4/25/2006 | Sold | $190,000+137.5%$452/sqft |
Source: Public Record Report a problem | ||
| 3/26/2002 | Sold | $80,000+39.1%$190/sqft |
Source: Public Record Report a problem | ||
| 2/3/1998 | Sold | $57,500$137/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,152 -6.2% | $168,025 -6% |
| 2024 | $3,359 +9.4% | $178,750 +10% |
| 2023 | $3,071 +30.7% | $162,500 +30% |
| 2022 | $2,349 +3% | $125,000 +7.6% |
| 2021 | $2,280 +11.5% | $116,160 +10% |
| 2020 | $2,044 -0.1% | $105,600 |
| 2019 | $2,046 -17.6% | $105,600 -20% |
| 2018 | $2,482 | $132,000 -10.7% |
| 2017 | $2,482 -11.9% | $147,876 +9.1% |
| 2016 | $2,816 +15.3% | $135,553 +10% |
| 2015 | $2,441 +7.3% | $123,230 +10% |
| 2014 | $2,276 +39% | $112,030 +27.3% |
| 2013 | $1,638 | $88,022 +10% |
| 2012 | $1,638 +99.4% | $80,020 |
| 2011 | $822 -5.4% | $80,020 |
| 2010 | $869 -49% | $80,020 -35% |
| 2009 | $1,704 -30.5% | $123,110 +1.3% |
| 2007 | $2,452 +0.3% | $121,555 |
| 2006 | $2,444 | -- |
| 2005 | $2,444 +17.8% | -- |
| 2004 | $2,076 +28.3% | -- |
| 2003 | $1,618 +29% | -- |
| 2002 | $1,254 | -- |
| 2001 | $1,254 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Flamingo Lummus
Nearby schools
Schools provided by the listing agent
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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