Skip main navigation
For sale
    • Price cut: $10K (9/1)
    $315,000

    1550 Drexel Ave APT 202, Miami Beach, FL 33139

    1beds
    580sqft
    : 
    $3,084/mo
    Get pre-qualified
    Condominium
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $543/sqft
    $867/mo HOA

    What's special

    Fully furnishedBeautifully renovated corner unitExpansive corner windowsFresh exterior paintingCharming street viewsBright and inviting atmosphereFilled with natural light
    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.
    107 days
    102
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Larisa Puscarenco 786-659-3177,

    Luxe Properties

    Source: MIAMI,MLS#: A12023951MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
      • Laundry: Common Area
      Features
      • Closet Cabinetry
      • Flooring: Tile
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 580
      • Total interior livable area: 580 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Entry location: Second Floor Entry
      • Exterior features: None
      • Has view: Yes
      • View description: Garden
      Details
      • Parcel number: 0232341110040

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 1925

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Security: Smoke Detector, Complex Fenced, Card Entry
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: Ohio Apartment Bldg Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Exterior Lighting
      • HOA fee: $867 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $543/sqft
      • Tax assessed value: $195,426
      • Annual tax amount: $3,480
      • Date on market: 5/22/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/1/2026Price change$315,000-3.1%$543/sqft
        Source: MIAMI #A12023951 Report a problem
        8/3/2026Price change$325,000-1.5%$560/sqft
        Source: MIAMI #A12023951 Report a problem
        6/26/2026Price change$330,000-1.5%$569/sqft
        Source: MIAMI #A12023951 Report a problem
        5/22/2026Listed for sale$335,000+91.4%$578/sqft
        Source: MIAMI #A12023951 Report a problem
        10/13/2021Sold$175,000-5.2%$302/sqft
        Source: MIAMI #A11095829 Report a problem
        9/19/2021Contingent$184,599$318/sqft
        Source: MIAMI #A11095829 Report a problem
        9/9/2021Listed for sale$184,599+27.4%$318/sqft
        Source: MIAMI #A11095829 Report a problem
        11/21/2013Listing removed$1,425$2/sqft
        Source: Emporio Real Estate Report a problem
        10/15/2013Listed for rent$1,425-1.7%$2/sqft
        Source: Gary Hennes, REALTORS #A1855763 Report a problem
        9/23/2012Listing removed$1,450$3/sqft
        Source: Gary Hennes, REALTORS #A1683128 Report a problem
        8/31/2012Listed for rent$1,450$3/sqft
        Source: Gary Hennes, REALTORS #A1683128 Report a problem
        1/29/2009Sold$144,900-21.7%$250/sqft
        Source: Public Record Report a problem
        12/13/2004Sold$185,000+26.7%$319/sqft
        Source: Public Record Report a problem
        9/9/2003Sold$146,000+39%$252/sqft
        Source: Public Record Report a problem
        4/2/2002Sold$105,000+53.3%$181/sqft
        Source: Public Record Report a problem
        3/15/1999Sold$68,500$118/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,666 +59.7%$195,426 +19.6%
        2024$2,296 +3.4%$163,378 +3%
        2023$2,220 +4.8%$158,620 +3%
        2022$2,119 -26.3%$154,000 +5.2%
        2021$2,874 +11.5%$146,410 +10%
        2020$2,577 -12.1%$133,100 -12%
        2019$2,930 -17.6%$151,200 -20%
        2018$3,554 $189,025 +2.1%
        2017$3,554 -4.3%$185,094 +10%
        2016$3,716 +15.6%$168,268 +10%
        2015$3,214 +7.1%$152,971 +10%
        2014$3,000 +27.5%$139,065 +10%
        2013$2,353 $126,423 +10%
        2012$2,353 -1.1%$114,930
        2011$2,379 -6.2%$114,930
        2010$2,536 -30.3%$114,930 -35%
        2009$3,637 -14.3%$176,820 -16%
        2007$4,247 +21%$210,495
        2006$3,510 --
        2005$3,510 +17.8%--
        2004$2,981 +57.9%--
        2003$1,888 +23.6%--
        2002$1,528 --
        2001$1,528 --
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        97 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Miami Beach Topics

                Search
                Updates
                Favorites
                Plan
                Inbox