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For sale
  • Price cut: $6K (6/16)
    $319,000

    1550 Drexel Ave APT 207, Miami Beach, FL 33139

    1beds
    550sqft
    : 
    $3,051/mo
    Get pre-qualified
    Condominium
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $580/sqft
    $850/mo HOA

    What's special

    Beautifully furnishedFully remodeledCompletely renovated kitchenUpdated appliancesNew quartz countertopsFully upgraded bathroomIn-unit washer and dryer
    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.
    105 days
    |
    76
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Aldo Massaglia 786-556-9666,

    AG Real Estate Advisors, LLC

    Source: MIAMI,MLS#: A12000602MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Heat Pump/Reverse Cycle
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 550
      • Total interior livable area: 550 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Features
      • Entry location: Second Floor Entry
      • Exterior features: Courtyard
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden
      Details
      • Parcel number: 0232341110140
      • Other equipment: Intercom

      Construction

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

      Utilities & green energy

      • Electric: Circuit Breakers

      Community & HOA

      Community
      • Security: Complex Fenced, Phone Entry
      • Application fee: $150
      • Pet fee: $150
      • Subdivision: Ohio Apartment Bldg Condo
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • HOA fee: $850 monthly
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $580/sqft
      • Tax assessed value: $193,255
      • Annual tax amount: $3,480
      • Date on market: 4/14/2026
      • Listing terms: Cash
      • Ownership: Limited Partnership

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/16/2026Price change$319,000-1.8%$580/sqft
        Source: MIAMI #A12000602 Report a problem
        4/14/2026Listed for sale$325,000+41.3%$591/sqft
        Source: MIAMI #A12000602 Report a problem
        3/16/2026Listing removed$2,395$4/sqft
        Source: MIAMI #A11966002 Report a problem
        2/16/2026Listed for rent$2,395+4.1%$4/sqft
        Source: MIAMI #A11966002 Report a problem
        12/10/2025Listing removed$2,300$4/sqft
        Source: MIAMI #A11900554 Report a problem
        11/24/2025Price change$2,300-3.8%$4/sqft
        Source: MIAMI #A11900554 Report a problem
        11/15/2025Price change$2,390-2.4%$4/sqft
        Source: MIAMI #A11900554 Report a problem
        10/31/2025Listed for rent$2,450+2.1%$4/sqft
        Source: MIAMI #A11900554 Report a problem
        12/14/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/25/2023Listed for rent$2,400+84.6%$4/sqft
        Source: MIAMI #A11490903 Report a problem
        6/12/2023Sold$230,000-6.9%$418/sqft
        Source: MIAMI #A11267587 Report a problem
        4/14/2023Pending sale$247,000$449/sqft
        Source: The Keyes Company/Realtors #A11267587 Report a problem
        4/14/2023Contingent$247,000$449/sqft
        Source: MIAMI #A11267587 Report a problem
        9/13/2022Listed for sale$247,000+243.1%$449/sqft
        Source: MIAMI #A11267587 Report a problem
        7/1/2020Listing removed$1,300$2/sqft
        Source: Miami Beach #A10832612 Report a problem
        6/2/2020Price change$1,300-7.1%$2/sqft
        Source: Miami Beach #A10832612 Report a problem
        3/31/2020Listed for rent$1,400+3.7%$3/sqft
        Source: The Keyes Company #A10832612 Report a problem
        3/28/2019Listing removed$1,350$2/sqft
        Source: Eleonora Depalma PA Report a problem
        3/4/2019Listed for rent$1,350$2/sqft
        Source: The Keyes Company #A10624826 Report a problem
        5/12/1999Sold$72,000+5.1%$131/sqft
        Source: Public Record Report a problem
        3/25/1998Sold$68,500$125/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,626 -6.2%$193,255 -6%
        2024$3,863 +6.9%$205,590 +21.4%
        2023$3,614 +24.9%$169,400 +10%
        2022$2,894 +4.6%$154,000 +9.2%
        2021$2,768 +11.5%$141,020 +10%
        2020$2,482 -0.1%$128,200
        2019$2,484 -17.6%$128,200 -20%
        2018$3,013 $160,253 +2.1%
        2017$3,013 -4.3%$156,927 +10%
        2016$3,150 +15.6%$142,661 +10%
        2015$2,724 +7.1%$129,692 +10%
        2014$2,543 +27.5%$117,902 +10%
        2013$1,995 $107,184 +10%
        2012$1,995 -1.1%$97,440
        2011$2,017 -6.2%$97,440
        2010$2,150 -30.3%$97,440 -35%
        2009$3,084 -14.4%$149,910 -16%
        2007$3,600 +21%$178,465
        2006$2,976 --
        2005$2,976 +17.7%--
        2004$2,528 +28.3%--
        2003$1,970 +29%--
        2002$1,528 --
        2001$1,528 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        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.

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