1550 Drexel Avenue 103, Miami Beach, FL 33139

New Listing

$225,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12069548

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 420 Status: Active

Current Price: $225,000 List Date: 8/12/2026 Last Modified: 8/13/2026

Overview

Description

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.

Listing Details MLS# A12069548

General Property Information

Unit Floor #: Yes
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 420
Living Area Main: 420
Adjusted Area Main: 420
Year Built: 1925
Senior Community YN: No
Stories Total: 2

Property Features

Application Information: 1-2 Weeks Approval; Association Approval Required Association Fee Includes: Common Areas; Hot Water; Insurance; Maintenance Grounds; Maintenance Structure; Sewer; Trash; Water Exterior Features: None Flooring: Vinyl Parking Features: On Street Property Condition: Resale Appliances: Electric Range; Refrigerator Construction Materials: Brick; CBS Cooling: Central Air Association Type: Homeowner Association Heating: Central Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Other Security Features: Entry - Phone/Intercom; Security Fence; Smoke Detector(s) Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit View: Other

Contract Information

Comp Sale YN: No
Original List Price: 225000
Occupant Type: Tenant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1550
Street Name: Drexel
Street Suffix: Avenue
Unit Number: 103
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 7920
Postal Zip: 33139
Subdivision Name: OHIO APARTMENT BLDG CONDO
Area: 2320
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Parcel Number: 0232341110050
Subdivision Number: 111
Flood Zone: AE

Financial Information

Association YN: Yes
Association Fee: 638
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 638
Membership Fee Required YN: No
Tax Annual Amount: 3152
Tax Year: 2025
Tax Legal Description: OHIO APARTMENT BLDG CONDO UNIT 103 UNDIV 5.42% INT IN COMMON ELEMENTS OFF REC 17916-2715 OR 20291-1824 0302 1 COC 24458-3803 04 2006 1

Status Change Information

Major Change Timestamp: 2026-08-12T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-12

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 535.71

Section Details

Parcel Number MLX: 0050

Originating Details

Originating System Key: 547982967
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Laundry: Yes
Management: Yes

Association Fee Includes

Common Areas: Yes
Hot Water: Yes
Insurance: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Exterior Features

None: Yes

Flooring

Vinyl: Yes

Parking Features

On Street: Yes

Property Condition

Resale: Yes

Possession

Other: Yes

Special Information

Sold As-Is: Yes

View

Other: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes

Appliances

Electric Range: Yes
Refrigerator: Yes

Construction Materials

Brick: Yes
CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Entry - Phone/Intercom: Yes
Security Fence: Yes
Smoke Detector(s): Yes

Cooling

Central Air: Yes

Association Type

Homeowner Association: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes
Combo Tub/Shower: Yes

Pets Allowed YN

Yes: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Listing Office: RE/MAX Advance Realty II

Last Updated: August - 13 - 2026

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1550 Drexel Avenue 103, Miami Beach, FL 33139 (MLS# A12069548)