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For sale
    • $225,000

    1550 Drexel Ave APT 103, Miami Beach, FL 33139

    1beds
    420sqft
    : 
    $2,191/mo
    Get pre-qualified
    Condominium
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $536/sqft
    $638/mo HOA

    What's special

    Flooded with natural lightPristine new flooringLushly manicured groundsSleek modern kitchenHigh-efficiency induction cooktopElegantly refreshed bathroomCrisp white cabinetry
    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.
    2 days
    |
    289
    |
    11
    |

    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#: A12069548MLS 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: 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: $536/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

        DateEventPrice
        8/12/2026Listed for sale$225,000-1.7%$536/sqft
        Source: MIAMI #A12069548 Report a problem
        12/1/2025Listing removed$229,000$545/sqft
        Source: MIAMI #A11839696 Report a problem
        11/21/2025Listed for sale$229,000$545/sqft
        Source: MIAMI #A11839696 Report a problem
        10/23/2025Listing removed$229,000$545/sqft
        Source: MIAMI #A11839696 Report a problem
        10/1/2025Price change$229,000+4.6%$545/sqft
        Source: MIAMI #A11839696 Report a problem
        9/2/2025Listing removed$1,890$5/sqft
        Source: MIAMI #A11771518 Report a problem
        8/22/2025Price change$1,890-1.8%$5/sqft
        Source: MIAMI #A11771518 Report a problem
        8/21/2025Price change$219,000-4.4%$521/sqft
        Source: MIAMI #A11839696 Report a problem
        8/6/2025Price change$229,000-6.3%$545/sqft
        Source: MIAMI #A11839696 Report a problem
        7/25/2025Listed for sale$244,500+8.7%$582/sqft
        Source: MIAMI #A11839696 Report a problem
        6/23/2025Price change$1,925-3%$5/sqft
        Source: MIAMI #A11771518 Report a problem
        4/11/2025Price change$1,985-9.8%$5/sqft
        Source: MIAMI #A11771518 Report a problem
        3/27/2025Listed for rent$2,200+11.4%$5/sqft
        Source: MIAMI #A11771518 Report a problem
        4/18/2023Listing removed--
        Source: MIAMI #A11360215 Report a problem
        4/13/2023Price change$1,975-14.1%$5/sqft
        Source: MIAMI #A11360215 Report a problem
        3/22/2023Listed for rent$2,300+53.3%$5/sqft
        Source: MIAMI #A11360215 Report a problem
        9/19/2022Sold$225,000$536/sqft
        Source: MIAMI #A11250912 Report a problem
        8/18/2022Pending sale$225,000$536/sqft
        Source: The Keyes Company/Realtors #A11250912 Report a problem
        8/18/2022Contingent$225,000$536/sqft
        Source: MIAMI #A11250912 Report a problem
        8/6/2022Listed for sale$225,000+60.7%$536/sqft
        Source: MIAMI #A11250912 Report a problem
        7/1/2021Listing removed--
        Source: The Keyes Company/Realtors Report a problem
        5/20/2021Listed for rent$1,500+15.4%$4/sqft
        Source: The Keyes Company/Realtors #A11037572 Report a problem
        12/18/2020Listing removed$1,300$3/sqft
        Source: The Keyes Company #A10927957 Report a problem
        11/9/2020Price change$1,300-7.1%$3/sqft
        Source: The Keyes Company #A10927957 Report a problem
        10/16/2020Listed for rent$1,400$3/sqft
        Source: Miami Beach #A10927957 Report a problem
        2/11/2014Sold$140,000+7.7%$333/sqft
        Source: Public Record Report a problem
        4/25/2013Sold$130,000-31.6%$310/sqft
        Source: MIAMI #A1726836 Report a problem
        4/25/2006Sold$190,000+137.5%$452/sqft
        Source: Public Record Report a problem
        3/26/2002Sold$80,000+39.1%$190/sqft
        Source: Public Record Report a problem
        2/3/1998Sold$57,500$137/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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.
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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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