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1340 Drexel Ave 406Miami Beach, FL 33139

For Sale

$245,000

Smart Buyer Rebate - Ask

C A S H O N L Y - This RARE “HEART OF SOUTH BEACH STUDIO GEM" is in a recently renovated Art Deco privately gated and secure modern complex. Quality cherry hardwood floors, stainless steel kitchen and appliances, central AC, modern bath with shower, private washer / dryer inside the unit. Close to the beach, the public pool and tennis courts and a gorgeously landscaped courtyard with greenery, a fountain, lounge chairs and tables to relax. Very bright and in excellent condition, new central AC unit.
Landlord to pay in full any special assestment at closing. TENANT OCCUPIED @ $ 1800 PER MONTH.

Listed by Aldo Massaglia

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License #3115822

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AG Real Estate Advisors, LLC

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786-556-9666

Last updated March 13, 2026

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Source: MIAMIRE #A11932789

Listing Facts

  • TypeCondo
  • NeighborhoodFlamingo-Lummus
  • Bathrooms1
  • Days on Prevu89
  • HOA/Maint. Fees$412/month
  • Taxes$3,642/year
  • Size515 sqft
  • Price per sqft$476

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning

Location

Mortgage Calculator

Listing History

03/13/2026
Price Decreased
$245,000
02/08/2026
Price Decreased
$255,000
01/20/2026
Price Decreased
$260,000
12/18/2025
Listed by AG Real Estate Advisors, LLC
$265,000

Property Details for 1340 Drexel Ave 406

Association

Amenities

  • Pets Allowed: Maximum 20 Lbs

Fees

  • Association Fee: $412.00 Monthly
  • Association Fee Includes: Building Exterior, Common Area, Landscaping/Lawn Maintenance, Reserve Fund, Sewer, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 2
  • Structure Type: Condo 1-4 Stories, Condo
  • Window Features: Hurricane Shutters
  • Year Built: 1949
  • Year Built Details: Resale
  • Building Name: RETREAT CONDO
  • Construction Materials: CBS Construction, Other
  • Entry Level: 2
  • Exterior Features: Exterior Cat Walk, Courtyard

Features

  • Fencing: Fenced
  • View: Garden View

Measurements

  • Building Area Total: 515
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-34-192-0240
  • Tax Annual Amount: $3,642.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Refrigerator, Washer
  • Flooring: Wood
  • Interior Features: Second Floor Entry

Measurements

  • Living Area: 515
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1

Other

Location

  • Subdivision Name: RETREAT CONDO

Parking

Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Heat Pump/Reverse Cycle
  • Has Heating: Yes
  • Other Equipment: Intercom

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is bedrooms and 1 bathroom in this condo at 1340 Drexel Ave 406.

Are pets allowed at 1340 Drexel Ave?

Yes, 1340 Drexel Ave allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 1340 Drexel Ave 406?

Annual taxes for this condo are estimated at $3,642.

How does 1340 Drexel Ave 406 compare to other condos in Flamingo-Lummus?

This condo is listed 68% below the average price for condos in Flamingo-Lummus and has been on the market for 32 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the RETREAT CONDO building.

What is the square footage on this condo?

According to the MLS, this listing is 515 sqft.

1340 Drexel Ave 406 is a -bedroom, 1-bath condo for sale in Miami Beach FL 33139. On Prevu for 89 days at $245,000. This includes a recent price decrease of $10,000. This property features 515 square feet of living space, located in Flamingo-Lummus. The median listing price for condos in this area is $319,000. Property amenities include dishwasher, pets allowed, air conditioning, and washer/dryer. Explore more condo listings in Miami Beach.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.