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1550 Drexel Ave 202Miami Beach, FL 33139

For Sale

$300,000

Smart Buyer Rebate $2,500

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.

Listed by Larisa Puscarenco

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License #3409502

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Luxe Properties

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7866593177

Last updated September 09, 2026

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Source: MIAMIRE #A12023951

Listing Facts

  • TypeCondo
  • NeighborhoodFlamingo-Lummus
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu116
  • HOA/Maint. Fees$867/month
  • Taxes$3,480/year
  • Size580 sqft
  • Price per sqft$517

Amenities

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

Location

Mortgage Calculator

Listing History

09/10/2026
Price Decreased
$300,000
09/02/2026
Price Decreased
$315,000
05/22/2026
Listed by Luxe Properties
$325,000
  1. 09/10/2026$300,000
    Price Decreased
  2. 09/02/2026$315,000
    Price Decreased
  3. 05/22/2026$325,000
    Listed by Luxe Properties

Property Details for 1550 Drexel Ave 202

Association

Amenities

  • Association Amenities: Laundry
  • Pets Allowed: Size Limit, Yes

Fees

  • Association Fee: $867.00 Monthly
  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1925
  • Year Built Details: Effective Year Built
  • Architectural Style: Garden Apartment
  • Construction Materials: Block
  • Entry Level: 2
  • Entry Location: 2

Features

  • Building Features: Exterior Lighting
  • View: Garden

Measurements

  • Building Area Total: 580
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-34-111-0040
  • Tax Annual Amount: $3,480.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 580

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: OHIO APARTMENT BLDG CONDO

Parking

Parking

  • Parking Features: On Street

Schools

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 1550 Drexel Ave 202.

What schools are nearby to 1550 Drexel Ave 202?

Nearby schools include the Nautilus Middle School and Miami Beach High School.

Are pets allowed at 1550 Drexel Ave?

Yes, 1550 Drexel Ave allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 1550 Drexel Ave 202?

Annual taxes for this condo are estimated at $3,480.

How does 1550 Drexel Ave 202 compare to other condos in Flamingo-Lummus?

This condo is listed 72% below the average price for condos in Flamingo-Lummus and has been on the market for 0 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 580 sqft.

1550 Drexel Ave 202 is a 1-bedroom, 1-bath condo for sale in Miami Beach FL 33139. Available on Prevu for 116 days at $300,000. This includes a recent price decrease of $15,000. This property features 580 square feet of living space, located in Flamingo-Lummus. The median listing price for condos in this area is $317,500. Nearby schools include Nautilus Middle School and Miami Beach High School. 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.