1550 Drexel Ave 103, Miami Beach, FL

$229,000

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1

Bed

1

Bath

420

Square feet

About 1550 Drexel Ave 103

Upgraded 1 bed/1 bath condo in a boutique 16-unit Art Deco building, steps from Lincoln Rd, Española Way & the beach! Move-in ready with new floors, sleek white kitchen, SS appliances, induction cooktop, updated bath & walk-in closet. Investor’s gem—rented at $1,800/mo through Sept 2026, generating $21,600/yr with a solid 5% +cap rate. HOA $506/mo covers insurance, water & trash, keeping expenses low and returns strong. Enjoy central A/C, manicured grounds & unbeatable walkability to dining, shopping, nightlife & Ocean Dr. Pet-friendly, 3-month minimum rentals allowed. Perfect pied-à-terre or cash-flowing investment. Aggressively priced!

Features of 1550 Drexel Ave 103

MLS® # A11839696
USD $229,000
CAD $321,184
CNY 元1,632,094
EUR €196,389
GBP £170,552
RUB ₽18,563,427
HOA Fees $536
Bedrooms 1
Bathrooms 1.00
Full Baths 1
Acres 0.00
Year Built 1925
Type Residential
Sub-Type Condominium
Style Garden Apartment
Status Active

Community Information

Address 1550 Drexel Ave 103
Area 32
Subdivision OHIO APARTMENT BLDG CONDO
City Miami Beach
County Miami-Dade
State FL
Zip Code 33139-7920

Amenities

Amenities Laundry, None
Parking On Street
View Other
Is Waterfront No
Has Pool No
Pets Allowed SizeLimit,Yes

Interior

Interior Laminate
Appliances Refrigerator
Heating Central
Cooling Central Air
Fireplace No

Exterior

Exterior Features Courtyard
Windows Blinds
Construction Block

Additional Information

Date Listed July 25th, 2025
Days on Market 68
HOA Fees 536
HOA Fees Freq. Monthly
Parcel ID 02-32-34-111-0050

Listing Details

OfficeLG Realty Group Inc.
Emailinfo@lg-realtygroup.com

Listing Map

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