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$255,000
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Property Description
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.
Full Property Details
Full Property Details for 1340 Drexel Ave #406
General
- Price: $255,000
- HOA FEE: $412/month
- Taxes: $3,642 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11932789
- Updated: 2/8/2026
- Added to Site: 75 day(s) ago
Interior
- Interior Features: Second Floor Entry
- Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Refrigerator, Washer
- Furnishings: Partially, Furniture Negotiable
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Shower Only
Bedrooms
- Bedroom Features: Entry Level, Studio
Additional Information
- Shared Amenities: None
- Maint. Includes: Building Exterior, Common Area, Landscaping/Lawn Maintenance, Reserve Fund, Sewer, Trash Removal, Water
- Security/Safety: Smoke Detector, Complex Fenced, Phone Entry, TV Camera
- Equipment: Intercom
Exterior
- Exterior Features: Exterior Cat Walk, Courtyard
Parking
- Parking Features: On Street
Location
- Area: Retreat Condo
- County: Miami-Dade County
- Subdivision: RETREAT CONDO
- Building Name: RETREAT CONDO
Community
- Community Name: Retreat Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Heat Pump/Reverse Cycle
Structural Information
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction, Other
- Windows: Hurricane Shutters
- Entry Floor Number: 2
- Building Size: 515
- Square Feet: 515
- Living Area: 515 Sq. Ft.
- Year Built: 1949
Lot Features
- Property View: Garden View
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $495.15
- Association Fee: $412
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,642
- Tax Year: 2025
- Terms: Cash
Disclosures and Reports
- Legal Description: RETREAT CONDO UNIT 406 BLDG 1340 UNDIV 515/18972 INT IN COMMON ELEMENTS OFF REC 25041-3928 COC 26043-0001 10 2007 1
- Restrictions: No Daily Rentals, Okay To Lease 1st Year
- Property ID: 02-32-34-192-0240
Listed by AG Real Estate Advisors, LLC
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Schools
Schools serving 1340 Drexel Ave #406
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.1 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.1 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1340 Drexel Ave #406
Date
Details
Price
Change
Source
2/08/2026
Price Reduced
$255,000
-1.92%
MLS
1/20/2026
Price Reduced
$260,000
-1.89%
MLS
12/18/2025
Listed
$265,000
44.02%
MLS
2/11/2022
Sold
$184,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1340 Drexel Ave #406
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,692
11%
$202,193
15%
2023
$3,322
39%
$175,820
42%
2021
$2,386
-10%
$123,600
-17%
2022
$2,641
11%
$149,000
-4%
2021
$2,386
-20%
$154,500
—
2019
$2,994
11%
$154,500
8%
2018
$2,690
-5%
$143,033
-10%
2017
$2,842
4%
$158,926
22%
2016
$2,744
1%
$130,595
10%
2015
$2,722
24%
$118,723
10%
2014
$2,193
30%
$107,930
30%
2013
$1,688
—
$83,020
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1340 Drexel Ave #406
1340 Drexel Ave #406, Miami Beach, FL 33139 (MLS# A11932789) is a Condo property with 0 bedrooms and 1 full bathroom. 1340 Drexel Ave #406 is currently listed for $255,000 and was received on December 18, 2025. Want to learn more about 1340 Drexel Ave #406? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

