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$245,000 -$10,000 (-3.92%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 1 Full Bath
  • 515 Sq. Ft.
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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 for 1340 Drexel Ave #406

General

  • Price: $245,000
  • HOA FEE: $412/month
  • Taxes: $3,642 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11932789
  • Updated: 3/13/2026
  • Added to Site: 121 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.: $475.73
  • 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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Listing agent

— 1340 Drexel Ave #406 —

  • AG Real Estate Advisors, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1340 Drexel Ave #406

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.1 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.1 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1340 Drexel Ave #406 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/13/2026
Price Reduced
$245,000
-3.92%
MLS
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
Get Price Alerts and Save Property
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 for 1340 Drexel Ave #406

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,793
3%
$202,193
—
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
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by AG Real Estate Advisors, LLC

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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 $245,000 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.

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