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$225,000
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Property Description
Experience South Beach living at its finest in this beautifully updated Art Deco sanctuary, nestled within an exclusive, intimate 16-unit boutique community. Flooded with natural light, this move-in-ready 1-bedroom residence showcases pristine new flooring, modern central A/C, and a spacious walk-in closet. The sleek, modern kitchen boasts crisp white cabinetry, a high-efficiency induction cooktop, and flows seamlessly into an elegantly refreshed bathroom. Unbeatable location meets extraordinary investment potential: walk just steps to world-class dining, shopping, and nightlife along Lincoln Road, historic Española Way, iconic Ocean Drive, and the sparkling ocean shoreline. Low HOA fees conveniently cover building insurance, water, and trash. Complete with lushly manicured grounds, a pet-friendly policy, and flexible 3-month minimum rental terms, this rare turnkey gem offers the ultimate blend of lifestyle, location, and value.
Full Property Details
Full Property Details for 1550 Drexel Ave #103
General
- Price: $225,000
- HOA FEE: $638/month
- Taxes: $3,152 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12069548
- Updated: 8/12/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: First Floor Entry, No Additional Rooms
- Appliances: Electric Range, Refrigerator
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom: Combination Tub & Shower
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Entry Level
Other Rooms
- Living Room: No Additional Rooms Sq. Ft.
- Laundry: Common Area
Additional Information
- Shared Amenities: Laundry
- Maint. Includes: Building Exterior, Common Area, Hot Water, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Sewer, Trash Removal, Water
- Security/Safety: Smoke Detector, Complex Fenced, Intercom In Lobby
Exterior
- Exterior Features: None
Parking
- Parking Features: On Street
Location
- Area: Ohio Apartment Bldg Condo
- County: Miami-Dade County
- Subdivision: OHIO APARTMENT BLDG CONDO
- Building Name: Ohio Department
School Information
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: Ohio Apartment Bldg Condo
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Brick, CBS Construction
- Entry Floor Number: 1
- Building Size: 420
- Square Feet: 420
- Living Area: 420 Sq. Ft.
- Year Built: 1925
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $535.71
- Association Fee: $638
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,152
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: OHIO APARTMENT BLDG CONDO UNIT 103 UNDIV 5.42% INT IN COMMON ELEMENTS OFF REC 17916-2715 OR 20291-1824 0302 1 COC 24458-3803 04 2006 1
- Restrictions: No Daily Rentals
- Property ID: 02-32-34-111-0050
Listed by RE/MAX Advance Realty II
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Schools
Schools serving 1550 Drexel Ave #103
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.7 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 1550 Drexel Ave #103
Date
Details
Price
Change
Source
8/12/2026
Listed
$225,000
—
MLS
9/16/2022
Sold
$225,000
—
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 1550 Drexel Ave #103
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,152
-6%
$168,025
-6%
2024
$3,359
9%
$178,750
10%
2023
$3,071
31%
$162,500
30%
2022
$2,349
3%
$125,000
3%
2021
$2,280
12%
$121,400
15%
2020
$2,044
—
$105,600
—
2019
$2,046
-18%
$105,600
-20%
2018
$2,482
-12%
$132,000
-11%
2017
$2,816
3%
$147,876
9%
2016
$2,723
12%
$135,553
10%
2015
$2,441
7%
$123,230
10%
2014
$2,276
26%
$112,030
27%
2013
$1,803
—
$88,022
—
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 1550 Drexel Ave #103
1550 Drexel Ave #103, Miami Beach, FL 33139 (MLS# A12069548) is a Condo property with 1 bedroom and 1 full bathroom. 1550 Drexel Ave #103 is currently listed for $225,000 and was received on August 12, 2026. Want to learn more about 1550 Drexel Ave #103? 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.

