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$335,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 580 Sq. Ft.
  • Updated 17 hours ago
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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.

Full Property Details for 1550 Drexel Ave #202

General

  • Price: $335,000
  • HOA FEE: $867/month
  • Taxes: $3,480 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12023951
  • Updated: 5/22/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Second Floor Entry, Closet Cabinetry
  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: Exterior Lighting
  • Maint. Includes: Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Legal/Accounting, Outside Maintenance, Sewer, Trash Removal, Water
  • Security/Safety: Smoke Detector, Complex Fenced, Card Entry

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 CONDO

School Information

  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Ohio Apartment Bldg Condo
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: Corner Unit, Garden Apartment
  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Entry Floor Number: 2
  • Building Size: 580
  • Square Feet: 580
  • Living Area: 580 Sq. Ft.
  • Year Built: 1925

Lot Features

  • Property View: Garden View

Financial Considerations

  • Price Per Sq. Ft.: $577.59
  • Association Fee: $867
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,480
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: OHIO APARTMENT BLDG CONDO UNIT 202 UNDIV 7.364% INT IN COMMON ELEMENTS OFF REC 17916-2715 OR 20304-4466 0302 1 COC 26288-3126 26429-1642 030
  • Restrictions: Okay To Lease 1st Year
  • Property ID: 02-32-34-111-0040

Listed by Luxe Properties

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— 1550 Drexel Ave #202 —

  • Luxe Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1550 Drexel Ave #202

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.2 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-81.8 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-120.7 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 #202 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/22/2026
Listed
$335,000
91.43%
MLS
10/12/2021
Sold
$175,000
—
Public Record
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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 1550 Drexel Ave #202

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,666
60%
$195,426
20%
2024
$2,296
3%
$163,378
3%
2023
$2,220
-23%
$158,620
4%
2021
$2,874
36%
$153,100
-1%
2022
$2,119
-26%
$154,000
16%
2021
$2,874
-2%
$133,100
-12%
2019
$2,930
-18%
$151,200
-20%
2018
$3,554
-4%
$189,025
-11%
2017
$3,716
3%
$212,388
26%
2016
$3,592
12%
$168,268
10%
2015
$3,214
7%
$152,971
10%
2014
$3,000
16%
$139,065
10%
2013
$2,589
—
$126,423
—
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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1550 Drexel Ave #202, Miami Beach, FL 33139 (MLS# A12023951) is a Condo property with 1 bedroom and 1 full bathroom. 1550 Drexel Ave #202 is currently listed for $335,000 and was received on May 22, 2026. Want to learn more about 1550 Drexel Ave #202? 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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