RENTED AUG 15, 2025

1550 Drexel Ave Unit 102 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $241,816 - $294,000

1 Bed
1 Bath
580 Sq Ft
1925 Built

Sale Details

Date Sold: November 17, 2023

Last sale price $257,000 $443 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,752 / mo

Highlights

  • Building Security
  • No HOA
  • Central Heating
  • Marble Flooring
  • Card or Code Access
  • 4-minute walk to SoundScape Park

About This Home

As of August 2025

Charming corner unit nestled among lush trees, offering abundant natural light throughout. Located just 1 block from Lincoln Road and Espanola Way, and only 2 blocks from Ocean Drive and the stunning beaches of South Beach — the ultimate location for enjoying the best of Miami’s lifestyle, nightlife, and dining. apartment features:
Washer & dryer in-unit- Elegant travertine floors in the living area- Warm wood flooring in the bedroom -
Surrounded by greenery in a classic Art Deco building You won’t find a better location to settle into the vibrant heart of South Beach!

Last Agent to Rent the Property

Viviana Laver

Elite Sales Group License #3207773 Listed on: 07/16/2025

Co-Listed By

Agustina Valdovinos Gimenez

MMLS Assoc.-Inactive Member License #3337301

Last Renter's Agent

Ty Forkner

One Sotheby's International Realty License #3087726

One Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 580 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Parking Garage Space
  • Open Parking

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 9/1/25
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 02-32-34-111-0030

Community Details

Overview

  • No Home Owners Association
  • Ohio Apartment Bldg Condo
  • Ohio Apartment Bldg Condo Subdivision

Pet Policy

  • No Pets Allowed

Security

  • Building Security
  • Card or Code Access
  • Complex Is Fenced

Condo Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-09-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry
  • Co List Office Mls Id: ELSG01
  • Co List Office Phone: 305-554-1544
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: OHIO APARTMENT BLDG CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 580
  • Stories: 2

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OHIO APARTMENT BLDG CONDO
  • Open Parking: Yes
  • Parking Features: Parking Garage, On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Building Security, Complex Fenced

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-34-111-0030
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 3900

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 17, 2023
Sold by
Bought by
Seller's Agent
Todd Nordstrom
Compass Florida, LLC
Buyer's Agent
Viviana Laver
Elite Sales Group
List Price
$265,000
Sold Price
$257,000
Premium/Discount to List
-$8,000
-3.02%
Views
52
Current Estimated Value
$259,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,704
Avg. Annual Appreciation
0.39%

Purchase Details

Listed on
Dec 29, 2020
Closed on
May 4, 2021
Sold by
Bought by
Seller's Agent
Roger Pereira
MMLS Assoc.-Inactive Member
Buyer's Agent
Todd Nordstrom
Compass Florida, LLC
List Price
$188,500
Sold Price
$173,500
Premium/Discount to List
-$15,000
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.73%
Original Mortgage
$121,450
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2021
Sold by
Bought by

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jun 18, 2019
Sold by
Bought by
Seller's Agent
Scott Klein
MMLS Assoc.-Inactive Member
Buyer's Agent
Roger Pereira
MMLS Assoc.-Inactive Member
List Price
$179,500
Sold Price
$168,000
Premium/Discount to List
-$11,500
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$117,600
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
0.055%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
0.0603%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$257,000 Florida Title & Trust
$173,500 Clear Title Services Inc
$173,500 Clear Title
$25,000 Attorney
$168,000 Attorney
-- Attorney
-- Attorney
$255,000 Attorney
$230,000 --
$149,000 --
$99,000 --
$74,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $121,450
Previous Owner $117,600
Previous Owner $184,000
Previous Owner $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2025 08/15/25 Rented $2,100 -4.5% --
07/26/2025 07/26/25 Under Contract -- -- --
07/16/2025 07/16/25 For Rent $2,200 0.0% --
02/05/2024 02/05/24 Rented $2,200 -4.3% --
01/27/2024 01/27/24 Under Contract -- -- --
01/02/2024 01/02/24 For Rent $2,300 0.0% --
11/17/2023 11/17/23 Sold $257,000 -3.0% $443 / Sq Ft View Prior Sale
11/02/2023 11/02/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $265,000 +52.7% $457 / Sq Ft
05/04/2021 05/04/21 Sold $173,500 -3.3% $299 / Sq Ft View Prior Sale
02/02/2021 02/02/21 Price Changed $179,500 -4.8% $309 / Sq Ft
12/28/2020 12/28/20 For Sale $188,500 0.0% $325 / Sq Ft
01/15/2020 01/15/20 Rented $1,650 -2.9% --
01/13/2020 01/13/20 Under Contract -- -- --
12/30/2019 12/30/19 Price Changed $1,700 -5.6% $3 / Sq Ft
12/09/2019 12/09/19 For Rent $1,800 0.0% --
06/18/2019 06/18/19 Sold $168,000 -6.4% $290 / Sq Ft View Prior Sale
05/07/2019 05/07/19 Pending -- -- --
04/30/2019 04/30/19 Price Changed $179,500 0.0% $309 / Sq Ft
04/30/2019 04/30/19 For Sale $179,500 +6.8% $309 / Sq Ft
04/26/2019 04/26/19 Off Market $168,000 -- --
01/07/2019 01/07/19 Price Changed $187,500 +1.4% $323 / Sq Ft
01/07/2019 01/07/19 For Sale $185,000 0.0% $319 / Sq Ft
06/21/2018 06/21/18 Rented $1,650 0.0% --
06/15/2018 06/15/18 Under Contract -- -- --
06/13/2018 06/13/18 For Rent $1,650 +10.0% --
06/01/2012 06/01/12 Rented $1,500 -3.2% --
05/02/2012 05/02/12 Under Contract -- -- --
04/02/2012 04/02/12 For Rent $1,550 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,907 $195,426
2024 $3,614 $207,900
2023 $3,614 $169,400 $0 $0
2022 $2,894 $154,000 $0 $0
2021 $2,841 $144,760 $0 $0
2020 $2,548 $131,600 $0 $0
2019 $2,897 $149,500 $0 $0
2018 $3,515 $186,901 $0 $0
2017 $3,756 $188,458 $0 $0
2016 $1,551 $120,422 $0 $0
2015 $1,569 $119,585 $0 $0
2014 $1,594 $118,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11841558

MIAMI REALTORS® MLS

APN: 02-3234-111-0030

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