$300,000
$35K PRICE DROP

1550 Drexel Ave Unit 202 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $2,765/month

Total Views 2,396
1 Bed
1 Bath
580 Sq Ft
$517 Price per Sq Ft

About This Home

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.

Listing Agent

Larisa Puscarenco

Luxe Properties License #3409502 Listed on: 05/22/2026

Map

Property Details

Home Type

Condominium

Year Built

1925

Lot Details

0 Sq Ft Lot

HOA Fees

$867 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1925
  • Entry Level: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Bathtub, Closet Cabinetry, Soaking Tub, Separate Shower
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 580.0
  • Stories: 2

Exterior Features

  • Exterior Features: Lighting, None
  • View: Garden
  • View: Yes
  • Waterfront: No
  • Construction Type: Block

Garage/Parking

  • Garage Yn: No
  • Parking Features: On Street

Utilities

  • Security: Key Card Entry, Smoke Detector(s), Security Fence
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Association Fee: 867.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Legal/Accounting, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: Miami Beach Fienberg / Fisher K-8
  • High School: Miami Beach

Lot Info

  • Parcel #: 0232341110040
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3480.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,666 $195,426
2024 $2,220 $163,378
2023 $2,220 $158,620 $0 $0
2022 $2,119 $154,000 $0 $0
2021 $2,874 $146,410 $0 $0
2020 $2,577 $133,100 $0 $0
2019 $2,930 $151,200 $0 $0
2018 $3,554 $189,025 $0 $0
2017 $3,716 $185,094 $0 $0
2016 $3,592 $168,268 $0 $0
2015 $3,214 $152,971 $0 $0
2014 $3,000 $139,065 $0 $0
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
09/09/2026 09/09/26 Price Changed $300,000 -4.8% $517 / Sq Ft
09/01/2026 09/01/26 Price Changed $315,000 -3.1% $543 / Sq Ft
08/03/2026 08/03/26 Price Changed $325,000 -3.0% $560 / Sq Ft
05/22/2026 05/22/26 For Sale $335,000 +91.4% $578 / Sq Ft
10/13/2021 10/13/21 Sold $175,000 -5.2% $302 / Sq Ft View Prior Sale
09/18/2021 09/18/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $184,599 0.0% $318 / Sq Ft
10/14/2013 10/14/13 Rented $1,400 -1.8% --
10/14/2013 10/14/13 For Rent $1,425 +9.6% --
08/30/2012 08/30/12 Rented $1,300 -10.3% --
08/30/2012 08/30/12 For Rent $1,450 -- --
Source: MIAMI REALTORS® MLS

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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $175,000 Attorney
Corporate Deed $144,900 First American Title Ins Co
Trustee Deed -- None Available
Warranty Deed $185,000 Rapid Title Services Co
Warranty Deed $146,000 --
Warranty Deed $105,000 --
Deed $68,500 --
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 Loan Amount Loan Type
Previous Owner $97,450 New Conventional
Previous Owner $115,920 Purchase Money Mortgage
Previous Owner $199,750 Unknown
Previous Owner $148,000 Unknown
Previous Owner $138,700 Unknown
Previous Owner $64,800 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A12023951

MIAMI REALTORS® MLS

APN: 02-3234-111-0040

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