$330,000
$5K PRICE DROP

1550 Drexel Ave Unit 202 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $2,970/month

Total Views 1,131
1 Bed
1 Bath
580 Sq Ft
$569 Price per Sq Ft

Highlights

  • Garden View
  • Closet Cabinetry
  • Card or Code Access
  • End Unit
  • Bathtub
  • 4-minute walk to SoundScape Park

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

Luxe Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1925

HOA Fees

  • $867 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 580 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Garden Views
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Home Security

Parking

  • On-Street Parking
  • Open Parking

Schools

  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Exterior Lighting
  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-111-0040

Community Details

Overview

  • Ohio Condo
  • Ohio Apartment Bldg Condo Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,480

Year Built

Built in 1925

Lot Details

0 Sq Ft Lot

HOA Fees

$867 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OHIO APARTMENT BLDG CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 330000
  • InternetRemarks: Charming 1BR/1BA corner unit filled with natural light in the heart of the Art Deco District, prime South Beach location.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Second Floor Entry, Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 580
  • Stories: 2
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: Concrete Block Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OHIO CONDO
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Card Entry

Condo/Co-op/Association

  • Association Fee: 867
  • Amenities: Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-34-111-0040

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3480

Map

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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
06/26/2026 06/26/26 Price Changed $330,000 -1.5% $569 / 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
09/09/2021 09/09/21 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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