$245,000
1340 Drexel Avenue 406
Miami Beach, FL 33139
RETREAT CONDO
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $245,000
- Price per sq ft
- $476
- Vs. nearby sales
- 21.1% below
- Days on market
- 200
This condo in ZIP 33139 is listed at $245,000, or $476 per square foot. The asking price has come down 7.5% from its original $265,000. It has been on the market for 200 days. The 5 most recent condo sales in the closings shown below sold at a median of $603 per square foot, so the asking price is 21.1% below what comparable homes here actually sold for.
Estimated monthly payment
$1,288 /mo
Principal and interest only, based on $49,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $412/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $245,000
- Days on Site
- 200 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 515 sqft
- Total Sq Ft
- 515 sqft
- Year Built
- 1949
- Property Type
- Condo
- MLS #
- A11932789
- Property Tax
- $3,642 (2025)
- HOA Fees
- $412 / Monthly
- Subdivision
- RETREAT CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
C A S H O N L Y - This RARE “HEART OF SOUTH BEACH STUDIO GEM" is in a recently renovated Art Deco privately gated and secure modern complex. Quality cherry hardwood floors, stainless steel kitchen and appliances, central AC, modern bath with shower, private washer / dryer inside the unit. Close to the beach, the public pool and tennis courts and a gorgeously landscaped courtyard with greenery, a fountain, lounge chairs and tables to relax. Very bright and in excellent condition, new central AC unit.Landlord to pay in full any special assestment at closing. TENANT OCCUPIED @ $ 1800 PER MONTH.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1949
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 0
- Parking
- On Street
- Living Sq Ft
- 515
- Total Sq Ft
- 515
Interior Features
- Appliances
- Dryer / Dishwasher / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Heat Pump
- Flooring
- Wood
- Interior Features
- Bedroom On Main Level / Separate Shower
- Furnished
- Partially
Exterior Features
- Construction
- Block / Other
- Exterior Features
- Courtyard / Outdoor Living Area
- View
- Garden
Community & HOA
- HOA Fee
- $412 / Monthly
- HOA Includes
- Common Areas / Maintenance Grounds / Maintenance Structure / Reserve Fund / Sewer / Trash / Water
- Association Amenities
- None
- Security
- Closed Circuit Cameras / Phone Entry / Smoke Detectors / Security Fence
- Utilities
- Cable Available
- Pets Allowed
- Yes
- Financing Terms
- Cash
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Area
Browse Miami Beach homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,151
- Under Contract
- 253
- Median List Price
- $650,000
- Median Sale Price (September)
- $662,500
- Median $/Sq Ft
- $697
- Avg Days on Market
- 174
Frequently Asked Questions
- How do I schedule a tour of 1340 Drexel Avenue 406, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1340 Drexel Avenue 406, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1340 Drexel Avenue 406, Miami Beach, FL 33139 still available?
- 1340 Drexel Avenue 406, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 200 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1340 Drexel Avenue 406, Miami Beach, FL 33139?
- With 20% down ($49,000) on the $245,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1340 Drexel Avenue 406, Miami Beach, FL 33139 is about $1,288/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1340 Drexel Avenue 406, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1340 Drexel Avenue 406, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 1340 Drexel Avenue 406, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1340 Drexel Avenue 406, Miami Beach, FL 33139 carries an HOA fee of about $412 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 1340 Drexel Avenue 406, Miami Beach, FL 33139?
- 1340 Drexel Avenue 406, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1340 Drexel Avenue 406, Miami Beach, FL 33139?
- Often, yes. The right offer on 1340 Drexel Avenue 406, Miami Beach, FL 33139 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of AG Real Estate Advisors, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$245,000
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Listed by Aldo Massaglia, AG Real Estate Advisors, LLC
Map & Location
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $611 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$430,000
Sold · October 15, 2026
2155 Washington Court 205
1 bed · 1.5 bath · 748 sqft · $575/sqft
$20,000 under the asking price
Sold$290,000
Sold · October 14, 2026
1052 Ocean Drive C203
1 bed · 1 bath · 475 sqft · $611/sqft
$7,000 under the asking price
Sold$1,065,000
Sold · October 14, 2026
1250 Ocean Drive 2N
2 bed · 2.5 bath · 1,387 sqft · $768/sqft
$34,000 under the asking price
Sold$238,000
Sold · October 14, 2026
224 Meridian Avenue 9
0 bed · 1 bath · 395 sqft · $603/sqft
$11,000 under the asking price
Sold$23,500,000
Sold · October 12, 2026
1266-1276 S Venetian Way
4 bed · 4.5 bath · 3,603 sqft · $6,522/sqft
Sold$350,000
Sold · October 9, 2026
1027 Pennsylvania Avenue 302
2 bed · 2 bath · 790 sqft · $443/sqft
$9,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
