$205,000
1550 Drexel Avenue 103
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $205,000
- Price per sq ft
- $488
- Original price
- $225,000
- Days on market
- 61
This 1-bedroom condo in ZIP 33139 is listed at $205,000, or $488 per square foot. The asking price has come down 8.9% from its original $225,000. It has been on the market for 61 days.
Estimated monthly payment
$1,077 /mo
Principal and interest only, based on $41,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $638/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $205,000
- Days on Site
- 61 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 420 sqft
- Total Sq Ft
- 420 sqft
- Year Built
- 1925
- Property Type
- Condo
- MLS #
- A12069548
- Property Tax
- $3,152 (2025)
- HOA Fees
- $638 / Monthly
- Subdivision
- OHIO APARTMENT BLDG CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience South Beach living at its finest in this beautifully updated Art Deco sanctuary, nestled within an exclusive, intimate 16-unit boutique community. Flooded with natural light, this move-in-ready 1-bedroom residence showcases pristine new flooring, modern central A/C, and a spacious walk-in closet. The sleek, modern kitchen boasts crisp white cabinetry, a high-efficiency induction cooktop, and flows seamlessly into an elegantly refreshed bathroom. Unbeatable location meets extraordinary investment potential: walk just steps to world-class dining, shopping, and nightlife along Lincoln Road, historic Española Way, iconic Ocean Drive, and the sparkling ocean shoreline. Low HOA fees conveniently cover building insurance, water, and trash. Complete with lushly manicured grounds, a pet-friendly policy, and flexible 3-month minimum rental terms, this rare turnkey gem offers the ultimate blend of lifestyle, location, and value.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1925
- Property Condition
- Resale
- Number of Stories
- 2
- Garage Spaces
- 0
- Parking
- On Street
- Living Sq Ft
- 420
- Total Sq Ft
- 420
Interior Features
- Appliances
- Electric Range / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Vinyl
- Interior Features
- Bedroom On Main Level / Tub Shower
Exterior Features
- Construction
- Brick / CBS Concrete Block Structure / Block
- Exterior Features
- None
- View
- Other
Community & HOA
- HOA Fee
- $638 / Monthly
- HOA Includes
- Common Areas / Hot Water / Insurance / Maintenance Grounds / Maintenance Structure / Sewer / Trash / Water
- Association Amenities
- Laundry / Management
- Community Features
- Home Owners Association
- Security
- Phone Entry / Smoke Detectors / Security Fence
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
This home's HOA fee works out to $638 a month, 25% below the $850 median across 3 homes for sale in this community. See the community's HOA fees
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Ohio Apartment Bldg Condo is a community in Miami Beach, Miami-Dade County, Florida. Active listings are priced from $325,000 to $335,000. Homes were built starting 1925. Pure Equity lists homes in Ohio Apartment and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 3
- Under Contract
- 0
- Median List Price
- $290,000
- Median $/Sq Ft
- $500
- Avg Days on Market
- 96
Frequently Asked Questions
- How do I schedule a tour of 1550 Drexel Avenue 103, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1550 Drexel Avenue 103, 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 1550 Drexel Avenue 103, Miami Beach, FL 33139 still available?
- 1550 Drexel Avenue 103, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 61 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 1550 Drexel Avenue 103, Miami Beach, FL 33139?
- With 20% down ($41,000) on the $205,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1550 Drexel Avenue 103, Miami Beach, FL 33139 is about $1,077/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 1550 Drexel Avenue 103, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1550 Drexel Avenue 103, 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 1550 Drexel Avenue 103, Miami Beach, FL 33139 have an HOA fee?
- Yes: 1550 Drexel Avenue 103, Miami Beach, FL 33139 carries an HOA fee of about $638 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 1550 Drexel Avenue 103, Miami Beach, FL 33139?
- 1550 Drexel Avenue 103, 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 1550 Drexel Avenue 103, Miami Beach, FL 33139?
- Often, yes. The right offer on 1550 Drexel Avenue 103, 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 RE/MAX Advance Realty II
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 August 30, 2026.
$205,000
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Listed by Emily Suzanne Schwitalla, RE/MAX Advance Realty II
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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.
