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1550 Drexel Avenue 202, Miami Beach, FL 33139
Active
124 Days on Market
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How this price compares

List price
$300,000
Price per sq ft
$517
Original price
$335,000
Days on market
124

This 1-bedroom condo in ZIP 33139 is listed at $300,000, or $517 per square foot. The asking price has come down 10.4% from its original $335,000. It has been on the market for 124 days.

1
Bedrooms
1
Bathrooms
580
Living Sq Ft
1925
Year Built

Estimated monthly payment

$1,577 /mo

Principal and interest only, based on $60,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $867/mo HOA are not included.

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Listing Snapshot

Price
$300,000
Days on Site
124 Days
Bedrooms
1
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
580 sqft
Total Sq Ft
580 sqft
Year Built
1925
Property Type
Condo
MLS #
A12023951
Property Tax
$3,480 (2025)
HOA Fees
$867 / Monthly
Subdivision
OHIO APARTMENT BLDG CONDO
County
Miami Dade
Status
Active

About This Property

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.

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General Features

Property Type
Condo
Status
Active
Year Built
1925
Number of Stories
2
Garage Spaces
0
Parking
On Street
Living Sq Ft
580
Total Sq Ft
580

Interior Features

Appliances
Dishwasher / Electric Range / Microwave / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Tile
Interior Features
Bedroom On Main Level / Bathtub / Closet Cabinetry / Soaking Tub / Separate Shower

Exterior Features

Construction
Block
Exterior Features
Lighting / None
View
Garden

Community & HOA

HOA Fee
$867 / Monthly
HOA Includes
Insurance / Legal Accounting / Maintenance Grounds / Sewer / Trash / Water
Association Amenities
Laundry
Security
Key Card Entry / Smoke Detectors / Security Fence
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Okay To Lease1st Year / Ok To Lease
MLS Area
2320

This home's HOA fee works out to $867 a month, in line with 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

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
Median List Price
$300,000
Median $/Sq Ft
$517
Avg Days on Market
83
View all 3 homes for sale in Ohio Apartment →
How do I schedule a tour of 1550 Drexel Avenue 202, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 1550 Drexel Avenue 202, 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 202, Miami Beach, FL 33139 still available?
1550 Drexel Avenue 202, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 124 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 202, Miami Beach, FL 33139?
With 20% down ($60,000) on the $300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1550 Drexel Avenue 202, Miami Beach, FL 33139 is about $1,577/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 202, 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 202, 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 202, Miami Beach, FL 33139 have an HOA fee?
Yes: 1550 Drexel Avenue 202, Miami Beach, FL 33139 carries an HOA fee of about $867 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 202, Miami Beach, FL 33139?
1550 Drexel Avenue 202, 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 202, Miami Beach, FL 33139?
Often, yes. The right offer on 1550 Drexel Avenue 202, 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 Luxe Properties

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.

$300,000

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Listed by Larisa Puscarenco, Luxe Properties

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