MIAMI REALTORS® MLS↓ Price reduced $20,000 on Sep 23, 2026
1550 Drexel Avenue 103, Miami Beach, FL 33139
- Beds
- 1
- Baths
- 1
- Sqft
- 420
- Home type
- Condominium
- Year built
- 1925
- Lot size
- —
- Price / sqft
- $488
- HOA
- $638/mo
- Community
- OHIO APARTMENT BLDG CONDO
Property description
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.
Listing activity
- Days on market
- 42
- Listed
- Aug 12, 2026
- MLS listing updated
- Sep 23, 2026
- Feed last checked
- 7 minutes ago
Listed by Emily Suzanne Schwitalla · RE/MAX Advance Realty II
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 1
- Bathrooms
- 1
- Bathrooms (decimal)
- 1
- Full bathrooms
- 1
- Half bathrooms
- 0
Rooms & features
- Rooms
- 0
- Flooring
- Vinyl
- Appliances
- Electric Range, Refrigerator
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 0
- Carport spaces
- 0
- Covered spaces
- 0
- Parking features
- On Street
- Attached garage
- No
Exterior
- Stories
- 2
- Building area
- 420 sqft
- Entry level
- 1
- Exterior features
- None
- View
- Other
- Waterfront property
- No
Construction
Type & style
- Home type
- Condominium
- Year built
- 1925
- New construction
- No
Materials
- Construction
- Brick, CBS
- Property condition
- Resale
Utilities & green energy
Not reported by the listing source.
Community & HOA
Community
- Subdivision
- OHIO APARTMENT BLDG CONDO
- MLS area
- 2320
- Security
- Entry - Phone/Intercom, Security Fence, Smoke Detector(s)
- Pets allowed
- Yes
- 55+ community
- No
Association
- Has association
- Yes
- Association fee
- $638 monthly
- Estimated monthly dues
- $638
- Amenities
- Laundry, Management
- Services included
- Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12069548
- Possession
- Other
- Original list price
- $225,000
- Parcel number
- 0232341110050
- Annual property tax
- $3,152
- Tax year
- 2025
- Tax legal description
- OHIO APARTMENT BLDG CONDO UNIT 103 UNDIV 5.42% INT IN COMMON ELEMENTS OFF REC 17916-2715 OR 20291-1824 0302 1 COC 24458-3803 04 2006 1
Additional MLS details
Reported by the listing source
- Association Amenities
- Laundry, Management
- Association Fee Frequency
- Monthly
- Association Fee Includes
- Common Areas, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
- Association
- Yes
- Bathrooms Total Decimal
- 1
- Bathrooms Total Integer
- 1
- Building Area Total
- 420
- Construction Materials
- Brick, CBS
- County Or Parish
- Miami-Dade
- Days On Market
- 42
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
- List Price
- 205000
- Listing Contract Date
- 2026-08-12
- Living Area
- 420
- MLSArea Major
- 2320
- Mls Status
- Active
- On Market Date
- 2026-08-12
- Photos Count
- 14
- Postal Code
- 33139
- Price Change Timestamp
- 2026-09-23T19:04:32Z
- Property Sub Type
- Condominium
- Property Type
- Residential
- Rooms Total
- 0
- Security Features
- Entry - Phone/Intercom, Security Fence, Smoke Detector(s)
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-08-12T04:00:00Z
- Stories Total
- 2
- Subdivision Name
- OHIO APARTMENT BLDG CONDO
- Tax Annual Amount
- 3152
- Bathrooms Full
- 1
- Bedrooms Total
- 1
- Waterfront
- No
- Bathrooms Half
- 0
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 638
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Aug 12, 2026 | ListedMIAMI REALTORS® MLS | $225,000$536/sqft |
| Sep 23, 2026 | Price reducedMIAMI REALTORS® MLS | $205,000$488/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $3,152 | — |
Payment calculator
- Principal & interest
- $1,064
- Property taxes
- $263
- Insurance
- $103
- Association dues
- $638
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
OHIO APARTMENT BLDG CONDOMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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