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1550 Drexel Ave Unit 103, Miami Beach, Florida 33139

Map

Active For Sale

$219,000

Beds 1
Baths 1
Sq Ft 420 Sqft
Visits: 11 in 62 days

Call Josh Dotoli

Description

Upgraded 1 bed/1 bath condo in a boutique 16-unit Art Deco building, steps from Lincoln Rd, Española Way & the beach! Move-in ready with new floors, sleek white kitchen, SS appliances, induction cooktop, updated bath & walk-in closet. Investor’s gem—rented at $1,800/mo through Sept 2026, generating $21,600/yr with a solid 5% +cap rate. HOA $506/mo covers insurance, water & trash, keeping expenses low and returns strong. Enjoy central A/C, manicured grounds & unbeatable walkability to dining, shopping, nightlife & Ocean Dr. Pet-friendly, 3-month minimum rentals allowed. Perfect pied-à-terre or cash-flowing investment. Aggressively priced!

Features

Heating System: Central
Cooling System: Central Air
Pet Policy: Yes, Size Limit
Security: Fire Sprinkler System, Intercom, Complex Fenced
Parking: On Street

Appliances

Appliances: Refrigerator

Address Map

Country: US
State: FL
County: Miami-Dade
City: Miami Beach
Subdivision: OHIO APARTMENT BLDG CONDO
Zipcode: 33139
Street: Drexel Ave
Street Number: 1550
Floor Number: 0
Longitude: W81° 51' 59.7''
Latitude: N25° 47' 18.8''
UnitNumber: 103
MLS Area: 32

MLS Addon

Architectural Style: Garden Apartment
Association Amenities: Laundry, None
Association Fee: $536
Association Fee Frequency: Monthly
Association Fee Includes: Maintenance Structure, Common Areas, Sewer, Maintenance Grounds, Trash, Water, Association Management, Insurance, Laundry, Hot Water
Close Price: $0
Exterior Features: Courtyard
Flooring: Laminate
Insurance Expense: $0
Interior Features: Bedroom On Main Level, First Floor Entry, Walk-in Closet(s), Tub Shower
Laundry Features: Common Area
Listing Terms: Cash, Conventional
New Taxes Expense: $0
Stories Total: 2
Tax Annual Amount: $3,359
Tax Year: 2024
Window Features: Blinds

Location

Listing Updated: 2025-09-11 15:36:42

Parent : 1550::Drexel Ave:33139:Miami Beach
Property Type : Condominium
Property Sub Type : Condominium
Listing Type : For Sale
Listing ID : A11839696
Price : $219,000
View : Other
Bedrooms : 1
Bathrooms : 1
Full Bathrooms : 1
Half Bathrooms : 0
Square Footage : 420 Sqft
Year Built : 1925
Lot Area : 0 Acre
Listing Status : Active
Days On Market : 61

Contact Agent

Josh Dotoli

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