About This Home

This 1-bedroom, 1-bathroom condo at 1550 Drexel Ave #202 in Miami Beach, FL is listed for $290,000 ($500 per sqft). Built in 1925, the home offers 580 sqft of living space on a N/A lot.

Key Features

  • Built in 1925
  • 2 stories

Property Details

2 stories
1 full
#202
1925

Amenities

A/C
Listing Description

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 Espanola Way, and only 2 blocks from the beach. Flamingo Park, restaurants, cafes, 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.

Monthly Cost Estimate

$2,418/mo

20% down · 6.5% · 30 years

Principal$210
Interest$1,257
Insurance$85
HOA$867

Estimates only. Actual payments may vary.

Location

1550 Drexel Ave #202

Miami Beach, FL 33139

OHIO APARTMENT BLDG CONDO

Features & Amenities

Interior Features

Bedroom on Main LevelBathtubCloset CabinetrySecond Floor Entry

Property Details

Flooring

Tile

Construction

Block

Parking

On Street

Heating

Central

Cooling

Central Air

Appliances

DishwasherElectric RangeMicrowaveRefrigeratorWasher

Questions & Answers

This 1-bedroom, 1-bathroom condo at 1550 Drexel Ave is listed at $290,000 ($500/sqft). The estimated monthly payment is $2,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $867/month.

Key features include: Built in 1925, 2 stories. Interior Features: Bedroom on Main Level, Bathtub, Closet Cabinetry.

This property is listed by Larisa Puscarenco.

LP

Larisa Puscarenco

License 3409502

Agent at LUXE Properties LLC

Listed by LUXE Properties LLC · Broker phone: (305) 809-7650 · View on Broker Site · Broker website

MLS# A12023951· Source: Miami REALTORS®· Added to PropertySimple today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1550 Drexel Ave #202, Miami Beach, FL 33139

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