1550 Drexel Ave # 207, Miami Beach FL 33139 | Miami-Dade County | A12000602
  • $319,000

Description

Recently fully remodeled, this beautifully furnished 1-bedroom, 1-bath corner unit offers modern comfort and style. The apartment features a completely renovated kitchen with new quartz countertops, updated appliances, and a new sink, along with a fully upgraded bathroom.
Enjoy the convenience of an in-unit washer and dryer, as well as elegant whitewashed laminate flooring throughout. Ideally located in the heart of Miami Beach, just one block from Lincoln Road, you’ll be steps away from top restaurants, shops, and the beach.
Situated at the end of the hallway, this private corner unit offers peaceful landscaping views. The building and unit are both exceptionally well maintained. Street resident parking is available.
Currently tenant-occupied with a rental income of $2,300 per month through February 28, 2027—making this an excellent investment opportunity.

Property Overview

Recently fully remodeled, this 1-bedroom, 1-bathroom corner unit in the OHIO building offers modern comfort and style. The apartment features a renovated kitchen with quartz countertops, updated appliances, and a new sink, as well as an upgraded bathroom. In-unit washer and dryer and whitewashed laminate flooring are included throughout. Located at the end of the hallway, the unit offers private, peaceful views of the building’s landscaping. This unit is situated at 1550 Drexel Ave #207 in Miami Beach, just one block from Lincoln Road, placing it near top restaurants, shops, and the beach. The building is exceptionally well maintained, and street resident parking is available. The unit is currently rented through February 2027 at $2,300 per month, making it a solid opportunity for buyers interested in rental income.

Frequently Asked Questions

How many bedrooms and bathrooms does this unit have?

This unit has 1 bedroom and 1 full bathroom.

What is the square footage of the living area?

The living area is 550 square feet.

When was the building constructed?

The building was constructed in 1925.

What is the current listing price?

The current listing price is $325,000.

What does the HOA fee cover, and what is the monthly cost?

The monthly HOA fee is $850. Specifics about what the fee covers are not disclosed publicly.

Is this unit currently occupied, and does it generate rental income?

Yes, the unit is currently tenant-occupied with a monthly rental income of $2,300 through February 28, 2027.

Monthly Fees & Carrying Costs

Association Fee $850 / month
Total Monthly Fees $850 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)
  • Address: Drexel Ave
  • City: Miami Beach
  • Zip/Postal Code: 33139

Details

Updated on July 2, 2026 at 8:47 pm
  • Property ID A12000602
  • Price $319,000
  • Property Size 550 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Year Built 1925
  • Property Status Active, Residential

Additional details

  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building OHIO
  • Association Fee Frequency Monthly
  • Area Ohio Apartment Bldg Condo
  • Annual Tax 3480
  • Association Yes
  • Private Pool No
  • Listing Terms Cash
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision OHIO APARTMENT BLDG CONDO
  • Total Stories 2
  • Restrictions Okay To Lease 1st Year
  • Maintenance Includes Building Exterior, Common Area, Hot Water, Landscaping/Lawn Maintenance
  • Amenities None
  • Parking On Street
  • Heating Heat Pump/Reverse Cycle
  • Structure Type Condo 1-4 Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 550
  • Covered Spaces 0
  • Middle School Nautilus
  • Unit Floor 2
  • View Garden View
  • Year Built Details Resale
  • High School Miami Beach
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 207
  • Half Bathrooms 0
  • Flood Zone AE
  • New Construction No
  • Garage Spaces 0
  • Style Condo 1-4 Stories
  • Association Fee 850
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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