About 1550 Drexel Ave 103
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!
Condo/co-op/villa/townhouse property for sale in Miami Beach, FL at 1550 Drexel Ave 103. This 1 bedroom Condo/co-op/villa/townhouse property is priced at $545/sqft
Features of 1550 Drexel Ave 103
| MLS® # | A11839696 |
|---|---|
| Price | $229,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 420 |
| Acres | 0.00 |
| Year Built | 1925 |
| Type | Condo/co-op/villa/townhouse |
| Sub-Type | Condominium |
| Style | Garden Apartment |
| Status | Active |
Community Information: Miami Beach
| Address | 1550 Drexel Ave 103 |
|---|---|
| Area | 32 |
| Subdivision | OHIO APARTMENT BLDG CONDO |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33139-7920 |
Amenities of 1550 Drexel Ave 103
| Amenities | Laundry, None |
|---|---|
| Parking | On Street |
| View | Other |
| Is Waterfront | No |
| Has Pool | No |
Interior of 1550 Drexel Ave 103
| Interior | Laminate |
|---|---|
| Appliances | Refrigerator |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
Exterior of 1550 Drexel Ave 103
| Exterior Features | Courtyard |
|---|---|
| Windows | Blinds |
| Construction | Block |
Additional Information On 1550 Drexel Ave 103
| Listing Courtesy of | LG Realty Group Inc. |
|---|---|
| Date Listed | July 25th, 2025 |
| HOA Fees | 536 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | LG Realty Group Inc. |
|---|