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1550 Drexel Ave , Miami Beach, FL 33139
1550 Drexel Ave , Miami Beach, FL 33139
Address
Open on Google Maps- Address 1550 Drexel Ave
- City Miami Beach
- State/county FL
- Zip/Postal Code 33139
- Area OHIO APARTMENT BLDG CONDO
Details
Updated on September 11, 2025 at 2:35 pm- Price: $219,000
- Property Size: 420
- Bedroom: 1
- Bathroom: 1
- Garage Size: x x
- Year Built: 1925
- Property Type: Residential, Condominium
- Property Status: Active
- Property Sub Type: Condominium
Additional details
- Listing Terms: Cash, Conventional
- Association Fee: 536.0
- Cooling: Central Air
- Heating: Central
- Flooring: Laminate
- County: Miami-Dade
- Property Type: Residential
- Parking: On Street
- Architectural Style: Garden Apartment
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
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