1550 Drexel Ave #103 Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 420 sqft
Price per Sqft $521
Subdivision Ohio Apartment Bldg Condo
MLS Listing ID A11839696
Style Garden Apartment
Bedrooms 1
Full Baths 1
HOA Fees $536/mo
HOA Y/N Yes
Min Days of Lease 365
Leases Per Year 1
Year Built 1925
Annual Tax Amount $3,359
Tax Year 2024
Property Sub-Type Condominium
Property 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!
Location
State FL
County Miami-dade
Community Ohio Apartment Bldg Condo
Area 32
Interior
Interior Features Bedroom on Main Level,First Floor Entry,Tub Shower,Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Laminate
Window Features Blinds
Appliance Refrigerator
Laundry Common Area
Exterior
Exterior Feature Courtyard
Amenities Available Laundry,None
View Other
Garage No
Private Pool Yes
Building
Faces East
Architectural Style Garden Apartment
Structure Type Block
Others
Pets Allowed Size Limit,Yes
HOA Fee Include Association Management,Common Areas,Hot Water,Insurance,Laundry,Maintenance Grounds,Maintenance Structure,Sewer,Trash,Water
Senior Community No
Restrictions Corporate Buyer OK,Okay to Lease 1st Year
Tax ID 02-32-34-111-0050
Security Features Complex Fenced,Intercom,Fire Sprinkler System
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is
Pets Allowed Size Limit,Yes
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11839696