Ohio Apartment Bldg Condo 1 bedroom Condo For Sale
1550 Drexel Ave, Unit 103, Miami Beach, FL 33139

$229,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11839696
  • Virtual Tour: YES
  • Unit Number:103
  • List Price: $229,000
  • Living Area: 420 Ft² / 39 M²
  • Price Per Foot/Meter: $545 / $5,869
  • Bedrooms:1
  • Full Baths:1
  • Maintenance:$536
  • Taxes:$3,359
  • Year Built:1925
  • Listing Date:July 25, 2025
  • Days On Market:120

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


  • Floor:Laminate
  • Interior Feature:BedroomOnMainLevel, FirstFloorEntry, TubShower, WalkInClosets
  • Exterior Feature:Courtyard

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker