Condominium - Ohio Apartment Bldg Condo

1550 Drexel Ave # 103, Miami Beach, FL 33139
Image not available - 1Image not available - 2Image not available - 3Image not available - 4Image not available - 5
$229,000  $10,000Built: 1925
1 bedrooms 1 bathrooms N/A
Type of PropertyCondominium
Style of PropertyCondo 1-4 Stories
Property Area420
Living Area420
Price per Ft²$545.24
PetsYes
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Condominium - Ohio Apartment Bldg Condo

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!

Exterior Features
Courtyard
Interior Features
Interior Hall
First Floor Entry
Fire Sprinklers
Walk-In Closet(s)
No Additional Rooms
Amenities
Laundry
None
Equipment/Appliances
Refrigerator
Property Features
NameOhio Apartment Bldg Condo
MLSA11839696
ForeclosureN/A
Short SaleN/A
ParkingOn Street
Parking Restrictions 
Parking Spaces 
Approx. Ft² 
Approx. Lot Size 
Boat Dock 
Last Update12 hours
Pet RestrictionsMaximum 20 Lbs
Floor Number1
Cooling DescriptionCentral Air
Heating DescriptionCentral
ViewOther View
ConstructionConcrete Block Construction
Flooring Type 
Maintenance Fees 
Taxes$3,359
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889gmrealtor7@gmail.com
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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2025
Listing is a courtesy of LG Realty Group Inc.. Office (info@lg-realtygroup.com, 305-890-6226). Agent (ap@lgrealtygroup.com, 401-632-3210).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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