$285,000

1550 DREXEL AVE #202, MIAMI BEACH, FL 33139

1 bed1 bath580 sq ftCondo or villaBuilt 1925
Updated today, November 3, 2026

This home against Miami Beach

$491 per sq ft, 30% under the Miami Beach median
167 days on the market
Price cut $50,000 since it was listed at $335,000
$3,480 in property taxes (2025)

Miami Beach today: 1,854 homes for sale, median list price $659,000.

About this home

Beautifully renovated corner unit in the heart of South Beach, filled with natural light and surrounded by lush tropical greenery. Enjoy charming street views from the living room through expansive corner windows, creating a bright and inviting atmosphere.This stylish residence features brand-new kitchen cabinets, appliances, tile flooring throughout, spacious closets, and is being sold fully furnished, including a large flat-screen TV. Washer/dryer available both inside the unit and within the building for added convenience.Located in a charming 16-unit boutique, pet-friendly building, this unit offers one of the best locations in South Beach - just 1 block from Lincoln Road, 1 block from Española Way, and only 2 blocks from the beach. Flamingo Park, restaurants, cafés, bars, CVS, Walgreens, and everyday conveniences are all within walking distance.The building has recently completed major upgrades including a new roof, concrete restoration, and fresh exterior painting, adding long-term value and appeal.Perfect as a primary residence, vacation getaway, or investment property. Rental rates in this highly desirable neighborhood start at $2,000+ per month.

Zoned schools

Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi

Distances from the center of MIAMI BEACH.

Listing courtesy of Luxe Properties. MLS# A12023951.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed May 20, 2026.

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