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Presented by: LG Realty Group Inc.Powered by Highrises
For Sale

$229,000

$10k

1550 Drexel Ave Apt 103, Miami Beach, FL 33139

  • 1Bed
  • 1Bath
  • 420SqFt
  • 1Bed
  • 1Bath
  • 420SqFt
  • Property Type
    Condo
  • Year Built
    1925
  • HOA Fees
    $536/mo
  • Price per Sqft
    $545
  • On highrises
    123 Days

Property Details

Upgraded 1 bed/1 bath condo in a boutique 16-unit Art Deco building, steps from Lincoln Rd, Espanola 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-a-terre or cash-flowing investment. Aggressively priced!

Property Features

Bedrooms

  • Bedrooms: 1
  • Presented by:
  • Alicia Procter
  • state license#3366294

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  • 1Bed
  • 1Bath
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