For sale
  • Price increase: $10K (10/1)
    $229,000

    1550 Drexel Ave APT 103, Miami Beach, FL 33139

    1beds
    420sqft
    : 
    Condominium
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $545/sqft
    $536/mo HOA

    What's special

    Beautifully manicured groundsWood laminate floorsSleek white kitchen cabinetsUpdated bathroomStainless steel appliancesInduction cooktopSpacious walk-in closet
    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!
    79 days
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    282
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    16
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