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1550 Drexel Ave Unit 108, Miami Beach, FL, 33139

$324,900

Home List Price

$3,858*

Closing Credit

1 Bedroom
1 Full Bath
540 SqFt
$602/SqFt
Condo

Location

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1550 Drexel Ave Unit 108, Miami Beach$324,900

Buyer Closing Credits

$3,858*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1925
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewNone
MLS #A11644811
StatusActive

About 1550 Drexel Ave Unit 108

Welcome to your chic, fully furnished South Beach oasis! This stylish 1-bedroom, 1-bathroom condo blends comfort and elegance, featuring a modern kitchen with quartz countertops, a waterfall island, and updated appliances. The updated bathroom offers a modern retreat, while ambient lighting throughout sets the perfect mood for any occasion. Sunlight floods every corner, creating a warm and inviting atmosphere that you'll love coming home to. Located in the heart of South Beach, you're steps away from Lincoln Road, Espanola Way, and the beach—embrace the ultimate Miami lifestyle!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1
  • Living Area: 540 SqFt

Listing Office:

  • Office Name: Method Florida, LLC
  • Office Phone: (404) 585-7355
  • Listing Agent: Bo Danos

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Kitchen Island, Main Living Area Entry Level

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Courtyard, Fence, None

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 1550 Drexel Ave Unit 108
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Fienberg/Fisher K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $324,900
  • Price Per SqFt: $602/SqFt

HOA Fees:

  • Amount: $596
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$595.8K

Med. Price/SqFt

$598

Avg. Days On Market

109

# of Sold Homes

89

1550 Drexel Ave Unit 108 vs Miami Beach

30 DAYS ON ROCKET

-79 Days

$324,900

-$270.9K Less

$602/SqFt

+$3 More

KEY TAKEAWAY

This property is $270.9K less than the Median Sold Price and $3/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11644811

Listing Office:

  • Office Name: Method Florida, LLC
  • Office Phone: (404) 585-7355
  • Listing Agent: Bo Danos

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,285

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-121788
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.18 miles

  • Public District Grades PK-5

Middle School

school-card-donut-121789
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 1.89 miles

  • Public District Grades 6-8

High School

school-card-donut-121790
6
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 0.73 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,178. Typical income of Miami Beach, FL residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1550 Drexel Ave Unit 108

What is the listing price of this property?

The listing price of 1550 Drexel Ave Unit 108 property is $324,900.

What type of property is this?

The property 1550 Drexel Ave Unit 108 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1550 Drexel Ave Unit 108 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1550 Drexel Ave Unit 108 are:
Fienberg/Fisher K-8 Center: GreatSchools Rating 5/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1550 Drexel Ave Unit 108 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1550 Drexel Ave Unit 108 is 540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1550 Drexel Ave Unit 108 is 1925.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391550 Drexel Ave Unit 108

This home is located at 1550 Drexel Ave Unit 108 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 540 square foot home was built in 1925. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $324,900.

While more than 2 listings in Miami Beach, FL in August 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 73 were sold below. The number of listings in Miami Beach, FL increased by 6.1% between July 2024 and August 2024. While the average time on the market in August 2024 was 109 days, the median list price was $595,850.

From Rocket Homes Real Estate and based on county public records data.

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