Stay informed on Miami condo trends
What we cover
1550 Drexel Ave, Miami Beach 33139
1925
Year Built
16
Units
2
For Sale
$330K
Avg Price
$450
Sale $/SF
—
For Rent
—
Avg Rent
$3.57
Rent $/SF
-1.8%
YoY
For Sale
2
For Rent
0
Investor-Owned
94%
Avg HOA
$858.5/mo
Address
1550 Drexel Ave, Miami Beach, 33139
Neighborhood
South Beach
Year Built
1925
Total Units
16
Avg Unit Sqft
485 SF
Tier
Premium
Avg $/SF
$450
Rent $/SF
$3.57/SF
HOA Range
$850 – $867
Neighborhood Rank
Top 18%
Avg Unit Value
$180K
Total Sales (All-Time)
73
Sale Price Trend ($/SF)
$450
Rental Price Trend ($/SF)
$4.29
Building Activity
Days on Market
35
days
Normal pace
Months of Inventory
8.0
months
Buyer's market
Sale-to-List Ratio
95.2%
Fair negotiation
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
1
transactions
Low volume
Active Listings
For Sale (2)
$325K
Unit 207
$335K
Unit 202Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| Apr 24, 2025 | $200K | $476.19 | 1/1 | 420 |
| Jul 23, 2024 | $215K | $511.67 | 1/1 | 420 |
| Jun 7, 2024 | $245K | $445.45 | 1/1 | 550 |
| Nov 17, 2023 | $257K | $443.1 | 1/1 | 580 |
| Jun 23, 2023 | $220K |
Total Units
16
Avg Sqft
485 SF
Avg Assessed
$176K
Owner-Occupied
6%
Tax & Ownership
Investor-Owned
94%
Owner-Occupied
6%
Avg Assessed Value
$176K
Avg Taxable Value
$173K
Effective Year Built
1925
Zoning
3900
Unit Mix
Avg 485 SF
Unit Directory
Showing 10 of 16 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 101 | 1 | 1 | 580 | $195K | — | $163K | $281 | Sep 2021 |
| 102 | 1 | 1 | 580 | $195K | — | $257K | $443 | Nov 2023 |
| 103 | 1 | 1 | 420 | $168K | — | $225K | $536 | Sep 2022 |
| 104 | 1 | 1 | 420 | $168K | — | $174K | $414 | Apr 2016 |
| 105 | 1 | 1 | 420 | $166K | — | $167K | $398 | Aug 2017 |
| 106 | 1 | 1 | 420 | $166K | — | $200K | $476 | Apr 2025 |
| 107 | 1 | 1 | 443 | $166K | — | $57K | $129 | Dec 1999 |
| 108 | 1 | 1 | 540 | $193K | — | $300K | $555 | Oct 2022 |
| 201 | 1 | 1 | 580 | $195K | — | $69K | $118 | Jan 1998 |
| 202 | 1 | 1 | 580 | $195K | — | $175K | $302 | Oct 2021 |
Top Agents in This Building
The Keyes Company
EWM Realty International
Luxe Properties
Douglas Elliman
The K Company Realty
Gary Hennes Realtors
AG Real Estate AdvisorsTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
| The Keyes Company | 1 | 2 | $455K |
 Compass | 2 | 2 | $394K |
| EWM Realty International | 1 | 2 | $342K |
M Method Florida, LLC | 1 | 1 | $300K |
| Douglas Elliman | 1 | 1 | $248K |
Be the first to know when a unit in OHIO APARTMENT BLDG CONDO hits the market — for sale or rent.
Neighborhood
South Beach →
View all buildings in this area
Building Snapshot
| $523.81 |
| 1/1 |
| 420 |
| Jun 5, 2023 | $230K | $418.18 | 1/1 | 550 |
| Feb 9, 2023 | $82K | $148.55 | 1/1 | 550 |
| Oct 31, 2022 | $300K | $554.63 | 1/1 | 540 |
| Sep 16, 2022 | $225K | $535.71 | 1/1 | 420 |
| Nov 30, 2021 | $255K | $472.22 | 1/1 | 540 |
| Oct 12, 2021 | $175K | $301.72 | 1/1 | 580 |
| Sep 27, 2021 | $163K | $281.03 | 1/1 | 580 |
| May 4, 2021 | $174K | $299.14 | 1/1 | 580 |
| Feb 10, 2021 | $25K | $43.1 | 1/1 | 580 |
| Jun 18, 2019 | $168K | $289.66 | 1/1 | 580 |
| Aug 7, 2017 | $167K | $397.62 | 1/1 | 420 |
| Apr 7, 2016 | $174K | $414.29 | 1/1 | 420 |
| Jan 8, 2016 | $187K | $445.24 | 1/1 | 420 |
| Oct 20, 2015 | $222K | $410.19 | 1/1 | 540 |
| Jan 30, 2014 | $160K | $380.95 | 1/1 | 420 |
| Jul 18, 2013 | $140K | $333.33 | 1/1 | 420 |
| Apr 18, 2013 | $130K | $309.52 | 1/1 | 420 |
| Mar 29, 2013 | $160K | $380.95 | 1/1 | 420 |
| Jun 20, 2012 | $165K | $284.48 | 1/1 | 580 |
| Mar 26, 2010 | $89K | $211.9 | 1/1 | 420 |