Retreat, 1340 Drexel Ave #406

Studio
Beds
1
Baths
515
SqFt
$476
$/SqFt
Premium CondoProperty Type
1949Year Built
$476/SqFtPrice per sq ft
$412/moHOA Fees
GardenView
CourtyardExterior Features
C A S H O N L Y - This RARE “HEART OF SOUTH BEACH STUDIO GEM" is in a recently renovated Art Deco privately gated and secure modern complex. Quality cherry hardwood floors, stainless steel kitchen and appliances, central AC, modern bath with shower, private washer / dryer inside the unit. Close to the beach, the public pool and tennis courts and a gorgeously landscaped courtyard with greenery, a fountain, lounge chairs and tables to relax. Very bright and in excellent condition, new central AC unit. Landlord to pay in full any special assestment at closing. TENANT OCCUPIED @ $ 1800 PER MONTH.
Listing Courtesy Of: AG Real Estate Advisors, LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 317 DaysUpdated: 240 Days agoPage Views: 0

Features

MLS Number: A11932789
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Courtyard, Fence, StormSecurityShutters
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, SecondFloorEntry, MainLivingAreaEntryLevel
  • Equipment / Appliances: Dryer, Dishwasher, IceMaker, Microwave, Other, Refrigerator, Washer
  • Heating Description: HeatPump
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Hardwood,Wood
  • Year Built: 1949
  • Year Built Description: Resale
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-12-27T17:08:18.000-00:00
    • Pets Allowed: SizeLimit,Yes
    Taxes, Fees & More
    • Maintenance Includes: CommonAreas, MaintenanceGrounds, MaintenanceStructure, ReserveFund, Sewer, Trash, Water
    • Taxes: 3642
    • Security Information: ClosedCircuitCameras, ComplexFenced, PhoneEntry, SmokeDetectors
    • Parking Description: OnStreet
    • Total Floors in Building: 2

    Apples-to-Apples Comparables

     Closest-Match Comparables
    See closest-match comps for this subdivision
    No obligation
    Verified
    Trends
    Insights
    Best of Luxury Realty
    Talk to a local advisor
    Licensed advisors answering your questions across Miami Beach, FL
    01
    Licensed Brokerage
    02
    Local Advisors
    03
    Direct Answers
    Exclusive real estate service partner

    Price History

    Current
    $245K
    High
    $265K
    Low
    $245K
    Total Change
    -7.5%
    $267K$255K$243KDec 25Jan 26Feb 26Mar 26
    Date
    Event
    Price
    Change
    Price Per
    03/13/2026
    Price Reduced
    $245K
    -3.92%
    $476 ft2
    $5,121 m2
    02/08/2026
    Price Reduced
    $255K
    -1.92%
    $495 ft2
    $5,330 m2
    01/20/2026
    Price Reduced
    $260K
    -1.89%
    $505 ft2
    $5,434 m2
    12/27/2025
    Listed
    $265K
     
    $515 ft2
    $5,539 m2
    03/13/2026
    $245K
    Event
    Price Reduced
    Change
    -3.92%
    Price Per
    $476 ft2
    $5,121 m2
    02/08/2026
    $255K
    Event
    Price Reduced
    Change
    -1.92%
    Price Per
    $495 ft2
    $5,330 m2
    01/20/2026
    $260K
    Event
    Price Reduced
    Change
    -1.89%
    Price Per
    $505 ft2
    $5,434 m2
    12/27/2025
    $265K
    Event
    Listed
    Price Per
    $515 ft2
    $5,539 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Aldo Massaglia • AG Real Estate Advisors, LLC • Buyer Agency Compensation .
    Tour This Property
    Choose an in-person or video tour with a licensed local advisor
    A local advisor will confirm availability
    Ready to Make an Offer?
    Get expert guidance from a local advisor
    Community Snapshot
    Studio – 1 BR
    Bedrooms
    $245K – $270K
    Price Tier
    515 - 734
    SqFt Range
    1949
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Barbecue
    Controlled Access
    Laundry
    Maintenance
    None

    All Miami Beach, FL
    Premium
    Premium Homes & Condos

    Other Miami Beach, FL Homes & Condos Price Range Segments