Ohio, 1550 Drexel Ave 103

$245K6.3%
$229,000
1
Beds
1
Baths
420
SqFt
Status
OFF MARKETExpired
Parking
No info
Size
420 SqFt (39 m2)
Price
$545/SqFt ($5,869/m2)
Type
Condo
Built
1925
HOA
$536/MO
MLS Number
A11839696
View
Other
On Site
417 Days
Updated
298 Days ago
Page Views
0
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!

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Courtyard
  • View: Other
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry, TubShower, WalkInClosets
  • Equipment / Appliances: Refrigerator
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Laminate
  • Windows/Treatment: Blinds
  • Year Built: 1925
  • Year Built Description: Effective Year Built
  • Style: GardenApartment
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2025-07-25T11:18:21.000-00:00
    • Directions: East
    • Pets Allowed: SizeLimit,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CommonAreas, HotWater, Insurance, Laundry, MaintenanceGrounds, MaintenanceStructure, Sewer, Trash, Water
    • Taxes: 3359
    • Security Information: ComplexFenced, Intercom, FireSprinklerSystem
    • Parking Description: OnStreet
    • Total Floors in Building: 2

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    Price History

    Current
    $229K
    High
    $245K
    Low
    $219K
    Total Change
    -6.3%
    $248K$232K$216KJul 25Aug 25Aug 25Oct 25
    Date
    Event
    Price
    Change
    Price Per
    10/01/2025
    Price Increased
    $229K
    4.57%
    $545 ft2
    $5,869 m2
    08/21/2025
    Price Reduced
    $219K
    -4.37%
    $521 ft2
    $5,613 m2
    08/06/2025
    Price Reduced
    $229K
    -6.34%
    $545 ft2
    $5,869 m2
    07/14/2025
    Listed
    $245K
     
    $582 ft2
    $6,266 m2
    10/01/2025
    $229K
    Event
    Price Increased
    Change
    4.57%
    Price Per
    $545 ft2
    $5,869 m2
    08/21/2025
    $219K
    Event
    Price Reduced
    Change
    -4.37%
    Price Per
    $521 ft2
    $5,613 m2
    08/06/2025
    $229K
    Event
    Price Reduced
    Change
    -6.34%
    Price Per
    $545 ft2
    $5,869 m2
    07/14/2025
    $245K
    Event
    Listed
    Price Per
    $582 ft2
    $6,266 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Alicia ProcterLG Realty Group Inc. • Buyer Agency Compensation .

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    Scores

    Walk Score®
    Walker's Paradise. Daily errands do not require a car
    97

    100
    Transit Score®
    Good Transit. Many nearby public transportation options
    59

    100
    Bike Score®
    Very Bikeable. Biking is convenient for most trips
    80

    100
    Sound Score®
    Very loud
    74

    100
    Airport Score
    Close to airports. Noticeable airport activity
    0

    100
    Traffic Score
    Congested area. Frequent traffic delays
    31

    100
    Local Score
    Limited local amenities nearby
    3

    100
    Community Snapshot
    1 – 1 BR
    Bedrooms
    $215K – $319K
    Price Tier
    420 - 580
    SqFt Range
    1925
    Year Build
    2
    Total Floors

    Subdivision Amenities

    Elevators
    Laundry
    None

    Miami Beach
    Mid-Tier
    Mid-Tier Homes & Condos