$225,000
Active
$225,000
1550 Drexel #103
Miami Beach, FL 33139
1 bd1 ba420 sqft
Ohio Apartment Bldg Condo
$189,000Active
736 12th Street 5, Miami Beach, FL 33139
Miami Beach, FL 33139
1
Baths
500
Sq Ft
$378
$/Sq Ft
1947
Year Built
Listing Snapshot
| List Price | $189,000 |
| Price / Sq Ft | $378 |
| Beds | 0 |
| Baths | 1 |
| Living Area | 500 sqft |
| Year Built | 1947 |
| Property Tax | $3,234/yr |
| HOA / Condo Fee | $659 / monthly |
| MLS # | 1180065566 |
| Status | Active |
About This Home
Perfectly positioned in the heart of South Beach, this charming studio offers the ideal blend of beachside living, architectural character, and investment potential. Featuring hardwood floors, abundant closet space, and an updated kitchen with a gas range, the studio is both stylish and functional. Enjoy the building's lush, shaded courtyard complete with grilling and seating areas, or stroll just moments to the beach, Flamingo Park, tennis courts, Española Way, Lincoln Road, world class dining, shopping, and entertainment. A standout feature for investors, the building allows rentals twice per year with a 6 month minimum, offering rare flexibility in one of Miami Beach's most sought after neighborhoods. The association maintains HOA reserves, has no current special assessments, and recently completed a new roof just one year ago that carries a 20 year warranty, providing added peace of mind for future owners. Pet lovers will appreciate that owners are welcome to have pets, making this an excellent choice for a primary residence, vacation getaway, or long term investment. Whether you're looking for a beachside residence, a seasonal retreat, or a property with income potential, this South Beach studio delivers.
General Features
- Property Type
- Residential
- Sub-type
- Condominium
- Stories
- 2
- Parking
- OnStreet
- Security
- Other,PhoneEntry,SmokeDetectors
- Utilities
- CableAvailable
- Subdivision
- PARK CORNER CONDO
Interior Features
- Appliances
- Dishwasher,GasRange,GasWaterHeater,Refrigerator
- Flooring
- CeramicTile,Wood
- Heating
- WallFurnace
- Cooling
- CeilingFans,WallWindowUnits
- Interior Features
- DiningArea,SeparateFormalDiningRoom,SeparateShower
- Window Features
- Blinds,Jalousie
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Awnings,OutdoorLivingArea
- Patio / Porch
- Patio
- Fencing
- Fenced
- Waterfront
- No
Community Features
- Association Amenities
- Laundry,Management,None
- Association Dues
- $659 / monthly
- MLS Area
- 2780
Schools
ElementaryFlorida City
MiddleHomestead
HighHomestead
Map
Listed by Michael Krimus · Krimus Realty, LLC.
MLS# 1180065566 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1180065566 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $151,000
%
Est. Monthly$1,959
Principal & Interest$1,030
Property Tax$270
HOA$659
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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