RETREAT CONDO

1340 Drexel Ave # 406, Miami Beach FL 33139

1 baths · 515 ft²

For Sale · Active Listing

$245,000

7.55%

Est. Payment $1,304/mo

MLS Sheet Video

1

Bathrooms

515

Sq. Ft.

1949

Year Built

2

Stories

170

Days on Market

Description

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.

Facts

MLS#
A11932789
Subdivision
RETREAT CONDO
Property Type
Residential
Property Sub Type
Condominium
Year Built
1949
Lot Size
0 sqft
Sq. Ft.
515 ft²
Sq. Mt.
48 m²
Price per sq. ft.
$476/ft²
Price per sq. mt.
$5,104/m²
Stories
2
Garage
Pool
Days on Market
170 days
Listed
Dec 18, 2025
Last Updated
Mar 13, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

46

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/13/2026Price change$245,000-7.5%
12/18/2025Listed for sale$265,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1340 Drexel Ave # 406, Miami Beach FL 33139Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$1,658/mo

Principal & Interest

$1,304

Property Tax

$204

Insurance

$150

HOA

$0

20% ($49,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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