ActiveMLS® A11932789

$245,000

1340 Drexel Avenue 406, Miami Beach, FL 33139

Beds: 0
Baths: 1
Sqft: 515

Est. payment$2,110/mo

Home type: Condominium
Year built: 1949
Lot size: —
Price / sqft: $476
HOA: $412/mo
Community: RETREAT CONDO

Property 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.

Listing activity

Days on market: 308
Listed: Dec 18, 2025
MLS listing updated: Jul 7, 2026
Feed last checked: 11 minutes ago

Listed by Aldo Massaglia · AG Real Estate Advisors, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 0
Flooring: Wood
Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Other
Furnished: Partially
Other equipment: Intercom, Other

Heating & cooling

Heating: Heat Pump
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: On Street
Attached garage: No

Exterior

Stories: 2
Building area: 515 sqft
Entry level: 2
Exterior features: Courtyard
Fencing: Fenced
View: Garden
Waterfront property: No

Construction

Type & style

Home type: Condominium
Year built: 1949
New construction: No

Materials

Construction: CBS, Other
Property condition: Resale

Utilities & green energy

Utilities

Electric: Circuit Breakers
Utilities: Cable Available

Community & HOA

Community

Subdivision: RETREAT CONDO
MLS area: 2320
Security: Closed Circuit Camera(s), Entry - Phone/Intercom, Security Fence, Smoke Detector(s)
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $412 monthly
Estimated monthly dues: $412
Amenities: None
Services included: Common Areas, Maintenance Grounds, Maintenance Structure, Reserve Funds, Sewer, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33139

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11932789
Possession: Close Of Escrow
Original list price: $265,000
Parcel number: 0232341920240
Annual property tax: $3,642
Tax year: 2025
Tax legal description: RETREAT CONDO UNIT 406 BLDG 1340 UNDIV 515/18972 INT IN COMMON ELEMENTS OFF REC 25041-3928 COC 26043-0001 10 2007 1

Additional MLS details

Reported by the listing source

Association Amenities: None
Association Fee Frequency: Monthly
Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Reserve Funds, Sewer, Trash, Water
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 515
Construction Materials: CBS, Other
County Or Parish: Miami-Dade
Days On Market: 308
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
List Price: 245000
Listing Contract Date: 2025-12-18
Living Area: 515
MLSArea Major: 2320
Mls Status: Active
On Market Date: 2025-12-18
Photos Count: 28
Postal Code: 33139
Price Change Timestamp: 2026-03-13T20:43:21Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Closed Circuit Camera(s), Entry - Phone/Intercom, Security Fence, Smoke Detector(s)
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2025-12-18T22:11:42Z
Stories Total: 2
Subdivision Name: RETREAT CONDO
Tax Annual Amount: 3642
Bathrooms Full: 1
Bedrooms Total: 0
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 412

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Dec 18, 2025	ListedMIAMI REALTORS® MLS	$265,000$515/sqft
Mar 13, 2026	Price reducedMIAMI REALTORS® MLS	$245,000$476/sqft

Public tax history

Year	Property taxes	Assessment
2025	$3,642	—

Payment calculator

Estimated monthly payment$2,110/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,271
Property taxes: $304
Insurance: $123
Association dues: $412

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

RETREAT CONDO

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach Fienberg / Fisher K-8Elementary

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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