Property listing for 1308 Drexel Ave #103, Miami Beach, FL, 33139
For SaleCondominium

$295,000

1308 Drexel Ave #103, Miami Beach, FL, 33139

Renovated Art Deco 2BR Condo — Two Blocks to Ocean Drive

2 Bed · 1 Bath · 720 Sq Ft

Sunlit southern exposure, new appliances, impact windows, and low HOA near Lincoln Road.

2

Beds

1

Baths

720

Sq Ft

1925

Built

About 1308 Drexel Ave #103

This turnkey Art Deco residence in the Habana building brings South Beach style and a freshly modernized interior just two blocks from Ocean Drive. Step into an open-concept living area finished with white ceramic tile that flows toward a brand-new breakfast counter and stainless steel appliances — a clean, contemporary update that respects the building’s 1925 character. Southern exposure floods the apartment with consistent daylight, framing leafy views of the building’s interior courtyard.

Thoughtful upgrades are evident throughout: all impact windows, a new A/C system, custom closets, new blinds, and a fresh coat of paint. The layout makes efficient use of 720 square feet with two bedrooms that work equally well for guests or a home office. Practical improvements — the building passed 40/50 certification, the roof was replaced in 2025, and the HOA maintains full reserves — give buyers long-term confidence.

Habana is a boutique, Art Deco-style building with a serene tropical courtyard lounge that feels like a quiet retreat amid South Beach’s energy. Building amenities include laundry, Amazon package locker, bike storage racks, and FOB access. The association has a low HOA fee; note the unit is sold unfurnished, sold as-is, and the condo does not allow rentals during the first year.

Location here is the headline: stroll two blocks to Ocean Drive and the beachfront, wander to Lincoln Road Mall for shopping and dining, or take in recreational space at nearby Flamingo Park. This unit suits someone seeking a primary residence, pied-à-terre, or lifestyle buyer who wants to be immersed in South Beach’s restaurants, nightlife, and cultural scene while returning to a calm, updated home.

Home Highlights

Renovated 2-bedroom unitSouthern exposure with bright interiorsNew stainless steel appliancesAll impact windowsNew A/C and custom closetsRoof replaced 2025; building passed 40/50 certificationLow HOA and full reservesTwo blocks to Ocean Drive and the beachNo rentals in first year; sold as-is

Property Features

Interior Features

  • 2 bedrooms, 1 bathroom
  • 720 square feet
  • White ceramic tile flooring throughout
  • Open-concept kitchen with new breakfast counter
  • New stainless steel appliances
  • All impact windows
  • New A/C system
  • Brand new custom closets
  • Fresh paint and new blinds
  • Unfurnished

Exterior & Lot

  • Art Deco boutique building (Habana)
  • Serene interior tropical courtyard lounge
  • Roof replaced in 2025
  • Low HOA with full reserves
  • Passed 40/50 certification
  • Amazon package locker
  • Bike storage racks
  • FOB access
  • Laundry room
  • Sold As Is

Location & Neighborhood

  • Approximately 2 blocks to Ocean Drive and the beach
  • Steps from Lincoln Road Mall
  • Walking distance to Flamingo Park
  • Close to chef-driven restaurants, shops, and nightlife
  • South Beach neighborhood

Walkability & Recreation

  • Walkability Rating: 95/100 — Very Walkable
  • Beach access and Ocean Drive (≈2 blocks)
  • Flamingo Park nearby for sports and green space
  • Lincoln Road pedestrian mall within easy walking distance
  • Bike storage on-site for urban cycling
  • Community recreation and dining within short walks

Neighborhood & Location

South Beach around Drexel Avenue is one of Miami Beach’s most animated pockets — a blend of iconic Art Deco architecture, pedestrian-friendly shopping, and an energetic dining scene. Residents enjoy immediate access to Ocean Drive and the beach, plus Lincoln Road’s open-air mall for boutiques, cafes, and weekend events. Flamingo Park provides green space, courts, and recreational programming. The neighborhood suits those who value an urban beach lifestyle where cafés, galleries, and nightlife sit within an easy stroll.

Market Insights

This offering is positioned precisely at a sweet spot for buyers seeking South Beach lifestyle without luxury pricing: the broker list price of $295,000 aligns with the valuation midpoint provided ($295,000) and a stated price-per-square-foot of approximately $410. Those figures reflect the premium Miami Beach buyers place on location and turnkey condition for smaller condos. While deeper transaction metrics (current days on market, exact inventory counts) are not included in the available research, typical dynamics for central Miami Beach favor well-priced, move-in-ready units — particularly in boutique buildings with low HOAs and recent capital improvements (the Habana roof replacement in 2025 and a completed 40/50 certification are notable positives).

Investor buyers should weigh the condominium’s rental restriction (no rentals in the first year) against operating costs; owner-occupants and second-home buyers often see the best value here. Given the unit’s updates, impact windows, and recently funded reserves, buyers can expect fewer near-term assessments compared with older buildings lacking recent capital work. For a precise market timing strategy, prospective buyers should consult local sales comps and current MLS activity, but the price positioning and building condition make this a compelling opportunity in South Beach’s compact condo segment.

Walkability & Recreation

95
Walkability
95
Recreation

Exceptional beach and park access: Ocean Drive and the beach are about two blocks away, Flamingo Park is within walking distance, and Lincoln Road offers a continuous pedestrian corridor for walking, dining, and outdoor activities.

AI Valuation Estimate

Low

$283K

Midpoint

$295K

High

$307K

$410/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

  • Approximately 2 blocks to Ocean Drive and the beach
  • Steps from Lincoln Road Mall
  • Walking distance to Flamingo Park
  • South Beach neighborhood
  • Beach access and Ocean Drive (≈2 blocks)
  • Flamingo Park nearby for sports and green space
  • Lincoln Road pedestrian mall within easy walking distance

South Beach around Drexel Avenue is one of Miami Beach’s most animated pockets — a blend of iconic Art Deco architecture, pedestrian-friendly shopping, and an energetic dining scene. Residents enjoy immediate access to Ocean Drive and the beach, plus Lincoln Road’s open-air mall for boutiques, cafes, and weekend events. Flamingo Park provides green space, courts, and recreational programming. The neighborhood suits those who value an urban beach lifestyle where cafés, galleries, and nightlife sit within an easy stroll.

Market data is based on aggregated public records and may not reflect real-time conditions.

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