1340 Drexel Ave · Miami Beach, FL 33139 · South Beach

Retreat

2-story low-rise, completed 1949, 28 residences in South Beach. 1 for sale and 1 for rent on Nov 2, 2026.

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At a glance Retreat (1340 Drexel Ave, South Beach) is a 2-story, 28-unit building completed in 1949. As of Nov 2, 2026, 1 unit is for sale and 1 is for rent; the median rent was $1,800 a month over 4 leases in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

For sale
1
For rent
1
Median rent
$1,800/mo4 leases · 12 mo
Sold
1last 12 months
Built
1949
Floors
2
Residences
28county
Flood zone
AEFEMA
Owner-occupied
43%
Avg. unit
676sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Retreat.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

Retreat, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

16 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 1
  • Under contract 1
  • Sold or leased, last 12 months 3
  • Seen in the MLS before that 11
  • No MLS record seen 8
0203040506084102030405060841

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen16of 28 residences on record
Floors with units4floors 1 to 4
Lines6stacks of units, by number

Closed $/SF figures use the 1 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

The largest typical unit is line 02, a median 720 sf over 3 units seen, recorded with 1 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 023720 sf11–
Line 032515 sfStudio––
Line 043515 sfStudio––
Line 053720 sf1–1 sale, too few
Line 063515 sfStudio1–
Line 082734 sf1––

2 units in the record sit outside this grid (201, 407): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Retreat.

Activity as of Nov 2, 2026
  • Resale +39%. The median closed price moved from $315/SF in 2021 (4 sales) to $438/SF in 2023 (3 sales), the first and last years with three or more recorded sales.
Read the full record 4 paragraphs and 11 facts, every figure from the MLS and county record

Retreat is a low-rise condominium of two floors at 1340 Drexel Ave in South Beach, built in 1949. County folio records count 28 residences, averaging 676 SF of living area.

One unit was for sale on November 2, 2026, asking $245K (that is $476/SF). One more was under contract. One sale closed between November 2, 2025 and November 2, 2026 at $280K, $389/SF. Across 15 recorded sales since 2021, the best year by median price per square foot was 2023, at $438 over 3 sales.

One unit was offered for rent at $2,850 a month. Four leases were signed over the same 12 months, at a median $1,800 a month (range $1,700 to $1,950).

County records show 43% of residences as owner-occupied.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1340 Drexel Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1949
Floors
2
Residences (county-verified)
28
Owner-occupied
43% of residences
Avg. unit size
676 sq ft
Total living area
18,928 sq ft
County condo folios
28
Recorded MLS listings
59
Also recorded as
1330 Drexel Ave

The numbers at Retreat.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2021 to 2026. Count in the tooltip.

$219$438$3152021$3982022$4382023$4362024$3892026$219$438$3152021$3982022$4382023$4362024$3892026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)1$389*2$1,825/mo*
2025––5$1,950/mo
20241$436*7$2,350/mo
20233$4386$2,200/mo
20226$3984$2,225/mo
20214$3157$1,750/mo
2020––7$1,550/mo
2019––1$1,650/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 15 sales · 39 leases on record since 2021

Closed sales Nov 2, 2024 to Nov 2, 2026 · 1

UnitBDBASFAskedClosed$/SFClose dateDOM
20511720$285,000$280,000$389Jul 31, 2026505

Leases signed Nov 2, 2025 to Nov 2, 2026 · 4

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
30301515$1,700/mo$1,700/mo$3.30Mar 30, 202633
40301515$1,950/mo$1,950/mo$3.79Jan 8, 202664
40601515$1,800/mo$1,800/mo$3.50Dec 22, 202549
20511720$1,800/mo$1,800/mo$2.50Dec 1, 202589

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Retreat.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Nearby

Around Retreat

5 more nearby

Smaller buildings close by: The Santa Barbara (210 m) · 1344 Euclid Avenue (220 m) · S & T (230 m) · Euclid Townhouses (280 m) · 1235 Meridian Ave (310 m) · The Park Vintage (320 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Retreat's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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Looking here?

Get alerts when a unit lists or sells

When a unit at Retreat lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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