No photos available
Offered at
$7,000,000
1355 Drexel Avenue, Miami Beach, FL 33139
- 0
- Beds
- 0
- Full Baths
- 816
- Sq.Ft.
Listing courtesy of Arthur Porosoff, Compass Florida, LLC
Property Description
Turnkey 18-unit short-term rental opportunity in the heart of Miami Beach—just steps from Ocean Drive, Collins Avenue, and Lincoln Road. This prime location offers unrivaled access to the area’s top dining, entertainment, and beachfront attractions. With legal short-term rental zoning and a proven operational track record, the property stands out as a secure, scalable investment in a market where compliant STR assets are increasingly rare.Each unit features a full kitchen, in-unit or onsite laundry, Wi-Fi/cable, and modern interior finishes designed to meet the expectations of today’s short-term traveler. The building has been consistently maintained and optimized for both remote and on-site management, supporting steady year-round occupancy and above-market ADRs. With strict regulations limiting new STR supply and tourism demand in Miami Beach continuing to grow, 1355 Drexel Ave presents investors with a resilient, high-yield cash-flow asset backed by strong underlying real estate fundamentals.
Overview
At a glance
- Property Type
- Residential Income
- Property Sub-Type
- Quadruplex
- Address
- 1355 Drexel Avenue, Miami Beach, FL 33139
- Zoning
- 6400
- MLS ID
- A11929268
- Listing Date
- 2025-12-11
- Last Updated
- 5/31/2026, 7:02:19 AM
- Days on Market
- 182
- Subdivision
- SOBE VILLAGE CONDO
Features & Amenities
The Details
Interior
- Flooring
- Concrete
Exterior
- Construction
- Block
- Sewer
- Public Sewer
- Utilities
- Cable Available
- Cooling
- Central Air
- Heating
- Central, Separate Meters
Details
- Building Area
- 816 sq.ft.
- Subdivision
- SOBE VILLAGE CONDO
- Stories
- 2
- Year Built
- 2009
- County
- Miami-Dade
- Zoning
- 6400
Financial
- List Price
- $7,000,000
- Original List Price
- $7,250,000
- Annual Tax
- $111,703/yr
- Tax Year
- 2025
Location
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.