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$7,000,000171 days on marketActive

1355 Drexel Avenue, Miami Beach, FL 33139

Miami Beach, FL 33139
816
Sq Ft
$8,578
$/Sq Ft
2009
Year Built

Listing Snapshot

List Price$7,000,000
Price / Sq Ft$8,578
Beds0
Baths0
Living Area816 sqft
Year Built2009
Property Tax$111,703/yr
MLS #1148416581
StatusActive
Days on Market171

About This Home

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.

General Features

Property Type
ResidentialIncome
Sub-type
Quadruplex
Stories
2
Parking Spaces
2
Zoning
6400
Utilities
CableAvailable
Subdivision
SOBE VILLAGE CONDO

Interior Features

Flooring
Concrete
Heating
Central,SeparateMeters
Cooling
CentralAir

Exterior Features

Construction
Block
Roof
Flat,Tile
Pool
No
Waterfront
No

Community Features

MLS Area
2320

Schools

ElementaryMiami Beach Fienberg / Fisher K-8
HighMiami Beach

Map

Virtual Tour

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Listed by Arthur Porosoff · Compass Florida, LLC
MLS# 1148416581 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $5,600,000

%
Est. Monthly$47,510
Principal & Interest$38,202
Property Tax$9,309

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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