$4,695,000
Active
2d
$4,695,000
5309 Alton
Miami Beach, FL 33140
6 bd5.5 ba6,011 sqft
La Gorce Golf Sub
$4,450,000135 days on marketActive
1335 Drexel Avenue, Miami Beach, FL 33139
Miami Beach, FL 33139
0
Sq Ft
1939
Year Built
0.11 acres
Lot Size
Listing Snapshot
| List Price | $4,450,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.11 acres |
| Year Built | 1939 |
| Property Tax | $28,411/yr |
| MLS # | 1151532097 |
| Status | Active |
| Days on Market | 135 |
About This Home
Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach. The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. All serious offers must be in writing and will be reviewed and responded to promptly!
General Features
- Property Type
- CommercialSale
- Sub-type
- HotelMotel
- Stories
- 2
- Zoning
- 6400
- Security
- SecurityFence
Interior Features
- Flooring
- Carpet,Wood
- Cooling
- WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- Concrete
Community Features
- MLS Area
- 2320
Map
Virtual Tour
View Virtual TourListed by Marion Ott · Douglas Elliman
MLS# 1151532097 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1151532097 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $3,560,000
%
Est. Monthly$26,653
Principal & Interest$24,285
Property Tax$2,368
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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