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.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Tile, Flat
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33139
- Street:
- 1355 Drexel Ave, Miami Beach, Florida 33139
- Longitude:
- W81° 52' 2.4''
- Latitude:
- N25° 47' 6.8''
- Building Area:
- 816 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 4
- DOM:
- 61
- Flooring:
- Concrete
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, Other
- Lot Features
- Parcel Number:
- 02-32-34-183-0120
- Subdivision Name:
- SOBE VILLAGE CONDO
- Tax Annual Amount:
- $111,703
- Tax Year:
- 2025
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1355 Drexel Ave, Miami Beach, Florida 33139, Miami Beach, Florida 33139
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $7,250,000
- Square Footage :
- 816 Sqft
- Year Built :
- 2009
- MLS # :
- A11929268
- Property Sub Type :
- Quadruplex
