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.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Roof:
Tile, Flat
Sewer
Address Map
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''
MLS Addon
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
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Residential Income For Sale

1355 Drexel Ave, Miami Beach, Florida 33139, Miami Beach, Florida 33139

816 Sqft
$7,250,000
MLS # #A11929268
Basic Details
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
Agent info
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