Property Description
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!
Features
- Cooling System
- Security
- Roof:
- Concrete
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33139
- Street:
- 1335 Drexel Ave, Miami Beach, Florida 33139
- Longitude:
- W81° 52' 2.4''
- Latitude:
- N25° 47' 5.5''
MLS Addon
- Building Area:
- 5,360 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 15
- DOM:
- 28
- Flooring:
- Carpet, Wood, Hardwood
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash,Owner May Carry
- Parcel Number:
- 02-32-34-011-0070
- Structure Type:
- Hotel/motel
- Tax Annual Amount:
- $28,411
- Tax Year:
- 2024
- Virtual Tour:
- Click Here
Commercial Sale For Sale
1335 Drexel Ave, Miami Beach, Florida 33139, Miami Beach, Florida 33139
5,000 Sqft
$4,950,000
MLS # #A11933913
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $4,950,000
- Year Built :
- 1939
- Lot Area :
- 5,000 Sqft
- MLS # :
- A11933913
- Property Sub Type :
- Hotel/motel
