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1355 Drexel Ave

Miami Beach, FL

Listing Details

  • $7,000,000
  • MLS# A11929268
  • Type Multi Unit - Multiple
  • Status Active
  • 816
    Square Feet
  • 2009
    Year Built

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 areas 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 todays short-term traveler. The building has been consistently... Read more 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.

Key Features

No amenity information available.

View All Features
1355 Drexel Ave
Miami Beach, FL 33139
Subdivision
SOBE VILLAGE CONDO
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Central Air
  • Crops Included Y/N: No
  • Days on Site: 214
  • Exterior: Concrete Block Construction
  • Flooring: Concrete
  • Heating: Central
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: Less Than 1/4 Acre Lot
  • Parcel#: 02-32-34-183-0120
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Flat Tile
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $111,703
  • Year Built: 2009