- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
$7,000,000
Monthly Est:$34,842
-- Bed
-- Bath
816sqft
1355 Drexel Ave, Miami Beach, FL 33139
$7,000,000
$34,842/moEst:
Get Pre-Approved
Quadruplex
Built in 2009
$-- HOA
-- sqft lot
$8,578/sq.ft
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: September 23, 2026 at 11:56 am
- Listing Provided by: Arthur Porosoff DRE #3160379 | Compass Florida, LLC (305) 851-2820
- Source: Beaches MLS-FL | MLS#: A11929268
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
2009
HOA Fees
-
Finished Area
816 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A11929268
MLS Status
Active
Days on Market
319
Cumulative Days on Market
286
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
Central Air
Heating
Central, Separate Meters
Flooring
Concrete
Construction
Year Built
Year Built: 2009
Home type
Quadruplex
Roof
Flat, Tile
Construction Materials
Block
Property Condition
Resale
Utilities & Energy
Utilities
Cable Available
Other Features
Subdivision Name
Sobe Village Condo
Price History
| Date | Event | Price |
|---|---|---|
05/12/2026 Source: #A11929268 | Off Market | $7,000,000 -3.45% $8,578/sqft |
12/11/2025 Source: #A11929268 | Listed for Sale | $7,250,000 $8,885/sqft |
Getting Around 1355 Drexel Ave
Walk Score®
Walker's Paradise
98/100
Transit Score®
Good Transit
57/100
Data provided by Redfin
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