1355 Drexel Ave, Miami Beach, FL

$7,000,000

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816

Square feet

About 1355 Drexel Ave

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 of 1355 Drexel Ave

MLS® # A11929268
USD $7,000,000
CAD $9,664,830
CNY 元47,028,800
EUR €6,029,702
GBP £5,184,942
RUB ₽609,702,800
Bathrooms 0.00
Square Footage 816
Year Built 2009
Type Income
Sub-Type Quadruplex
Style Fourplex
Status Active

Community Information

Address 1355 Drexel Ave
Area 32
Subdivision SOBE VILLAGE CONDO
City Miami Beach
County Miami-Dade
State FL
Zip Code 33139-8117

Amenities

Utilities Cable Available
Parking Spaces 2
Is Waterfront No
Has Pool No

Interior

Interior Concrete
Heating Central
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Roof Flat, Tile
Construction Block

Additional Information

Contact Info 305-209-8866

Listing Details

Contact Info305-209-8866

Listing Map

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