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1355 Drexel Ave Miami Beach, FL $ 7,250,000
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$ 7,250,000 Get more info
1355 Drexel Ave
$ 7,250,000
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1355 Drexel Ave

Miami Beach, FL, 33139
$ 7,250,000
Baths0.0 Sq 816

Monthly Estimate*

$ 44,639

1355 Drexel Ave, Miami Beach, FL 33139 - Image 1
1355 Drexel Ave, Miami Beach, FL 33139 - Image 2
1355 Drexel Ave, Miami Beach, FL 33139 - Image 3
1355 Drexel Ave, Miami Beach, FL 33139 - Image 4
1355 Drexel Ave, Miami Beach, FL 33139 - Image 5
1355 Drexel Ave, Miami Beach, FL 33139 - Image 6
1355 Drexel Ave, Miami Beach, FL 33139 - Image 7
1355 Drexel Ave, Miami Beach, FL 33139 - Image 8
1355 Drexel Ave, Miami Beach, FL 33139 - Image 9
1355 Drexel Ave, Miami Beach, FL 33139 - Image 10
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Studio

Multi-Family Home for sale in Miami Beach, FL

for $7,250,000. This 816 square foot home was built in 2009.

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.

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Multi-Family Active

Price

$ 7,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 111,703

Style

Year Built

2009

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11929268
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Close Of Escrow Negotiable
Roof Flat Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 2009
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name SOBE VILLAGE CONDO
Rent Includes Hot Water Trash Collection Water
Status Active
City Miami Beach
Zoning Description 6400
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional Other
Year Built Details Resale
Tax Annual Amount 111703
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11929268
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198
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Interior
Flooring Concrete
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 2
Building Area Total 816
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Compass Florida, Llc

Broker

305-209-8866

Contact

Affordability Calculator

$53,948
Per Month
83%
17%
0%
Monthly Principal & Interest
$44,639
Monthly Property Taxes
$9,309
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
12/11/2025 $7,250,000 Listed Price

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1355 Drexel Ave, Miami Beach, FL, 33139 is a Multi-Family Home for sale at $7,250,000 with 816 sqft. 1355 Drexel Ave is a studio with 0.0 baths and was built in 2009. The property's zip code is 33139 which is in Miami Beach, FL

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