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Property 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.rnrnEach 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
2
Address Map
FL
Miami-Dade County
Miami Beach
33139
1355 Drexel Ave
SOBE VILLAGE CONDO
W81° 52' 2.3''
N25° 47' 6.5''
SOBE VILLAGE CONDO
MLS Addon
Other
All Cash, Conventional
1
Hot Water, Water, Trash Collection
2
Quadruplex, Fourplex
$111,703
2025
Click Here
6400
11/12/2025 18:57:12

1355 Drexel Ave, Miami Beach, Florida 33139

$7,250,000
816 size sq.ft.
Listing ID #A11929268
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11929268
Price $7,250,000
Square Footage 816 Sqft
Year Built 2009
Days on Market 4
Building Area 816 Sqft
Status Active
Property SubType Quadruplex
On Market Date 11/12/2025
Elena Beck
MiamiInvestrealty
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