Active For Sale Resale
1355 DrexelAvenue, Miami Beach, FL 33139
1355 Drexel Avenue, Miami Beach, FL 33139
  • $7,000,000
  • $7,250,000

Overview

Property ID: HZA11929268
  • Quadruplex, Residential Income
  • Property Type
  • 816
  • Sqft
  • 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 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.

  • Address 1355 Drexel Avenue
  • City Miami Beach
  • State/county FL
  • Zip/Postal Code 33139
  • Area Miami-Dade

Details

Updated on September 23, 2026 at 11:56 am
  • Property ID: HZA11929268
  • Price: $7,000,000
  • Property Size: 816 Sqft
  • Garage Size: x x
  • Year Built: 2009
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, Conventional, Other
  • Roof: Flat, Tile
  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Central, Separate Meters
  • Flooring: Concrete
  • County: Miami-Dade
  • Property Type: Residential Income
  • Elementary School: Miami Beach Fienberg / Fisher K-8
  • High School: Miami Beach

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