$4,450,000
1335 Drexel Avenue, Miami Beach, FL 33139
- 5,360 sqft
Commercial Property 
Built in 1939 
4,792sqft lot
—— car garage 
$830/sqft 
Listed 6 months ago
Property Description
Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach. The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. All serious offers must be in writing and will be reviewed and responded to promptly!
- Listing Status:
- Active
- Date Added:
- July 22, 2026
- Data Last Updated:
- July 28, 2026 at 11:20PM
- Listing Office:
- Douglas Elliman : 305-695-6300
- Listing Agent:
- Marion K Ott : 305-915-4854
- MLS ID:
- A11933913
- Roofing: Concrete
- General: Block2
- Originating MLS: BEACH_MIAMI
- County: Miami-Dade
- Zoning: 6400H PRATTS RESUB OCEAN BEACH NO 3 PB 6-17 LOT 12 BLK 21 LOT SIZE 50.000 X 100 OR 16411-0124 0694 40232340110070
- Water: Public
- Source: BEACH_MIAMI
This listing courtesy of Marion K Ott , Douglas Elliman
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
