1355 Drexel Ave, Miami Beach, FL 33139

• 816 sqft

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. 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.

Listing Status:

Active

Date Added:

December 11, 2025 at 06:00AM

Listing Office:

Compass Florida, LLC : 305-851-2820

Listing Agent:

Arthur Porosoff : 305-209-8866

MLS ID:

A11929268

Interior

• Flooring: Concrete
• A/C: Central Air
• Heating: Central

Exterior

• Style: Other

Construction

• Roofing: Flat Tile
• General: Concrete Block Construction2

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 6400SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-219802-32-34-183-0120

Utilities

• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®

This listing courtesy of Arthur Porosoff, Compass Florida, LLC