$7,250,000

1355 Drexel Ave, Miami Beach, FL 33139

  • 816 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2009
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $8,885/sqft
  • Property List Date Icon Listed 6 days ago

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
  • Flooring: Concrete
  • A/C: Central Air
  • Heating: Central
  • Style: Other
  • Roofing: Flat Tile
  • General: Concrete Block Construction2
  • Originating MLS: Miami Association of REALTORS®
  • County: Miami-Dade County
  • Zoning: 6400SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-219802-32-34-183-0120
  • Sewer: Public Sewer
  • Source: Miami Association of REALTORS®

This listing courtesy of Arthur Porosoff, Compass Florida, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fienberg/Fisher K-8 Center

1420 Washington Ave, Miami Beach, FL, 33139

Grades PK-5

0.05 miles away

N

Nautilus Middle School

4301 N Michigan Ave, Miami Beach, FL, 33140

Grades 6-8

2.04 miles away

M

Miami Beach Senior High School

2231 Prairie Ave, Miami Beach, FL, 33139

Grades 9-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.