1355 Drexel Avenue, Miami Beach, FL

$7,000,000

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816

Square feet

About 1355 Drexel Avenue

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.

Multi-Family home for sale in Miami Beach, FL at 1355 Drexel Avenue. This Multi-Family home is priced at $8,578/sqft

Features of 1355 Drexel Avenue

MLS® # A11929268
Price $7,000,000
Square Footage 816
Year Built 2009
Type Multi-Family
Sub-Type Quadruplex
Status Active

Community Information: Miami Beach

Address 1355 Drexel Avenue
Area 2320
Subdivision SOBE VILLAGE CONDO
City Miami Beach
County Miami-Dade
State FL
Zip Code 33139

Amenities of 1355 Drexel Avenue

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior of 1355 Drexel Avenue

Heating Central, Separate Meters
Cooling Central Air
# of Stories 2

Exterior of 1355 Drexel Avenue

Roof Flat, Tile
Construction Block

School Information

Elementary Miami Beach Fienberg / Fisher K-8
High Miami Beach

Additional Information On 1355 Drexel Avenue

Listing Courtesy of Compass Florida, LLC
Date Listed December 11th, 2025
Zoning 6400
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass Florida, LLC

Listing Map

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