1355 Drexel Avenue
Miami Beach, FL, 33139
$7,000,000
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.
Current real estate data for Multi Family in Miami Beach as of Nov 03, 2026
46
Multi Family Listed
207
Avg DOM
766
Avg $ / SqFt
$3,099,998
Avg List Price
Listing Provided Courtesy of Compass Florida, LLC at 305-851-2820
Property Details
Price:
$7,000,000
MLS #:
A11929268
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SOBE VILLAGE CONDO
Neighborhood:
2320
Listed Date:
Dec 11, 2025
Finished Sq Ft:
816
Total Sq Ft:
816
Year Built:
2009
Schools
Elementary School:
Miami Beach Fienberg / Fisher K-8
High School:
Miami Beach
Interior
Cooling
Central Air
Flooring
Concrete
Heating
Separate Meters, Central
Exterior
Construction Materials
Block
Roof
Flat, Tile
Financial
Tax Year
2025
Taxes
$111,703
Map
Contact Us
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Community
- Address1355 Drexel Avenue Miami Beach FL
- SubdivisionSOBE VILLAGE CONDO
- CityMiami Beach
- CountyMiami-Dade
- Zip Code33139
Property Summary
- Located in the SOBE VILLAGE CONDO subdivision, 1355 Drexel Avenue Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $7,000,000 To schedule a showing of MLS#a11929268 at 1355 Drexel Avenue in Miami Beach, FL, contact your Trust House Realty agent at 9543362003.
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