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1355 Drexel Ave, Miami Beach, FL
Offering:
For Sale
Location:
Miami Beach, FL 33139
Subdivision:
SOBE VILLAGE CONDO
Status:
Active
$7,000,000
Deemed reliable but not guaranteed.
Details
Year built:
2009
Levels:
Two
Stories:
2
Parking:
2 spaces
Style:
Fourplex
Days on market:
152
Annual tax (2025):
$111,703
Type:
Quadruplex
MLS ID
A11929268
Virtual tour:
Listed by:
Compass Florida, LLC (COMP01)
Listing office phone:
305-851-2820
Listing office email:
Listing agent:
Arthur Porosoff (3160379)
Features
Utilities
Available:
Cable Available
Sewer:
Public Sewer
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.
Price history
$7,250,000 → $7,000,000
·
Reduced by
$250,000 (3.4%) · 2 price changes
Location
1355 Drexel AveMiami Beach, FL 33139
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MLS information
Last updated May 12, 2026
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