1355 Drexel Ave Miami Beach FL 33139 MLS #A11929268

1355 Drexel Ave
Miami Beach, FL, 33139
$7,250,000
Beds
0 Baths
816 SqFt
0 Acres
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MLS #A11929268 image #0
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.

Property Details

Price:
$7,250,000
MLS #:
A11929268
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
SOBE VILLAGE CONDO
Neighborhood:
sobevillagecondo
Listed Date:
Dec 11, 2025
Finished Sq Ft:
816
Total Sq Ft:
816
Year Built:
2009
OtherSobe Village CondoSobevillagecondoSobe Village Condo

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Schools

Interior

Cooling
Central Air
Flooring
Concrete
Heating
Central

Exterior

Architectural Style
Other
Construction Materials
Concrete Block Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
2
Parking Total
2
Roof
Flat Tile
Stories
2

Financial

Tax Year
2025
Taxes
$111,703

Map

Community

Subdivisions in Miami Beach

Market Summary

Current real estate data for Multi Family in Miami Beach as of Apr 27, 2026
49
Multi Family Listed
183
Avg DOM
2,144
Avg $ / SqFt
$3,001,120
Avg List Price

Property Summary

    Located in the SOBE VILLAGE CONDO subdivision, 1355 Drexel Ave Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $7,250,000 To schedule a showing of MLS#a11929268 at 1355 Drexel Ave in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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1355 Drexel Ave
Miami Beach, FL