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.
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
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Concrete
Heating
Central
Exterior
Architectural Style
Other
Construction Materials
Concrete Block Construction
Parking Spots
2
Roof
Flat Tile
Financial
Tax Year
2025
Taxes
$111,703
Map
Community
- Address1355 Drexel Ave Miami Beach FL
- SubdivisionSOBE VILLAGE CONDO
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Subdivisions in Miami Beach
Market Summary
Current real estate data for Multi Family in Miami Beach as of Mar 10, 2026
52
Multi Family Listed
173
Avg DOM
2,182
Avg $ / SqFt
$2,965,487
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 800-783-8847.
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