1355 Drexel Ave, Miami Beach, FL 33139

Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
1355 Drexel Ave,Miami Beach, FL 33139
$7,250,000
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  • - Beds
  • - Baths
  • 816 sq. ft.
  • Multi-family
  • Active
Listed by: arthur porosoff
Office: compass florida, llc.
MLS#:A11929268
Source:SEFMLS

Price summary

  • Price:$7,250,000
  • Price per sq. ft.:$8,884.8

About this home

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

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Home facts

  • Year built:2009
  • Listing ID #:A11929268
  • Updated:December 17, 2025 at 01:08 PM

Rooms and interior

  • Living area:816 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Flat, Tile
  • Year built:2009
  • Building area:816 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,250,000
  • Price per sq. ft.:$8,884.8
  • Tax amount:$111,703 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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