Miami Beach, FL 33139 1355 Drexel Ave
$7,000,000



5 more





Presented By: This listing is courtesy of Compass Florida, LLC
Home Details
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.
Presented By: This listing is courtesy of Compass Florida, LLC
Interior Features for 1355 Drexel Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringConcrete
Heating Y/NYes
General for 1355 Drexel Ave
Architectural StyleFourplex
AttributionContact305-209-8866
CityMiami Beach
Construction MaterialsBlock
CoolingCentral Air
CountyMiami-Dade
HeatingCentral
Legal DescriptionSOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198
LevelsTwo
Listing TermsCash, Conventional, Other
Lot Size UnitsSquare Feet
MLS Area32
Occupancy TypeTenant
Pool FeaturesNone
PossessionClose Of Escrow, Negotiable
PostalCityMiami Beach
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent IncludesHot Water, Trash Collection, Water
RoofFlat, Tile
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSOBE VILLAGE CONDO
Tax Annual Amount111703
Tax Year2025
UtilitiesCable Available
Virtual TourClick here
Year Built2009
Year Built DetailsResale
Zoning Description6400
Exterior for 1355 Drexel Ave
Building Area Total816
Covered Spaces
Lot Features< 1/4 Acre
Total Parking2
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Angela Quintero
Realtor®
SQFT • 816