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1355 Drexel Ave, Miami Beach FL 33139

Residential Income

1355 Drexel Ave

Miami Beach, FL 33139

ML#:A11929268
List Price:$7,000,000
Status:Active
Days on Market:152
Listing Brkr:Compass Florida, LLC
Subdivision:SOBE VILLAGE CONDO
Bedrooms:0
Baths:0
SqFt (Liv):816
Lot Size:0 sqft
Year Built:2009
Stories:2

General Information

Type Property:Residential Income
Style:Quadruplex
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33139
Subdivision:SOBE VILLAGE CONDO
Latitude:25.785125
Longitude:-80.132684

Additional Features

Flooring:Concrete
Heating:Central
Cooling:Central Air
Construction:Concrete Block Construction
Waterfront:No

Financial Information

Annual Taxes (2025):$111,703
Original Price:$7,250,000
Days on Market:152

Remarks

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.

Listing Agent

Arthur Porosoff

Compass Florida, LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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