1 / 10

1355 Drexel Ave, Miami Beach, FL 33139

$7,000,000 Beds Baths816 Sq. Ft.$8,578 / sq. ft.

Miami Beach, FL 33139 · SOBE VILLAGE CONDO

Status
Active
Type
Quadruplex
Year Built
2009
Days on Market
177
MLS #
A11929268

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 estate fundamentals.

Property Details

Flooring
Concrete
Heating
Central
Cooling
Central Air
Architectural Style
Other

Building & Association

Building Name
SOBE VILLAGE CONDO
Stories
2
Stories Total
2
Association
No

Lot & Construction

Lot Features
Less Than 1/4 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
Concrete Block Construction
Roof
Flat Tile
New Construction
No

Public Records

Parcel Number
02-32-34-183-0120
Tax Annual Amount
$111,703
Tax Year
2,025
Zoning
6400
County Or Parish
Miami-Dade County

Location

Courtesy of Compass Florida, LLC

Similar Homes in Miami Beach