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1355 Drexel Ave, 
Miami Beach, FL 33139

$7,250,000


Bed


Bath


816

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Arthur Porosoff

Compass Florida, LLC.

Last updated:

December 13, 2025, 10:53 AM

MLS#

A11929268

Source:

SEFMLS

About This Home

1355 Drexel Ave

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.

Home Facts

Multi-Family

Built in 2009

Price Summary

7,250,000

$8,884 per Sq. Ft.

MLS #:

A11929268

Last Updated:

December 13, 2025, 10:53 AM


Rooms & Interior

Interior

Living Area:

816 Sq. Ft.


Structure

Structure

Architectural Style:

Fourplex

Building Area:

816 Sq. Ft.

Year Built:

2009


Finances & Disclosures

Finances

Price:

$7,250,000

Price per Sq. Ft:

$8,884 per Sq. Ft.

Source:SEFMLS
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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