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Listed price in listed location currency (USD).
$7,250,000

002

MLS® A11929268

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 816 sqft
Garage No
Taxes $111,703
Days Active 0
Lot Size 
Approx. Age 2009
Avg. Price Per Sqft $8,884
MLS® Number A11929268

Property Address: 1355 Drexel Ave, Miami Beach, FL, 33139-8117

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberA11929268
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2009
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 11, 2025List Date
$7,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1355 Drexel Ave, Miami Beach, FL

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