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For Sale
Listed on December 11, 2025

1355 DREXEL AVE

$7,000,000
0 Beds
0 Baths
816 sqft
2 Parkings
Lot size:
-
Annual Tax:
$111,703
Occupancy:
Tenant
Year Built:
2009
Property type:
Multifamily
#MLS:
A11929268

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.
Compass Florida, LLC

Features & Details

Learn about the features and details of 1355 DREXEL AVE

Property Details

  • Property Type
    Quadruplex
  • Living Area
    816 sqft
  • Year Built
    2009
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $111,703
  • List Date
    12/11/2025
  • Updated
    5/23/2026
  • Last Checked
    Recent
  • MLS Number
    #A11929268
  • Brokerage
    Compass Florida, LLC
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $7,000,000
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2025
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Real estate trends

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Explore Miami-Dade

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FAQs About 1355 DREXEL AVE

1355 DREXEL AVE, MLS® A11929268 has a size of 816 sqft.

There are bedrooms and bathrooms in this Multifamily at 1355 DREXEL AVE, MLS® A11929268.

Yes, there is parking available with 2 spot(s).

Annual taxes for this home are $111,703 based on 2025 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
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1355 DREXEL AVE
1355 DREXEL AVE