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- 1355 DREXEL AVE
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For Sale
Listed on December 11, 2025
1355 DREXEL AVE
$7,250,000
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 TypeQuadruplex
- Living Area816 sqft
- Year Built2009
- Lot Size-
- Stories-
- Annual Tax$111,703.00
- List Date12/11/2025
- Updated12/15/2025
- Last CheckedRecent
- MLS Number#A11929268
- BrokerageCompass Florida, LLC
- Postal Code33139
- AreaMiami-Dade
- CityMiami Beach
Additional Property Features
- OccupancyTenant
- List Price$7,250,000.00
- Unit Number-
- ConstructionBlock
- HeatingCentral
- Fireplaces-
- Garage-
- Parking TypeNo
- Pets AllowedNo
- Air ConditioningCentral Air
- ElevatorNo
- LockerNo
- Swimming PoolNone
- PatioNo
- BasementNo
- DenNo
- Central VacuumNo
- Garage TypeNo
Additional Listing Information
- Walk Score–
- Property Manager-
- Utilities IncludedNone
- FurnishedNo
- Assessment Year2025
- AssignmentNo
- Extras IncludedNone
- Virtual TourView virtual tour
Inside
- Bedrooms & Baths0 Bed, 0 Bath
- EnsuiteYes
- Bathrooms0
- FlooringMixed
Price history
Learn about the price history of 1355 DREXEL AVE
Real estate trends
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Explore Miami-Dade
Learn about the area around 1355 DREXEL AVE
Mortgage Calculator
Estimate monthly payments for 1355 DREXEL AVE
$0
20.0%
$7,250,000
1%
5.25%
10%
Estimated Monthly Payment
$34,756
Cash Flow Analysis
Mortgage Payment:
$34,756.37
Monthly Payment:
$44,064.95
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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About this property
Discover this beautiful quadruplex in the heart of Miami Beach. This well-appointed property offers 816 square feet of living space. Originally built in 2009. Offered at $7,250,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
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.
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