$7,000,000
 $37,578 est/mo Sourced by Back At You

1355 Drexel Avenue,Miami Beach, FL 33139

Miami Beach, FL 33139

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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.

Details

MLS #A11929268
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2009
Days On Site293
Listing Provided ByCompass Florida, LLC | Arthur Porosoff

Features

SQ Feet816
Story(s)2
Zoning6400

Taxes

Tax Annual Amount111703

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Community NameSOBE VILLAGE CONDO
Listing VS Median (in SOBE VILLAGE CONDO)
Price:
$7,000,000
low | high
Med:
$7,000,000
50% of Average
sqft:
816
low | high
Med:
816
50% of Average
$ / sqft:
$8,578
low | high
Med:
$8,578
50% of Average
On site:
293
low | high
Med:
293
100% of Average
Sourced by Back At You

Market Activity 33139

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Learn More About This Property

Florinda Goris

Florinda Goris

Coldwell Banker Premium Realty

SL660851ABR (305) 733-4443gorisflorinda@gmail.com
StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Community NameSOBE VILLAGE CONDO
Listing VS Median (in SOBE VILLAGE CONDO)
Price:
$7,000,000
low | high
Med:
$7,000,000
50% of Average
sqft:
816
low | high
Med:
816
50% of Average
$ / sqft:
$8,578
low | high
Med:
$8,578
50% of Average
On site:
293
low | high
Med:
293
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 2:16:14 AM PDT
Florinda Goris
ABR
License #: SL660851
(305) 733-4443
Coldwell Banker Premium Realty - 406 Lucerne Ave.
Lake Worth Beach, FL 33460

Florinda Goris - Coldwell Banker Premium Realty