Premier Real Estate Group
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1355 Drexel Avenue

Miami Beach, FL 33139

MLS # A11929268· ActiveIDX IDX

$7,000,000

Bathrooms
0
Living area
816 sq ft
Year built
2009
Type
Quadruplex
Days on market
332

About this home

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
StatusActive
SubdivisionSobe Village Condo
CountyMiami-Dade
ZIP33139
WaterfrontNo
Private poolNo
ConstructionBlock
RoofFlat, Tile
FlooringConcrete
HeatingCentral, Separate Meters
CoolingCentral Air
SewerPublic Sewer
UtilitiesCable Available
Annual taxes$111,703

Listing courtesy of Compass Florida, LLC, Arthur Porosoff. Last updated Oct 30, 2026, 2:22 PM ET.

Request a showing

Mention MLS # A11929268 (1355 Drexel Avenue) and when you would like to visit. A licensed real-estate professional will contact you.

Licensed brokerage

Premier Real Estate Group Inc

Broker of record Maxim Bohadana, Florida broker license BK3314523

(888) 440-3766

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IDX

The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 30, 2026, 2:22 PM ET.

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