Homes for sale in Miami Beach
Loading photo
Quadruplex
1355 Drexel Ave
Miami Beach, FL 33139
$7,000,000
- Sq ft
- 816
- Year built
- 2009
- Price per sq ft
- $8,578
Listing courtesy of Arthur Porosoff, Compass Florida, LLC
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.
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
Property
- Type
- Quadruplex
- Building
- Fourplex
- Year built
- 2009
- Stories
- 2
- Building name
- SOBE VILLAGE CONDO
- Subdivision
- SOBE VILLAGE CONDO
- County
- Miami-Dade County
- Flood zone
- AE
Interior
- Flooring
- Concrete
- Cooling
- Central Air
- Heating
- Central
Exterior and parking
- Construction
- Concrete Block Construction
- Roof
- Flat Tile
Community and fees
- Annual taxes
- $111,703
- Terms
- All Cash, Conventional
Neighborhood
Finding places nearby…
Loading the map…
Places nearby are not available right now.
The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated May 12, 2026.