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1335 Drexel Ave
Miami Beach FL 33139 US

$4,950,000

Active Listing ID A11933913
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Hotel-Motel

$4,950,000

Active Listing ID A11933913
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1335 Drexel Ave Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach. The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. All serious offers must be in writing and will be reviewed and responded to promptly!

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Hotel-Motel
  • Features
  • Cooling System: Multi Units, Window Unit(s)
  • Floor Covering: Carpet, Hardwood, Wood
  • Roof Type: Concrete

Property

  • propertytype: Commercial Sale
  • propertysubtype: Hotel-Motel
  • listprice: 4950000
  • unparsedaddress: 1335 Drexel Ave
  • postalcity: Miami Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33139
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Marion Ott
  • listagentemail: marion.ott@elliman.com
  • listagentkey: 3yd-MAORFL-0617981
  • listagentmlsid: 0617981
  • listagentpreferredphone: 3056956300
  • listagentofficephone: 3056956300
  • listofficekey: 3yd-MAORFL-DEOM01
  • listagentstatelicense: 0617981
  • listofficemlsid: DEOM01
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1939
  • listagenturl: https://elliman.com
  • countyorparish: Miami-Dade
  • parcelnumber: 02-32-34-011-0070
  • cooling: Multi Units, Window Unit(s)
  • constructionmaterials: Block
  • flooring: Carpet, Hardwood, Wood
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Concrete
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Douglas Elliman", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"flbroker@elliman.com", "ListBrokerageCity":"Palm Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"iakhrass@elliman.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Douglas Elliman", "ListBrokeragePhone":"3056956300", "ListBrokeragePostalCode":"33480", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"Suite 318", "ListBrokerageUnparsedAddress":"340 Royal Poinciana Way", "ListBrokerageWebsiteUrl":"https://elliman.com", "ListOfficeAddress1":"1111 Lincoln Road", "ListOfficeAddress2":"Suite 805", "ListOfficeBrokerMlsId":"0547362A", "ListOfficeCity":"Miami Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"iakhrass@elliman.com", "ListOfficePostalCode":"33139", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Hotel Motel - Miami Beach, FL", "ListingURL":"https://listings.listhub.net/pages/MAORFL/A11933913/?channel=rexren", "MLSModificationTimestamp":"2026-01-14T16:00:53Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Hotel Motel", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":28411, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/30/2026 8:23:46 PM GMT
Source Updated Date: 3/7/2026 6:46:28 PM GMT

Courtesy of: Marion Ott, Douglas Elliman, marion.ott@elliman.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.