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1355 Drexel Ave
Miami Beach FL 33139 US

$7,250,000

Active Listing ID A11929268
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Quadruplex

$7,250,000

Active Listing ID A11929268
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1355 Drexel Ave 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.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Quadruplex
  • Features
  • Cooling System: Central Air
  • Floor Covering: Concrete
  • Roof Type: Flat, Tile
  • Heating Fuels: Central

Property

  • propertytype: Residential
  • propertysubtype: Quadruplex
  • listprice: 7250000
  • unparsedaddress: 1355 Drexel Ave
  • postalcity: Miami Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33139
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 816
  • livingareaunits: Square Feet
  • listagentfullname: Arthur Porosoff
  • listagentemail: art@porosoff.com
  • listagentkey: 3yd-MAORFL-3160379
  • listagentmlsid: 3160379
  • listagentpreferredphone: 3052098866
  • listagentofficephone: 3058512820
  • listofficekey: 3yd-MAORFL-COMP01
  • listagentstatelicense: 3160379
  • listofficemlsid: COMP01
  • disclaimer: Copyright © 2025 Miami Association of 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: 2009
  • listagenturl: http://www.compass.com
  • countyorparish: Miami-Dade
  • parcelnumber: 02-32-34-183-0120
  • cooling: Central Air
  • constructionmaterials: Block
  • flooring: Concrete
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • roof: Flat, Tile
  • waterfrontyn: False
  • architecturalstyle: Other
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Florida LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"art@porosoff.com", "ListBrokerageCity":"Miami", "ListBrokerageCountry":"US", "ListBrokerageEmail":"brokerfl@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Florida LLC", "ListBrokeragePhone":"(305) 851-2820", "ListBrokeragePostalCode":"33139", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":"7th Floor", "ListBrokerageUnparsedAddress":"605 Lincoln Rd", "ListBrokerageWebsiteUrl":"http://www.compass.com", "ListOfficeAddress1":"605 Lincoln Road", "ListOfficeAddress2":"7th Floor", "ListOfficeBrokerMlsId":"3023720", "ListOfficeCity":"Miami Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"mlsfl@compass.com", "ListOfficePostalCode":"33139", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Fourplex, Quadruplex - Miami Beach, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1355-Drexel-Ave-Apt-4_Miami-Beach_FL_33139_M57205-28504?f=listhub&s=MAORFL&m=A11929268&c=rexren", "MLSModificationTimestamp":"2025-12-11T18:02:53Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":111703, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/14/2025 8:11:26 AM GMT
Source Updated Date: 12/17/2025 7:09:56 AM GMT

Courtesy of: Arthur Porosoff, Compass Florida, LLC, art@porosoff.com

Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.