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1355 Drexel Ave
Miami Beach FL 33139 US

$7,000,000

Active Listing ID A11929268
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816 square feet
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Quadruplex

$7,000,000

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

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 7000000
  • 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
  • latitude: 25.785204
  • longitude: -80.132688
  • listagentfullname: Arthur Porosoff
  • listagentemail: art@porosoff.com
  • listagentkey: 3yd-MAORFL-3160379
  • listagentmlsid: 3160379
  • listagentpreferredphone: 3052098866
  • listagentofficephone: 3052098866
  • listofficekey: 3yd-MAORFL-COMP01
  • listagentstatelicense: 3160379
  • listofficemlsid: COMP01
  • 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: 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: 2
  • parkingtotal: 2
  • roof: Flat, Tile
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.13269, 25.785204
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Florida LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":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":"1212 Lincoln Rd Suite 113", "ListOfficeAddress2":"7th Floor", "ListOfficeBrokerMlsId":"COMP01", "ListOfficeCity":"Miami", "ListOfficeCountry":"US", "ListOfficeEmail":"mlsfl@compass.com", "ListOfficePostalCode":"33139", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - 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":"2026-05-12 21:44:14", "Neighborhoods":[{"Description":null, "Name":"SOBE VILLAGE CONDO"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":111703, "TaxDescription":"SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/9/2026 5:05:23 AM GMT
Source Updated Date: 8/12/2026 12:47:41 PM GMT

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