
$7,000,000
Apartment for Sale, 1355 Drexel Ave, Miami Beach, Florida 33139
- MLS#A11929268
76 m² (816 ft²)
Listed By Compass Florida, LLC
The Apartment for Sale located at 1355 Drexel Ave, Miami Beach, Florida 33139 is currently for sale.
Description
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.
Location
1355 Drexel Ave, Miami Beach, Florida 33139
Property features
Property
- Property size:
76 m² (816 ft²)
Construction
- Year built: 2009
- Roofing: Flat Tile
- Construction: Concrete/Block
Interior Features
- Floors: Concrete
Heating and Cooling
- Heating System: Central
- Cooling System: Central AC
Utilities
- Other utilities: Public Sewer