1335 Drexel Ave Miami Beach, FL 33139
Hotel/ Motel - Miami Beach, FL
- Added:
- Mar 2, 2026
- Days on Market:
- 50
- Last Refresh:
- Apr 21 at 7:06 pm
Property Features for 1335 Drexel Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 6400
- Standard status
- Active
- APN
- 02-32-34-011-0070
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 28411
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1939
- Number of units
- 8
- Flooring type
- Carpet, Hardwood, Wood
- Building materials
- Block
- Roof type
- Concrete
- Architectural style
- Other
Listing agent Marion Ott License #0617981 (305) 695-6300
Listing office Douglas Elliman 1111 Lincoln Road, Palm Beach, FL (305) 695-6300
Listing date Mar 2, 2026
MLS# A11933913
Listing URL
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.
Overview
Miami Beach Multifamily Investment Opportunity
This is an opportunity to acquire an 8-unit multifamily property located in South Beach. The units are configured as large one-bedroom, one-bath layouts, with the potential to be converted into 12 units. The property is situated within walking distance of Collins Avenue, Espanola Way, and Lincoln Road, and is located two blocks from the beach. This property presents a unique investment opportunity with potential for hotel use or short-term rentals, offering flexibility for investors. There is 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.132675
- Latitude
- 25.78485
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 8-unit multifamily property near Collins Avenue and the beach.
Where is this apartment building located?
The property is located at 1335 Drexel Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $4,450,000.
What are key features of this property?
This property features: Prime South Beach location, two blocks from the beach.; **8 large 1‑bedroom/1‑bath units with potential to convert into 12 units.**; Potential for hotel use or short‑term rentals.
