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    1355 Drexel Ave Miami Beach, FL 33139

    Sponsored
    For Sale
    $7,250,000

    Fourplex, Quadruplex - Miami Beach, FL

    Type:Quadruplex
    Property size:
    816 SF
    Days on Market:
    29
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 1355 Drexel Ave

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    6400
    APN
    02-32-34-183-0120
    Parking
    2
    Size
    816 SF

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2009
    Flooring type
    Concrete
    Building materials
    Block
    Roof type
    Flat, Tile
    Architectural style
    Other

    Compass Florida LLC (305) 851-2820 [email protected]

    Listing agent Arthur Porosoff (305) 851-2820 License #3160379

    Listing date Dec 11, 2025

    MLS# A11929268 Listing URL

    Copyright © 2026 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.

    Overview

    Miami Beach Short-Term Rental Opportunity

    This property is an 18-unit short-term rental opportunity located in Miami Beach, Florida, near Ocean Drive, Collins Avenue, and Lincoln Road. The location provides access to dining, entertainment, and beachfront attractions. The property has legal short-term rental zoning and a proven operational track record. Each unit includes a full kitchen, in-unit or on-site laundry, Wi-Fi/cable, and modern interior finishes. The building has been maintained and optimized for remote and on-site management, supporting year-round occupancy. The property is located at 1355 Drexel Ave, Miami Beach, FL 33139 and has a property size of 816 square feet. The zoning is 6400. The property is located in Miami-Dade County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.132688
    Latitude
    25.785201

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    FAQs

    What type of property is this?
    Short term rental property - Turnkey 18-unit short-term rental near Ocean Drive.
    Where is this short term rental property located?
    The property is located at 1355 Drexel Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $7,250,000.
    What are key features of this property?
    This property features: - Prime Miami Beach location, steps from Ocean Drive, Collins Avenue, and Lincoln Road; - Legal short-term rental zoning in a market with limited compliant STR assets; - Turnkey operation with a proven track record of steady occupancy and above-market ADRs
    (305) 209-8866
    Request Owner's contact information
    1355 Drexel Ave Miami Beach, FL 33139
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    Miami Beach, FL 33139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1355 Drexel Ave Miami Beach, FL 33139
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