1335 Drexel Ave Miami Beach, FL 33139
- Added:
- Apr 24, 2026
- Days on Market:
- 15
- Last Refresh:
- Apr 24 at 3:43 pm
Property Features for 1335 Drexel Ave
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1939
Listing agent Marion Ott License #0617981 (305) 915-4854
Listing office Douglas Elliman (305) 915-4854
Listing date Apr 24, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman
HighLights
- Prime South Beach location, just two blocks from the beach, near Collins Avenue, Espanola Way, and Lincoln Rd.
- Rare 8‑unit multifamily property with potential to convert into 12 units.
- Unique investment opportunity with potential for hotel use or short‑term rentals.
- Strong upside potential as an income‑producing property.
- Walker's Paradise: walkScore of 95.
- Very Bikeable: bikeScore of 77.
Overview
South Beach Multifamily Investment Opportunity
This is an opportunity to acquire an 8-unit multifamily property located in South Beach. The property features large 1-bedroom/1-bath units and the potential to convert into 12 units. The location is a short walk to Collins Avenue, Espanola Way, and Lincoln Road, and two blocks from the beach. The property presents a unique investment opportunity with the 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. The bike score is 77, indicating it is very bikeable. The walk score is 95, indicating it is a walker's paradise. The transit score is 59, indicating good transit.
Location Intelligence
Current Use by Public Records
Short term rental ...
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 in prime South Beach location.
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, just two blocks from the beach, near Collins Avenue, Espanola Way, and Lincoln Rd.; Rare 8‑unit multifamily property with potential to convert into 12 units.; Unique investment opportunity with potential for hotel use or short‑term rentals.
