8-Unit Apartment
For Sale
$4,450,000
1335 Drexel Ave, Miami Beach, FL 33139
COMMERCIAL - Miami Beach, FL
Property SizeContact for details
Lot Size0.11 Acres
Days on Market34
Property Features for 1335 Drexel Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
6400
Subdivision
32
Standard status
Active
APN
02-32-34-011-0070
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
H PRATTS RESUB OCEAN BEACH NO 3 PB 6-17 LOT 12 BLK 21 LOT SIZE 50.000 X 100 OR 16411-0124 0694 4
Tax Annual Amount
28411
Legal Description
H PRATTS RESUB OCEAN BEACH NO 3 PB 6-17 LOT 12 BLK 21 LOT SIZE 50.000 X 100 OR 16411-0124 0694 4
Utilities
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1939
Floors in Building
2
Number of units
8
Flooring type
Wood, Carpet, Hardwood
Building materials
Block
Roof type
Concrete
Listing Agency:
Douglas Elliman
(305) 695-6300
Listed By:
Marion Ott · License #0617981
(305) 915-4854
Added: Jul 22
Changed: Aug 19
Last Checked: Aug 24 at 7:06PM
MLS# A11933913
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.
Investment Insights
Based on property information with market context.
This 8-unit apartment building contains one-bedroom, one-bath residences and dates to 1939. Block construction, a concrete roof, and wood, carpet, and hardwood flooring are documented. Cooling is provided through window or wall units, while the property is served by public water. The existing configuration is identified as potentially convertible from 8 units to 12 units.
The property is located at 1335 Drexel Ave in Miami Beach, within South Beach. Collins Avenue, Espanola Way, and Lincoln Rd are within walking distance, and the beach is two blocks away. The property is also presented as having possible hotel or short-term rental applications, subject to applicable licensing and approvals.
The property is located at 1335 Drexel Ave in Miami Beach, within South Beach. Collins Avenue, Espanola Way, and Lincoln Rd are within walking distance, and the beach is two blocks away. The property is also presented as having possible hotel or short-term rental applications, subject to applicable licensing and approvals.
Key Highlights
- 8‑unit multifamily property with one‑bedroom, one‑bath residences
- Potential conversion from 8 units to 12 units
- Built in 1939 with block construction and a concrete roof
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
8,301
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - The 1939 building features block construction, public water, and window or wall cooling units.
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: 8‑unit multifamily property with one‑bedroom, one‑bath residences; Potential conversion from 8 units to 12 units; Built in 1939 with block construction and a concrete roof
