18-Unit Short-Term Rental
For Sale
$7,000,000
1355 Drexel Avenue, Miami Beach, FL 33139
Miami Beach lodging property with full kitchens, laundry access, and furnished-ready interiors for short-term guests.
Property Size816 SF
Price / SF$8,578
Days on Market465
Property Features for 1355 Drexel Avenue
General Information
Standard status
Active
Size
816 SF
Property subtype
Residential Income / Fourplex
Taxes and HOA fees
Annual Taxes
$111,703
Building Details
Year Built
2009
Listing Agency:
Compass
Listed By:
Arthur Porosoff · License #3160379
(305) 733-6066
Source:
Compass
Added: Jul 13, 2025
Changed: Oct 11
Last Checked: Oct 19 at 8:46AM
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 Compass
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2009, this 18-unit Miami Beach property is configured for short-term rental operations. Units include full kitchens, access to in-unit or onsite laundry, Wi-Fi and cable, and modern interior finishes. The property has been maintained for both remote and onsite management, with legal short-term rental zoning identified for the asset.
The property is located at 1355 Drexel Avenue, near Ocean Drive, Collins Avenue, and Lincoln Road. Dining, entertainment, and beachfront attractions are described as being within immediate walking distance. Its existing unit configuration and operating setup provide a defined hospitality-oriented use in the Miami Beach market.
The property is located at 1355 Drexel Avenue, near Ocean Drive, Collins Avenue, and Lincoln Road. Dining, entertainment, and beachfront attractions are described as being within immediate walking distance. Its existing unit configuration and operating setup provide a defined hospitality-oriented use in the Miami Beach market.
Key Highlights
- 18‑unit short‑term rental property at 1355 Drexel Avenue, Miami Beach
- Legal short‑term rental zoning identified for the property
- Built in 2009
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
Frequently Asked Questions
What type of property is this?
Short term rental property - Miami Beach lodging property with full kitchens, laundry access, and furnished-ready interiors for short-term guests.
Where is this short term rental property located?
The property is located at 1355 Drexel Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: 18‑unit short‑term rental property at 1355 Drexel Avenue, Miami Beach; Legal short‑term rental zoning identified for the property; Built in 2009
