Turnkey 18-Unit Short-Term
For Sale
$7,000,000
1355 Drexel Ave, Miami Beach, FL 33139
MULTI_FAMILY - Other - Miami Beach, FL
Property Size816 SF
Price / SF$8,578
Days on Market88
Property Features for 1355 Drexel Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
6400
Parking
2
Subdivision
SOBE VILLAGE CONDO
Lot features
< 1/4 Acre
Standard status
Active
APN
02-32-34-183-0120
Size
816 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198
Tax Annual Amount
111703
Legal Description
SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
2009
Floors in Building
2
Flooring type
Concrete
Building materials
Block
Roof type
Tile, Flat
Architectural style
Other
Listing Agency:
Compass Florida, LLC
(305) 851-2820
Listed By:
Arthur Porosoff · License #3160379
(305) 209-8866
Added: May 12
Changed: Jul 29
Last Checked: Aug 7 at 2:06AM
MLS# A11929268
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.
Turnkey 18-unit short-term rental property offered for sale in Miami Beach. The building is described as consistently maintained and optimized for both remote and on-site management. Each unit includes a full kitchen, with laundry available either in-unit or onsite, along with Wi-Fi/cable and modern interior finishes.
The property is positioned in the heart of Miami Beach, with access described as just steps from Ocean Drive, Collins Avenue, and Lincoln Road, placing dining, entertainment, and beachfront attractions within close reach.
The offering is presented as having legal short-term rental zoning and a proven operational track record, with the intent of supporting steady year-round occupancy through a compliant, fully furnished-style unit setup tailored to short-term stays.
The property is positioned in the heart of Miami Beach, with access described as just steps from Ocean Drive, Collins Avenue, and Lincoln Road, placing dining, entertainment, and beachfront attractions within close reach.
The offering is presented as having legal short-term rental zoning and a proven operational track record, with the intent of supporting steady year-round occupancy through a compliant, fully furnished-style unit setup tailored to short-term stays.
Key Highlights
- 18‑unit short‑term rental building built in 2009 with legal short‑term rental zoning
- Each unit includes a full kitchen plus Wi‑Fi/cable and in‑unit or onsite laundry
- Central heating and central air throughout the building
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
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?
Short term rental property - Turnkey 18-unit short-term rental property with full kitchens, laundry, and Wi-Fi/cable in each unit.
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 $7,000,000.
What are key features of this property?
This property features: 18‑unit short‑term rental building built in 2009 with legal short‑term rental zoning; Each unit includes a full kitchen plus Wi‑Fi/cable and in‑unit or onsite laundry; Central heating and central air throughout the building
