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Multifamily Property with Courtyard
For Sale
$6,400,000

1560 Drexel Avenue, Miami Beach, FL 33139

A 1925 building combines secure entry, updated interiors, and a varied mix of residential units.

Property Size11,200 SF
Days on Market518

Property Features for 1560 Drexel Avenue

General Information

Standard status Active
Size 11,200 SF
Property subtype Multi Family

Site & Location

Neighborhood South Miami Beach
Public Transit Yes

Taxes and HOA fees

Annual Taxes $33,196

Amenities

modern appliances
secure access
private courtyard

Building Details

Building Size 11,200 SF
Year Built 1925
Construction art deco
Listing Agency: E. L. S. Realty Corp.
Listed By: Edward L Schmidt · License #0473167
Source: Silverleafrealtygroup
Added: Jun 5, 2025 Changed: Nov 1 Last Checked: Nov 3 at 3:14PM

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 E. L. S. Realty Corp.

Rey
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Investment Insights

Based on property information with market context.

Built in 1925, this multifamily property features Art Deco architecture, contemporary appliances, and updated interior finishes. A private courtyard and secured access are also part of the property.

The building is located at 1560 Drexel Avenue in Miami Beach. The available facts identify a varied unit mix and the property’s residential income use.

Key Highlights

  • Constructed in 1925
  • Art Deco architectural character
  • Private courtyard

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

7,506
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A 1925 building combines secure entry, updated interiors, and a varied mix of residential units.
Where is this multifamily property located?
The property is located at 1560 Drexel Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: Constructed in 1925; Art Deco architectural character; Private courtyard
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