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Art Deco Multifamily with Courtyard

1568 Drexel Ave, Miami Beach, FL 33139

For Sale
Contact for pricing
Pending

Income-producing multifamily property with art deco architecture, secure access, and a private courtyard.

Property SizeContact for details
Days on Market530

Property Features for 1568 Drexel Ave

General Information

Standard status Pending
Class C
Property subtype Multifamily
Zoning RM-1 City of Miami Beach

Site & Location

Neighborhood South Miami Beach

Amenities

secure access
private courtyard

Building Details

Year Built 1938
Units 8
Construction art deco
Listing Agency: NAI Miami HQ
Listed By: Edward Schmidt · License FL #0473167
Source: Crexi
Added: Jun 4, 2025 Changed: Nov 1 Last Checked: Nov 14 at 6:24AM

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 NAI Miami HQ

Rey
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Investment Insights

Based on property information with market context.

This income-producing multifamily property features charming art deco architecture and is set up with secure access and a private courtyard. The offering also includes land that may support additional units.

The property is located at 1568 Drexel Ave in Miami Beach, Florida.

The combination of existing income generation and included additional land provides a practical foundation for buyers looking to expand within the property footprint.

Key Highlights

  • Income‑producing multifamily property
  • Art deco architecture; built in 1938
  • Includes land for additional units

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

Average Price Trend$/SF for Multifamily properties in Miami Beach, FL

$551 Jul
$538 Aug
$596 Sep
$576 Oct

Properties on Market for Multifamily properties in Miami Beach

Jul
Aug
Sep
Oct

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 - Income-producing multifamily property with art deco architecture, secure access, and a private courtyard.
Where is this multifamily property located?
The property is located at 1568 Drexel Ave Miami Beach, FL.
What are key features of this property?
This property features: Income‑producing multifamily property; Art deco architecture; built in 1938; Includes land for additional units
(786) 697-6223 Call to check price and availability
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