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Art Deco Multifamily with Courtyard
For Sale
Contact for pricing
Pending

1568 Drexel Ave, Miami Beach, FL 33139

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

Property SizeContact for details
Days on Market461

Property Features for 1568 Drexel Ave

General Information

Standard status Pending
Class C
Property subtype Multifamily
Zoning RM-1 City of 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 #0473167
Source: Crexi
Added: Jun 4, 2025 Changed: Aug 8 Last Checked: Jul 24 at 9:39AM

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

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

Current Use

Multifamily properties

Suggested Use

Top Pick Butcher Pet Grooming Service Plumbing Service Nursing Home (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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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) 260-0401 Call to check price and availability
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