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About This Home
This 0-bedroom, 0-bathroom commercial at 1335 Drexel Ave in Miami Beach, FL is listed for $4,450,000. Built in 1939, on a 0.11 acres lot.
Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach.
The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. All serious offers must be in writing and will be reviewed and responded to promptly!
Key Features
- Built in 1939
- 0.11 acre lot
Property Details
Amenities
Monthly Cost Estimate
$23,800/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1335 Drexel Ave
Miami Beach, FL 33139
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1335 Drexel Ave is listed at $4,450,000. The estimated monthly payment is $19,283 based on 20% down at 6.5% interest.
Key features include: Built in 1939, 0.11 acre lot.
This property is listed by Marion Ott and can be reached at 3056956300 or marion.ott@elliman.com.
