# 1335 Drexel Ave, Miami Beach, FL 33139

> **TL;DR:** commercial, $4,450,000, built 1939.
> Hardwood. Est. $19,283/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,450,000 |
| Year Built | 1939 |
| Lot Size | 5,001 sqft (0.11 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $19,283 |
| **Total** | **$19,283** |

## Key Amenities

- Hardwood

## Property Highlights

- Built in 1939
- 0.11 acre lot

## Description

### Agent Description
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!

## Location

- **Address:** 1335 Drexel Ave, Miami Beach, FL 33139
- **County:** Miami-Dade

## Listing Agent

- **Name:** Marion Ott
- **Brokerage:** Douglas Elliman
- **Phone:** 3056956300
- **Email:** marion.ott@elliman.com

## Primary Photo

![1335 Drexel Ave - Primary Photo](http://lh.rdcpix.com/378e197e928e0fb6fa1e515b12701a31l-f309586865r.jpg)

*24 total photos available on [listing page](https://www.propertysimple.com/listing/1335-drexel-ave-miami-beach-fl-33139-11933913)*

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**MLS#:** A11933913 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1335-drexel-ave-miami-beach-fl-33139-11933913)

---

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