About This Home
This 0-bedroom, 0-bathroom multi-family at 1355 Drexel Ave in Miami Beach, FL is listed for $7,000,000 ($8,578 per sqft). Built in 2009, the home offers 816 sqft of living space on a N/A lot.
Key Features
- Built in 2009
- 2 stories
- 2 parking spaces
Property Details
Amenities
Turnkey 18-unit short-term rental opportunity in the heart of Miami Beach-just steps from Ocean Drive, Collins Avenue, and Lincoln Road. This prime location offers unrivaled access to the area's top dining, entertainment, and beachfront attractions. With legal short-term rental zoning and a proven operational track record, the property stands out as a secure, scalable investment in a market where compliant STR assets are increasingly rare.
Each unit features a full kitchen, in-unit or onsite laundry, Wi-Fi/cable, and modern interior finishes designed to meet the expectations of today's short-term traveler. The building has been consistently maintained and optimized for both remote and on-site management, supporting steady year-round occupancy and above-market ADRs.
With strict regulations limiting new STR supply and tourism demand in Miami Beach continuing to grow, 1355 Drexel Ave presents investors with a resilient, high-yield cash-flow asset backed by strong underlying real estate fundamentals.
Monthly Cost Estimate
$37,437/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1355 Drexel Ave
Miami Beach, FL 33139
SOBE VILLAGE CONDO
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 1355 Drexel Ave is listed at $7,000,000 ($8,578/sqft). The estimated monthly payment is $37,438 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2009, 2 stories, 2 parking spaces.
This property is listed by Arthur Porosoff and can be reached at 3052098866.
