# 1355 Drexel Ave, Miami Beach, FL 33139

> **TL;DR:** multi-family, $7,000,000 ($8578/sqft), built 2009, 816 sqft. Est. $30,333/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,000,000 |
| Price/sqft | $8578 |
| Square Feet | 816 |
| Year Built | 2009 |
| Property Type | Multi-Family (Quadruplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $30,333 |
| **Total** | **$30,333** |

## Property Highlights

- Built in 2009
- 2 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 1355 Drexel Ave, Miami Beach, FL 33139
- **County:** Miami-Dade
- **Neighborhood:** Sobe Village Condo

## Listing Agent

- **Name:** Arthur Porosoff
- **Brokerage:** Compass Florida, LLC
- **Phone:** 3052098866
- **Email:** art@porosoff.com

## Primary Photo

![1355 Drexel Ave - Primary Photo](http://lh.rdcpix.com/f2b67a8cfb349a3fb91c638264ac1375l-f1347419610r.jpg)

*10 total photos available on [listing page](https://www.propertysimple.com/listing/1355-drexel-ave-miami-beach-fl-33139-11929268)*

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**MLS#:** A11929268 | **Updated:** 2026-06-17
**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/1355-drexel-ave-miami-beach-fl-33139-11929268)

---

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