Price: $7,250,000 | 816 s.f. | Beds | Baths
| Listing Price: | $7,250,000 |
| Price per Square Foot: | $8,884.80/s.f. |
| Beds: | |
| Baths: | |
| Interior Space: | 816 s.f. (75.8 m²) |
| Total Size: | 816 s.f. (75.8 m²) |
| Monthly Maintenance Fee: | $0 |
| Taxes (2025): | $111,703 |
| Reference: | A11929268 |
| See this property on BHSUSA.com | |
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.
The MLS data provided for the property above (MLS#A11929268) is provided courtesy of Compass Florida, LLC. Source: Southeast Florida MLS. Data updated 12/12/2025. Information is deemed reliable but not guaranteed. Copyright © 2025. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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