
MIAMI REALTORS® MLS1355 Drexel Avenue, Miami Beach, FL 33139
- Beds
- —
- Baths
- 0
- Sqft
- 816
- Home type
- Quadruplex
- Year built
- 2009
- Lot size
- —
- Price / sqft
- $8,578
- HOA
- —
- Community
- SOBE VILLAGE CONDO
Property 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.
Listing activity
- Days on market
- 323
- Listed
- Dec 11, 2025
- MLS listing updated
- Oct 30, 2026
- Feed last checked
- 2 minutes ago
Listed by Arthur Porosoff · Compass Florida, LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Rooms & features
- Flooring
- Concrete
Heating & cooling
- Heating
- Separate Meters, Central
- Cooling
- Central Air
Property
Exterior
- Stories
- 2
- Building area
- 816 sqft
- Pool
- No
- Waterfront property
- No
Lot
- Zoning
- 6400
Construction
Type & style
- Home type
- Quadruplex
- Structure type
- Multi Family
- Year built
- 2009
- New construction
- No
Materials
- Construction
- Block
- Roof
- Flat, Tile
- Property condition
- Resale
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- SOBE VILLAGE CONDO
- MLS area
- 2320
Association
- Has association
- No
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A11929268
- Possession
- Close Of Escrow, Negotiable
- Original list price
- $7,250,000
- Parcel number
- 0232341830120
- Annual property tax
- $111,703
- Tax year
- 2025
- Tax legal description
- SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- Building Area Total
- 816
- Construction Materials
- Block
- County Or Parish
- Miami-Dade
- Days On Market
- 323
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
- List Price
- 7000000
- Listing Contract Date
- 2025-12-11
- Living Area
- 816
- MLSArea Major
- 2320
- Mls Status
- Active
- On Market Date
- 2025-12-11
- Photos Count
- 10
- Postal Code
- 33139
- Price Change Timestamp
- 2026-05-12T22:44:02Z
- Property Sub Type
- Quadruplex
- Property Type
- Residential Income
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2025-12-11T18:48:03Z
- Stories Total
- 2
- Subdivision Name
- SOBE VILLAGE CONDO
- Tax Annual Amount
- 111703
- Pool Private
- No
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Dec 11, 2025 | ListedMIAMI REALTORS® MLS | $7,250,000$8,885/sqft |
| May 12, 2026 | Price reducedMIAMI REALTORS® MLS | $7,000,000$8,578/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $111,703 | — |
Payment calculator
- Principal & interest
- $36,321
- Property taxes
- $9,309
- Insurance
- $3,500
- Association dues
- —
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
SOBE VILLAGE CONDOMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
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