$7,499,999
19,155 sqft
7830 Abbott Ave, Miami Beach, FL 33141
ALTOS DEL MAR NO 3
1355 Drexel Ave, Miami Beach, FL 33139
$7,000,000— Beds— Baths816 Sq. Ft.$8,578 / sq. ft.
Miami Beach, FL 33139 · SOBE VILLAGE CONDO
Status
Active
Type
Quadruplex
Year Built
2009
Days on Market
177
MLS #
A11929268
County
Miami-Dade County
About 1355 Drexel Ave, Miami Beach, FL 33139
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.
How This Listing Compares in Miami Beach
Per square foot, it is asking 1297% above the Miami Beach median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.
| This home | Miami Beach median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $8,578 | $614 |
| Days on market | 177 | 84 |
Medians from closed MLS sales in Miami Beach; a starting point, not an appraisal.
Home Features at 1355 Drexel Ave, Miami Beach, FL 33139
- Flooring
- Concrete
- Heating
- Central
- Cooling
- Central Air
- Architectural Style
- Other
- Pool Private
- No
- Year Built Details
- Resale
The Building at 1355 Drexel Ave, Miami Beach, FL 33139
- Building Name
- SOBE VILLAGE CONDO
- Building Area Total
- 816
- Building Area Units
- Square Feet
- Stories
- 2
- Stories Total
- 2
- Association
- No
Lot, Views & Construction at 1355 Drexel Ave, Miami Beach, FL 33139
- Lot Features
- Less Than 1/4 Acre Lot
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- No
- Construction Materials
- Concrete Block Construction
- Roof
- Flat Tile
- Sewer
- Public Sewer
- New Construction
- No
Taxes & Public Record for 1355 Drexel Ave, Miami Beach, FL 33139
- Parcel Number
- 02-32-34-183-0120
- Tax Annual Amount
- $111,703
- Tax Year
- 2,025
- Tax Legal Description
- SOBE VILLAGE CONDO UNIT 4 BLDG 1355 UNDIV 7.96% INT IN COMMON ELEMENTS OFF REC 24443-2198
- Zoning
- 6400
- County Or Parish
- Miami-Dade County
Map & Neighborhood
1355 Drexel Ave, Miami Beach, FL 33139 · More homes in Miami Beach
Courtesy of Compass Florida, LLC
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LENOX MANOR
1355 Drexel Ave, Miami Beach, FL 33139 at a Glance
Offered for sale in Miami Beach 33139, 1355 Drexel Ave is a multi-family home with about 816 square feet of living space, dating to 2009. The asking price is $7,000,000, on the market since December 11, 2025, with Compass Florida, LLC as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.