Multi-Family
816
SQUARE FEET
Quadruplex
Type
2009
Built
Listing courtesy of
Compass Florida, LLC
Arthur Porosoff
MLS® #A11929268
Listing information last updated May 12, 2026
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Overview
This quadruplex in Miami Beach offers 816 square feet, and is listed for sale at $7,000,000 (about $8,578 per square foot). Built in 2009.
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 history
Price reduced
↓ $250,000 from $7,250,000 · May 12, 2026 · MIAMI MLS
$7,000,000
Listed for sale
Dec 11, 2025 · MIAMI MLS
$7,250,000
Days on market
as of today
222 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$111,703
Association type
None
FEMA flood zone
AE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11929268
Price$7,000,000
Size816 Square Feet
Year built2009
TypeQuadruplex
StatusFor Sale
Price / Square Feet$8,578
Flood zoneAE
Features & amenities
Has Cooling System
Has Heating System
Location
1355 Drexel Ave, Miami Beach FL 33139
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Property tax (est.)—
Down (20%)—
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 222 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.