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Sobe Village Condo

$7,250,000

1355 Drexel Ave, Miami Beach, FL 33139

Active
Last Updated: 12/12/2025

816 sqft

Building Size

2009

Year Built

Details:
Building Size:    816 sqft
Year Built:    2009
Floors:    2
Parking Spots:    2
Gross Leaseable Area:    816
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Financial Statement, Investment Analysis
  • Architectural Style: Other
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Concrete
  • Construction Materials: Concrete Block Construction
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.

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