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1335 Drexel Ave

$4,950,000

1335 Drexel Ave, Miami Beach, FL 33139

Active
Last Updated: 01/15/2026

5,360 sqft

Building Size

8

Keys

Details:
Building Size:    5,360 sqft
Keys:    8
Year Built:    1939
Floors:    2
Highlights:
  • Number Of Buildings: 1
  • Cooling: Wall/Window Unit(s)
  • Flooring: Carpet, Wood
  • Construction Materials: CBS Construction
  • Security Features: Security Fence
Description:

Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach. The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. All serious offers must be in writing and will be reviewed and responded to promptly!

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