For saleActiveListed Dec 11, 2025 · 314 days
$7,000,000

1355 Drexel Ave, Miami Beach, FL 33139

– baths816 sq ftBuilt 2009

As of , this home is for sale at $7,000,000. It was listed on .

MLS data updated .

Key facts

Type
Home
Year built
2009
Property tax
$111,703 (2025)
Waterfront
No
Cooling
Central Air
Heating
Central, Separate Meters
MLS number
A11929268

Listing information

Listing courtesy of Compass Florida, LLC, 305-851-2820, mlsfl@compass.com

Listing agent: Arthur Porosoff, art@porosoff.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

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.

The text above is the listing description from the MLS, as written by the listing agent.

The Miami Beach market

As of , the median asking price in Miami Beach is $649,000, or $682 per sq ft, across 1,949 listings for sale. The median listing for sale there has been on the market for 113 days.

Price and status history

Listing date
Days on market
314
Original list price
$7,250,000
Price changes
1
DateEventPrice
Price changed$7,250,000 → $7,000,000
Listed$7,250,000

From the MLS. RealVista does not show sold prices.

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