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Active - Quadruplex for sale

1355 Drexel Ave, Miami Beach FL 33139

816 sqft

Facts & features

Quadruplex Property type
338 days on Beycome
2009 Year built
$8,578 Price/Sqft.

Why you’ll love it

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.

Translating description...

Listings courtesy of Compass Florida, LLC.

Listed by: Arthur Porosoff • 305-209-8866 • Compass Florida, LLC

Co-listed by: Compass Florida, LLC

Source: Miami MLS, MLS#: A11929268 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$4,550,000$9,450,000
1%20%
0%90%
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Estimated monthly payment

$44,704/mo

  • Mortgage$35,396
  • Property tax$9,309
  • HOA fee
  • Homeowners insurance
Due at closing$5,565,000
Down payment held in escrow$1,400,000
Closing costs$105,000
beycome credit Est.$140,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$140,000 Credit back

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Travel times

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$7,000,000 Listed price

Make a winning offer, and get up to

$140,000 Credit back

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