Price Reduced 10.10%
Price History
$4,950,000
1/14/2026
$4,450,000
3/2/2026
1335 Drexel Ave, Miami Beach, FL, 33139
1939
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!
Status:
Active
Type:
Commercial
Units:
8
Zoning:
6400
Cooling:
Wall/Window Unit(s)
Est. Taxes:
$28,411
Construction
Block
Days on Market:
91
MLS #:
A11933913
Community Info
School Info
Walk Score
Yelp
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