1335 Drexel Ave, Miami Beach FL 33139

About This Property

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!

Property Details

Property Type

Hotel/Motel

Status

Active

MLS #

A11933913

Building Area

5,360 SF

Lot Size

5,000 SF

Year Built

1939

Zoning

6400

Days on Market

189

Price

$4,450,000