Rare opportunity to acquire an 8-unit multifamily property in a

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Commercial For Sale

1335 Drexel Ave

Miami Beach, Florida 33139

Miami-Dade County

Community: 

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$4,950,000 0 br, 0.0 bath 0 sq. ft. 0.000 acres

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!

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 1939
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block
  • Roof: Concrete
  • Property Taxes: $28,411
  • MLS #: A11933913
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Contact Information:
Beach Commercial For Sale in Miami Beach, Florida
Listing Agent: Marion Ott, Douglas Elliman, 305-695-6300, 305-695-6300 Listing Site, Listing Status: Active
Copyright © 2025 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7128720
Viewed 11 times.
Updated: Feb 04, 2026

This property is a Commercial located at 1335 Drexel Ave, Miami Beach, Florida 33139, and is currently For Sale at $4,950,000. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.