1335 Drexel Ave, Miami Beach, FL 33139
1335 Drexel Ave, Miami Beach, FL 33139
1335 Drexel Ave, Miami Beach, FL 33139
1335 Drexel Ave, Miami Beach, FL 33139
1335 Drexel Ave, Miami Beach, FL 33139
1335 Drexel Ave, Miami Beach, FL 33139
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Norluxe Realty

Norluxe Realty

+1(470) 223-1981
$ 4,450,000
Est. payment | /mo

5,360 SqFt

Save Virtual Tour
$ 4,450,000
Est. payment | /mo
Save Virtual Tour

5,360 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 5,360 sqft

Price per Sqft $830

MLS Listing ID A11933913

HOA Y/N No

Year Built 1939

Annual Tax Amount $28,411

Tax Year 2024

Lot Size 5,000 Sqft

Property Sub-Type Hotel/Motel

Property Description

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!

Location

State FL

County Miami-dade

Area 32

Interior

Cooling Wall/Window Unit(s)

Flooring Carpet, Hardwood, Wood

Exterior

Roof Type Concrete

Private Pool Yes

Building

Story 2

Water Public

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-34-011-0070

Security Features Fenced

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11933913

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Douglas Elliman
Nearby Locations
Norluxe Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(470) 223-1981

info@norluxerealty.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Norluxe Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1335 Drexel Ave