1335 Drexel AVE, Miami Beach, FL 33139
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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
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$ 4,450,000
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1335 Drexel AVE Miami Beach, FL 33139

5,360 SqFt


UPDATED:

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

Construction Status Resale

HOA Y/N No

Year Built 1939

Annual Tax Amount $28,411

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

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 2320

Zoning 6400

Interior

Interior Features InteriorFeatures

Cooling Wall/Window Unit(s)

Flooring Carpet, Wood

Fireplace No

Exterior

Water Access Desc Public

Roof Type Concrete

Building

Dwelling Type Hotel/Motel

Story 2

Water Public

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 0232340110070

Security Features Security Fence

Acceptable Financing Cash, Owner Will Carry

Listing Terms Cash, Owner Will Carry

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


BeachesMLS, Inc. (FLR) IDX
Listed by Marion K Ott Douglas Elliman

NEARBY SCHOOLS & PROPERTIES

Kristina Horta

Kristina Horta

Advisor | License ID: SL3389525

+1(954) 553-0103

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1335 Drexel AVE