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1355-1357 Drexel Ave 10 Unité Immeuble d’appartements 9 997 242 $ CAD (999 724 $ CAD/Unité) Miami Beach, FL 33139
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Fully licensed and legally operating 18-unit short-term rental property in Miami Beach
- Prime Flamingo/Lummus location steps from the beach, Ocean Drive, and Collins Ave
- Extremely limited supply of compliant STR properties due to strict city regulations
- Turnkey asset delivered fully furnished with immediate, stabilized cash flow
- High occupancy and strong ADR performance supported by year-round tourism demand
- Modernized suites with full kitchens and on-site laundry, enabling efficient operations and guest satisfaction
RÉSUMÉ DE L'ANNONCE
The Porosoff Group is pleased to exclusively present 1355 Drexel Avenue, an exceptionally rare opportunity to acquire a fully licensed, turnkey 18-unit short-term rental property
in the heart of Miami Beach—one of the most supply-constrained and tightly regulated short-term rental environments in the United States.
Strategically located just steps from Ocean Drive, Collins Avenue, and Lincoln Road, the property offers unparalleled access to Miami Beach’s premier dining, entertainment, and
beachfront destinations. Legal short-term rental zoning, combined with the property’s strong operational track record, positions 1355 Drexel as a secure and scalable investment
in a market where compliant STR assets are exceedingly scarce.
The property features 18 modernized suites, each equipped with full kitchens, in-unit or onsite laundry, Wi-Fi/cable, and contemporary interior finishes that cater to the expectations of today’s short-term guest. The building has been consistently maintained and designed for efficient remote or on-site management, contributing to stable year-round occupancy and above-market ADRs.
With regulatory barriers preventing new STR supply and Miami Beach tourism demand continuing to rise, 1355 Drexel Ave offers investors a durable, high-yield cash flow
opportunity with strong intrinsic real estate fundamentals.
in the heart of Miami Beach—one of the most supply-constrained and tightly regulated short-term rental environments in the United States.
Strategically located just steps from Ocean Drive, Collins Avenue, and Lincoln Road, the property offers unparalleled access to Miami Beach’s premier dining, entertainment, and
beachfront destinations. Legal short-term rental zoning, combined with the property’s strong operational track record, positions 1355 Drexel as a secure and scalable investment
in a market where compliant STR assets are exceedingly scarce.
The property features 18 modernized suites, each equipped with full kitchens, in-unit or onsite laundry, Wi-Fi/cable, and contemporary interior finishes that cater to the expectations of today’s short-term guest. The building has been consistently maintained and designed for efficient remote or on-site management, contributing to stable year-round occupancy and above-market ADRs.
With regulatory barriers preventing new STR supply and Miami Beach tourism demand continuing to rise, 1355 Drexel Ave offers investors a durable, high-yield cash flow
opportunity with strong intrinsic real estate fundamentals.
SALLE DE DONNÉES Cliquez ici pour accéder à
- Offering Memorandum
FAITS SUR LA PROPRIÉTÉ
| Prix | 9 997 242 $ CAD | Classe d’immeuble | B |
| Prix par unité | 999 724 $ CAD | Taille du lot | 0,24 AC |
| Type de vente | Investissement | Taille du bâtiment | 6 200 pi² |
| Nombre d’unités | 10 | Occupation moyenne | 90% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1935 |
| Style d’appartement | De faible hauteur | ||
| Zonage | CD-2 | ||
| Prix | 9 997 242 $ CAD |
| Prix par unité | 999 724 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 10 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Taille du lot | 0,24 AC |
| Taille du bâtiment | 6 200 pi² |
| Occupation moyenne | 90% |
| Nombre d’étages | 2 |
| Année de construction | 1935 |
| Zonage | CD-2 |
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1355-1357 Drexel Ave
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