1335 Drexel Ave, Miami Beach, FL
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 facts
- Sqft
- 5,360
- Year Built
- 1939
- Units
- 8
- Lot Size
- 0.1148 ac
- Secondary Type
- Multi-family, fewer than 10 units
- Location
- Miami Beach, FL 33139
- County
- Miami-Dade County
- FEMA flood zone
- Zone AE, special flood hazard area
- Base flood elevation
- 8 ft (NGVD29)
- Ground elevation
- 2.3 ft
- Hurricane evacuation zone
- Zone B
- Distance to the coast
- 0.3 mi
Sources: FEMA National Flood Hazard Layer (panel 12086C0317L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
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Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.