Home for Sale
$7,499,999
19,155 sqft
7830 Abbott Ave, Miami Beach, FL 33141
ALTOS DEL MAR NO 3
Miami Beach, FL 33139 · MLS# A11929268 · Active · SOBE VILLAGE CONDO
Turnkey 18-unit short-term rental opportunity in the heart of Miami Beach—just steps from Ocean Drive, Collins Avenue, and Lincoln Road. This prime location offers unrivaled access to the area’s top dining, entertainment, and beachfront attractions. With legal short-term rental zoning and a proven operational track record, the property stands out as a secure, scalable investment in a market where compliant STR assets are increasingly rare. Each unit features a full kitchen, in-unit or onsite laundry, Wi-Fi/cable, and modern interior finishes designed to meet the expectations of today’s short-term traveler. The building has been consistently maintained and optimized for both remote and on-site management, supporting steady year-round occupancy and above-market ADRs. With strict regulations limiting new STR supply and tourism demand in Miami Beach continuing to grow, 1355 Drexel Ave presents investors with a resilient, high-yield cash-flow asset backed by strong underlying real estate fundamentals.
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
1355 Drexel Ave, Miami Beach, FL 33139 · See all Miami Beach homes for sale
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19,155 sqft
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1355 Drexel Ave is a multi-family home for sale in Miami Beach, FL 33139. This property was listed for sale on December 11, 2025 by Compass Florida, LLC, it's currently listed at $7,000,000. This listing's school district is Miami-Dade County Public Schools. 1355 Drexel Ave is a 816 sqft multi-family home built in 2009.