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Active Hotel/Motel
$4,450,000 ↓ −$500,000 (10.1%)
1335 Drexel Ave, Miami Beach FL 33139, Miami Beach, FL 33139
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1939
Year Built

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 Details

Property Type Hotel/Motel
Days on Market 143 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

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School Grades Address Report Card
Miami Beach Fienberg/Fisher K-8 Center
Elementary 305-531-0419
PK-8
1420 Washington Ave., Miami Beach, FL 33139
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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