1335 Drexel Ave
1335, Drexel Ave, Miami Beach, FL, 33139Basics
- Category: CommercialSale
- Type: HotelMotel
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 5000, 5000 sq ft
- Year built: 1939
- County: Miami-Dade
- MLS ID: A11933913
Description
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Description:
H PRATTS RESUB OCEAN BEACH NO 3 PB 6-17 LOT 12 BLK 21 LOT SIZE 50.000 X 100 OR 16411-0124 0694 4 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!
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Building Details
Amenities & Features
- Security Features: Fenced
- Roof: Concrete
- Cooling: WallWindowUnits
Expenses, Fees & Taxes
- Tax Annual Amount: $28,411
- Tax Year: 2024
Miscellaneous
- List Office Name: Douglas Elliman
- Listing Terms: Cash,OwnerMayCarry
Ask our real estate expert about this property
This HotelMotel-type commercial real estate is located in 1335, Drexel Ave, Miami Beach, FL, 33139 was built in 1939, and is listed at $4,950,000.