Hotel For Sale
1335 Drexel Ave, Miami Beach, FL 33139

$4,950,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11933913
  • Virtual Tour: YES
  • List Price: $4,950,000
  • Taxes:$28,411
  • Year Built:1939
  • Listing Date:January 14, 2026
  • Days On Market:18
  • Total Units:8

Description


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!

Features


  • Floor:Carpet, Hardwood, Wood
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker