The Porosoff Group is pleased to exclusively present 1355 Drexel Avenue, an exceptionally rare opportunity to acquire a fully licensed, turnkey 18-unit short-term rental property
in the heart of Miami Beach—one of the most supply-constrained and tightly regulated short-term rental environments in the United States.
Strategically located just steps from Ocean Drive, Collins Avenue, and Lincoln Road, the property offers unparalleled access to Miami Beach’s premier dining, entertainment, and
beachfront destinations. Legal short-term rental zoning, combined with the property’s strong operational track record, positions 1355 Drexel as a secure and scalable investment
in a market where compliant STR assets are exceedingly scarce.
The property features 18 modernized suites, each equipped with full kitchens, in-unit or onsite laundry, Wi-Fi/cable, and contemporary interior finishes that cater to the expectations of today’s short-term guest. The building has been consistently maintained and designed for efficient remote or on-site management, contributing to stable year-round occupancy and above-market ADRs.
With regulatory barriers preventing new STR supply and Miami Beach tourism demand continuing to rise, 1355 Drexel Ave offers investors a durable, high-yield cash flow
opportunity with strong intrinsic real estate fundamentals.