1335 Drexel Ave, Miami Beach, FL 33139
sale
$4,950,000
|
Hotel-Motel
Courtesy Of Douglas Elliman
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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Virtual Tour
Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 8
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Exterior Type: Block
- Floor Covering: Wood
- Floor Covering: Carpet
- Floor Covering: Hardwood
- Legal 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
- MLSID: A11933913
- Roof Type: Concrete
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