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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2019
Sq.Footage
N/A
12 Units, 2 BD, 16 BA, 24 Beds, 18,301 SQFT. Located in the heart of South Beach, walk to Collins Ave. Shopping District & Ocean Drive. Blocks away from Lincoln Road Mall, and Miami Beach Convention Center. The property is situated 5 miles northeast of Downtown Miami and 10 miles east of Miami Int'l Airport. Property is leased to a hospitality group and its a boutique hotel. This is a smoke-free building with a parking garage. The units have a full-size kitchen with a refrigerator, dishwasher, oven with stovetop, microwave and washer and dryers. Units are fully furnished with modern furnishings throughout and beautifully decorated. Licensed for short term rentals. Cap Rate 5% (based on seller's master lease income with tenant, not hospitality's income).
Features & Amenities
Interior
Area & Lot
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Block
-
Parking
Covered, Garage, Guest
Financial
-
Sales Price
$12,500,000
-
Tax Amount
79555.0
-
Zoning
6503
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Armando Senra , Pulse Int'l Realty FL Inc
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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