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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1937
Sq.Footage
3,990
Rare, fully licensed Hotel/Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of few buildings in the area to be licensed for STR, grandfathered in from prior to 2012. This Art Deco Gem, aka "Le’toile” features 4 spacious units, one 2 BD and three 1 BD's. 2 of the units have an extra den/bedroom for additional rental premium. The property features 3990 interior SF on a 7500 SF lot, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Building Certification Completed. Incredible upside through capital improvements & opportunity to convert into a single family home/Mansion.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Balcony, Lighting
-
Patio and Porch Features
Deck, Patio
-
Pool
Yes
-
Pool Features
In Ground
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Fourplex
Price
-
Sales Price
$2,500,000
-
Tax Amount
21125.0
-
Zoning
3900
-
Sq. Footage
3, 990
-
Price/SqFt
$626
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Septic Tank
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Michael Porat , Compass Florida, LLC.
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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