Commercial Real Estate Property For Sale In Miami Beach

2150 Park Ave Miami Beach, FL 33139
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$13,000,000

  • 1947 Year Built
  • May 19, 2022 Listing Date

MLS #

:

A11215457

Price

:

$13,000,000

Status

:

Listing Date

:

May 19, 2022

Square Footage

:

Not Available

County

:

Miami-Dade County

Square Footage

:

Not Available

Year Built

:

1947

Taxes

:

$25,423 Per Year

Waterfront

:

No

Virtual Tour

:

click here to view virtual tour

 

Remarks

:

2150 Park is 20 fully renovated residences located at 2150 Park Ave in the heart of South Beach. The property is currently operating as a STR facility with a hotel license in place under the Jurny Brand. The management agreement has the option to be terminated upon a potential sale of the property. The property allows for multiple investment strategies including hotel, apts, STR rentals, condo-conversion and condo-hotel. The property was recently completely “gutted” with just the building frame remaining. All “behind the scenes” elements including electrical, plumbing, roofing etc. were replaced. Renovations also featured tile flooring, upgraded kitchens with SS appliances and modern cabinets, subway tile throughout the bathroom, as well as modern furniture and light fixtures.

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