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MLS # :A11732245 |
Price :$5,500,000 |
Status :
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Listing Date :Jan 22, 2025 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built :1947 |
Taxes :$64,266 Per Year |
Waterfront :No |
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Remarks :Discover an exceptional investment opportunity in the vibrant heart of Miami Beach's Art Deco District, just steps from the pristine shoreline. This rare property features 24 units, including 2-bedroom, 1-bedroom, and efficiency apartments, all under a unique mixed hotel and apartment license. With 12 hotel rooms and 12 rooms month to month lease, the property is fully occupied, easy to manage, offering a steady stream of income. Situated in a prime commercial district, the zoning allows for hotel, retail, and development projects. The City of Miami Beach is currently undergoing a significant redevelopment initiative, enhancing the area with new pathways, landscaping, retails, bike lanes, water features, and more. The motivated seller invites offers for this unparalleled opportunity. |
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Call: 305-998-9922
Sunny Realty
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Tel.
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Email. Info@SunnyRealty.com
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