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… Read More 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! Read Less
Courtesy of Douglas Elliman, Marion K Ott, 305-695-6300.
Listing Snapshot
Days Online
157
Last Updated
Property Type
Hotel/Motel
Square Ft.
5,360
Lot Size
0.11 Acres
Year Built
1939
MLS Number
A11933913
30 Days Snapshot Of 33139
$925k
-32%
(avg) sold price
22
+266%
homes sold
167
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1939, Construction materials: "CBS", Toal building area: 5360, 1 total unit
Cooling
"Wall/Window Unit(s)"
Floors
"Carpet", "Wood"
Lot
0.11 acres
Property
Zoning: 6400
Roof
"Concrete"
Security Features
"Security Fence"
Taxes
Annual amount: $28,411
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