The SeaSide Suites present a unique opportunity by providing an investor with multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and/or raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while… Read More new units are constructed or the requirements for Short-Term Rentals are completed.Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with central A/C, electrical, appliances, fire safety, fixtures and finishes- plus a new roof and impact windows and doors. The Seaside Suites boast a spectacular location in Miami Beach just one block from the North Shore Open Space Park (36 acres) and one of the world’s most famous beaches. It lies tucked in a quiet residential neighborhood that is just three blocks from the commercial center of North Beach. See attached Offering Memorandum for Financials, Plans, Survey, Overview, etc. Read Less
Courtesy of The Keyes Company, Neal R Deputy, 305-531-5803.
Listing Snapshot
Days Online
88
Last Updated
Property Type
Hotel/Motel
Square Ft.
4,640
Lot Size
0.13 Acres
Year Built
1938
MLS Number
A11988644
30 Days Snapshot Of 33141
$660k
-18%
(avg) sold price
15
+1,400%
homes sold
143
-74%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1938, Construction materials: "CBS", Toal building area: 4640
Floors
"Wood"
Lot
0.13 acres
Property
Zoning: 3900
Security Features
"Security Fence", "Smoke Detector(s)"
Taxes
Annual amount: $34,974
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