Description
12 units, 2 bd, 16 ba, 24 beds, 18,301 sqft. located in the heart of south beach, walk to collins ave. shopping district & ocean drive. blocks away from lincoln road mall, and miami beach convention center. the property is situated 5 miles northeast of downtown miami and 10 miles east of miami int'l airport. property is leased to a hospitality group and its a boutique hotel. this is a smoke-free building with a parking garage. the units have a full-size kitchen with a refrigerator, dishwasher, oven with stovetop, microwave and washer and dryers. units are fully furnished with modern furnishings throughout and beautifully decorated. licensed for short term rentals. cap rate 5% (based on seller's master lease income with tenant, not hospitality's income).
Property Type
LandCounty
Miami-DadeStyle
LandAD ID
49861233
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Property Details
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Property / Lot Details
Lot Information
- Lot Dimensions: 0x0
- Lot Description: LessThanOneAcre
- Main Square Feet: 7000
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Listing Information
Listing Price Information
- Original List Price: $12500000
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Taxes / Assessments
Tax Information
- Annual Tax: $79555
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School, Utilities & Location Details
Utility Information
- CableAvailable,ElectricityAvailable,PhoneAvailable,TrashCollection,WaterAvailable
Location Information
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BuyOwner last updated this listing 05/22/2025 @ 20:47
- MLS: A11794468
- LISTING PROVIDED COURTESY OF: Armando Senra, Pulse Int'l Realty FL Inc
- SOURCE: SEFMIAMI
is a Land, with bedrooms which is for sale, it has 0 sqft, 7,000 sized lot, and 0 parking. are nearby neighborhoods.