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MLS # :A11668761 |
Price :$12,500,000 |
Status :
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Listing Date :Sep 23, 2024 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built :2019 |
Taxes :$79,555 Per Year |
Waterfront :No |
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Remarks :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). |
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Call: 305-998-9922
Sunny Realty
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