MLS # :A11792314 |
Price :$8,350,000 |
Status :
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Listing Date :Apr 28, 2025 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built :1937 |
Taxes :$83,246 Per Year |
Waterfront :No |
Virtual Tour : |
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Remarks :A fully renovated, two-story hostel with 26 rooms and just a block from the ocean – that's a rare find in such a prime location. The completed 40-year recertification is a significant plus, and the feasibility study for a third floor and the potential for a liquor license in the lobby really open up possibilities for increased revenue. Being surrounded by ultra-luxury condos and steps from those iconic restaurants definitely underscores the value of this location. This seems like a unique opportunity to tap into the South Beach hospitality market with significant growth potential. |
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