Basics
- Category: CommercialSale
- Type: HotelMotel
- Status: Active
- Bathrooms: 0
- Floors: 2
- Lot size: 6500, 6500 sq ft
- Year built: 1937
- County: Miami-Dade
- MLS ID: A11792314
Description
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Description:
OCEAN BEACH FLA SUB PB 2-38 LOT 11 BLK 4 LOT SIZE SITE VALUE OR 19712-3852 0601 1 COC 25679-0580 05 2007 1 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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Building Details
- Structure Type: HotelMotel
- Covered Spaces: 0
- Levels: Two
- Number Of Buildings: 1
Expenses, Fees & Taxes
- Tax Annual Amount: $83,246
Miscellaneous
- List Office Name: APEX Capital Realty LLC
Ask our real estate expert about this property
This HotelMotel-type commercial real estate is located in FL, Miami Beach was built in 1937, and is listed at $8,350,000.