Commercial Real Estate

Basics

  • Category:
  • Type:
  • Status:
  • Bathrooms: 0
  • Floors: 2
  • Lot size: 6500, 6500 sq ft
  • Year built: 1937
  • County: Miami-Dade
  • MLS ID: A11792314

Description

  • 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

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This -type commercial real estate is located in FL, Miami Beach was built in 1937, and is listed at $8,350,000.

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