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DESCRIÇÃO
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).
Data is provided by Miami Board of Realtors.
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Listed on May 01, 2025 by Armando Senra from Pulse Int'l Realty FL Inc, this other is for sale. other for sale in South Beach listed at $12,500,000, Reference A11794468
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