South Beach Apartment Building with Hotel Transformation Possibilities $14,000,000
A10475827
Subject property is just 500 feet from the ocean and is situated in one of the most important corners and intersection in South Beach. This condominium consists of 26 individually owned apartments with individual folios. The 2 buildings share a center courtyard as well as 10 undercover parking spaces int he rear of the building. The most economical and efficient way to enhance the value of this property is to rehab the existing structure. If remodeled into a Boutique Hotel, the suite sizes allowed are 320 sf vs new construction @500 SF. Best use is luxury retail or hotel!!! Call listing agent for more information.
Primary Features
Subdivision/Complex/Bldg: Golden Dreams Condominium
Short Sale: no
Number of Buildings: 2
Number of Units: 26
Number of Parking Spaces: 10
Parking Description: Free Parking
Location Information
Area: 42
Building Name: Golden Dreams Condominium
Parcel Number: 26 individual folios
Street Number Numeric: 65
Zoning: CPS-1
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Building SqFt: 13600
External Features
Acreage Description: 1/4+ To 1/2 Acre
Approximate Lot Size: 13000
Column Description: Unknown
Door Height: Door Ht 0-8'
Improvement Height COM: Other Improvement Height
Number of Stories: 2
Waterfront Property: no
Additional
Board Identifier: A-Miami Association of REALTORS
Electric Service: Other Electric
Environmental Audit: Unknown
Prop Type Type of Building: Condominium, Hotel/Motel
