Miami Beach Hotel For Sale - Qualifies For Visa and Green Cars - 12% CAP $4,700,000
A10461825
Commercial/Industrial
6945 Abbott Ave
MIAMI BEACH, FL 33141-3104
ML#: A10461825 List Price: $4,700,000
Rng Price:
LLP: Status: Active
Short Sale: No REO: No
Listing Brkr: OSIR03 /One Sotheby's International Realty
County: Miami-Dade County
Area: 32
Geo Area:
Legal: ¤ATLANTIC HGTS CORR PL PB 9-14 LOT 1 BLK E LOT SIZE 50.000 X 123 OR 17712-0058 0697 1
Virtual Tour: Click Here
Location Information
Folio#: ¤0232110010290 Parcel #: 0290
Municipal Code: Town/Range: 32 Section: 11
Subdivision #: 1 Map Coord: Zoning: ¤3900
Building Name:
General Information
$ Per Unit: $0 Trans Type: Sale # Units:
Type Property: Hotel Lot Front: Apx Lot Sz: 6200
Style: Hotel Non-Waterfront Prop Desc: Hotel/Income/ Multi-Family/Com
For Sale: For Sale MLS#: SS Addend:
For Lease: For Lse MLS#:
# Buildings: 2 # Stories: 2.0 Yr Built: 1939/Resale
# Floors: 2 # Offices: 0 # Bays: 0
# Load Doors: 0 Cnty Land Use: 3900
Environ Audit: None Building Type: Hotel/Motel, Commercial/Residential Income
Ownership: Corporation Road Type: Three Lane
Sale Includes: Building & Land, Business, License
Prop Location: Beach Access, City Location, In Residential Area, Shopping Center
Construction: CBS Construction
Roof Desc: Tile Roof
Column Desc: Unknown Waterfront: No
Flooring: Ceramic Floor, Tile Floors, Wood Floors
Electric Svc: 220 Volts Power
Fire Protect: Other Fire Protection, Smoke Alarm, Smoke Detector
Parking: 2/Loading Spaces, Other Parking, Street Parking
Security:
Acres: Acres Desc: 1+ To 2 Acres
Property SF: 6,150 Yr of Addtn: Max Ceil Ht: 11.0000
Building SF: 5,600 Ceiling: Int Ceil Ht: 11.0000
Door Height: Door Ht 0-8' Eave Height: Occup %:
Dock Height: 0 Improve Ht: 2 Stories Auction: No
Miles Express: Miles Beach: # Tenants:
# Meters: # Toilets: AC %:
Bldg SqFt: 5,600
Boat Services:
Remarks
Remarks: Boutique Hotel in Miami Beach,Prime Location(A1A Rd),REMODELED (impact windows,plumbing,electrical,A/C,fire alarm,security cameras).Successful business since 2012.Center of North Beach,2 min from the beach,supermarket,restaurants,shopping.Can add 12 extra Rooms.SELLING PRICE includes:Real Estate,6year business(value of 1.2M)(business can be sold/leased separately),City/State Hotel Licenses,Excellent customer reviews,Website,Domain and US Trademark.All Rooms are furnished and equipped with modern kitchen,appliances.With welcome lobby,front desk,seating area,office,breakfast area,private garden w/ tropical landscaping,laundry facility,storage. RARE OPPORTUNITY:Turn-In Key 12%CAP rate.Qualified for VISA/GREEN CARD.Easy transfer.Low Real Estate Tax.Strong potential to grow NOI.SERIOUS INQUIRY.