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A10510524
18 Unit Suite Hotel. 3 One Bed and 15 Studios. First 6 months of 2018 NOI surpassed full year of 2017 and has reservations going forward for a true 7++ CAP. All units have Full Kitchens, Dining and sitting areas. Each unit has a private entrance. there is an18th unit available. The Hotel is located in the Historic Art Deco District on South Beach (Miami Beach) one block from the Atlantic Ocean. Zoning is Mixed use with a (FAR-2) additional sqft of buildable. 40-year recertification in place till 2025. Financing available to qualified operators.
Listing Information
Property Type: Other
Lot Size:0.18 Acres Year Built:1935
Water:Public Water Service
Sewer:Public Sewer
Room Information
Interior Features
Cooling:Central Air
Exterior / Lot Features
Pool:None
Additional Exterior/Lot Features: City Road
Driving Directions
Collins Avenue between 14th and 15th Street
Sign Up Here To Receive A Full List Of Our Current Hotels Real Estate Inventory!
(Properties shown on website are only a brief summary of the real estate actually available)