Seller motivated! Reduced $545,000. Prime location TURNKEY Boutique hotel in Miami Beach with 12% CAP Rate, located in the middle of north beach new town center, walking to the Beach, ALL REMODELED and Established Business since 2012. All rooms are furnished and equipped with modern Kitchen and appliances, welcoming lobby, front desk, seating area, office, breakfast area, private garden w/tropical landscaping, laundry facility, linen storage, All city/state SHORT-TERM RENTALS/HOTEL Licenses with Excellent customer satisfaction & database with Website and domain name, Low real Estate Tax, Easy owner transfer, 12 extra studio/Apt/room can be added (zoning approved), Strong potential to grow NOI, RARE OPPORTUNITY.

Property Details

  • MLS #A10691300
  • TypeResidential Income
  • StatusActive
  • DevelopmentNORTH BEACH TOWN CENTER
  • SubdivisionNORTH BEACH TOWN CENTER
  • Sale TypeRegular Sale
  • Approx Lot Size0
  • Parking
  • Days on Market217
  • Year Built1939
  • Style
  • WaterfrontNo
  • FurnishedNo
  • Flooring TypeCeramic Floor,Tile Floors
  • Date Listed06/14/2019
  • CoolingCentral Cooling
  • HeatingCentral Heat
  • Taxes Year2018
  • Taxes$14,596

The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2020-present MIAMI ASSOCIATION OF REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: London Foster Realty

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