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$8,995,000
Est. payment /mo
6,018 SqFt
UPDATED:
01/24/2025 02:52 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 6,018 sqft
Price per Sqft $1,494
MLS Listing ID A11606095
HOA Y/N No
Year Built 1938
Annual Tax Amount $45,929
Tax Year 2024
Lot Size 0.253 Acres
Property Sub-Type Hotel/Motel
Property Description
A RARE FIND IN SOUTH BEACH! Unique opportunity to acquire two adjacent, single-family homes in the heart of South Beach licensed for short-term rentals. The houses are renovated with impact windows and doors, and offered turnkey and fully furnished. They can be demolished to make room for two brand new single-family homes – more than double the size of the existing houses - while retaining the short-term rental license. This is an amazing opportunity for an investor/operator. Alternatively, a developer may choose to construct a new 5-story condo or multifamily residential development, steps from the Bay. Prime location a few blocks from Lincoln Road's shops and restaurants, and Flamingo Park's aquatic center and extensive sports amenities. Ideal for investor/operator or developer!
Location
State FL
County Miami-dade
Area 32
Interior
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Tile, Wood
Window Features Impact Glass
Exterior
Roof Type Barrel,Tile
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 02-32-33-016-0480
Security Features Smoke Detector(s)
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11606095
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Listed by One Sotheby's International Re