AGENTS
Property Description
This Hotel licensed Short-term rental in the heart of South Beach. Completely renovated in Oct 2020 in Prime South Beach location; from Roof to Foundation and 40-year recertification all done in 2021 One block from Lincoln Road Mall and the Intercostal Bay. It currently has an operator with a master lease paying off a net amount to the owner. This is where the deal lies for any would-be investor that understands the intricacies of how to manage a short term. All units have a 2/ 2 layout, brand new appliances & AC System. Downstairs has a stunning patio area and the upstairs units come with a balcony overlooking the bustling streets of South Beach. It is currently fully operational and bringing in a phenomenal ROI with the current management. All units are sold with the furniture.
PROPERTY DETAILS
- Interior
- 4,338 Sq Ft.
- Property Type
- Other
- MONTHLY REAL ESTATE TAX
- $2,408
- Year Built
- 1950
- MLS/Listing ID
- A10984243
Listing Courtesy of Triangle Properties, Inc., Daniel Ettedgui - 305-987-7379
Miami Beach
Featured neighborhood
Miami Beach
Known for its white sand, Miami Beach is also an art haven were Art Basel Miami Beach is held every December, and the New World Symphony Orchestra is based.
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