1930 Bay Dr #4
- Miami Beach, FL 33141
- $3,650,000
- 3 Cuarto(s)
- 3.5 Baños
- 0 Sqft.
OWNER MOTIVATED! Rare opportunity to buy a boutique Hotel in Miami Beach just one block away from the ocean!22 totally reconstruction can be 23 units + Big Lobby for Breakfast + Patio for Events, all new units with European Modern Design , sale included Brand New Furniture, 9 nine parking spaces on site. Hotel has been completely updated Property is currently rented for 5 years to Hotelier Group with a triple net lease with cap on prop taxes annual income of $370,000 on first year with annual increases up to $392,000 NET CAP 6.5 to 7% BOUTIQUE BUILDING 22 UNITS 11 1 BED AND 1 BATH WITH KITCHEN & 11 HOTEL STUDIOS WITH FRIGOBAR COFFE MAKER AND MICROWAVE VERY BIG LOBBY FOR BREAKFAST AND EVENTS
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 ©2023-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: Realty World South Florida. tel:
Real Estate IDX Desarrollado por: TREMGROUP
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 ©2023-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: Realty World South Florida. tel:
Real Estate IDX Desarrollado por: TREMGROUP
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