Hospitality Property – 8 Suites in Miami Beach, FL – Short-Term Rental Potential
Commercial Sale
Category: Hospitality (Hotel / Motel)
Price:$2,400,000
Location: Miami Beach, FL
Year Built: 1938
Days on Market: 98
Description:
The SeaSide Suites are unique because they offer the investor multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and/or raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed. Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with new central A/C, electrical and plumbing systems, fixtures and finishes, a new roof, and impact windows and doors.
7936 harding A venue (A1A) Miami Beach, FL 33140 See attached Offering Memorandum for Additional Information
Listing Code: 1098301965