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Multifamily – 3990 SF in Miami Beach, FL – Licensed Short Term Rental Opportunity

Commercial Sale

Category: Multifamily

Price:$2,500,000

Location: Miami Beach, FL

Year Built: 1937

Days on Market: 95

Description:

Rare Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd & the Ocean. One of few buildings in the area to be licensed for STR. This Art Deco Gem, aka "Le’toile” features 4 spacious units, one 2 BD and three 1 BD's. The property features a large pool & pool deck, impact windows, vaulted ceilings, front yard area and a large second floor patio overlooking lush landscaping & the private pool. Incredible upside through capital improvements.

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Listing Code: 1111366603