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.
- City Miami Beach
- County Miami-dade County
- Zip 33139
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Price
$3,250,000
($749 / SqFt) - Status Active
- County Miami-dade County
- Subdivision Lincoln Terrace Sub
- Pets Allowed No
- Property Type Residential Income
- Property Sub TypeQuadruplex
- Status Active
- Square Feet 4,338
- Year Built 1950
- Waterfront No
- HOA Fees N/A
- Taxes $28,892
- Tax Year 2019
- MLS® # A10984243