Amazing Investment Opportunity in Miami Beach!
$11,499,000
For sale
3678
Property ID
6,000 SqFt
Size
Description
Amazing Investment Opportunity in Miami Beach!
Commercial property (small hotel) for sale.
2 lots are included with this sale: 8,000 sq ft + 4,000 sq ft.
Folio# 02-3226-001-1220 and 02-3226-001-1250.
Currently operating as a boutique hotel one block away from the ocean.
52 hotel units, 4 buildings in total.
FAR is 2.0. RM-2 Zoning District.
The land has potential for an investor to increase the number of hotel rooms or develop apartments/short-term rentals.
HIGHLIGHTS
- Lot Features: Inside Lot
- Number Of Buildings: 4
- Documents Available: Aerial Photo(S), Site Plans
- Parking Features: On Street
- Buyer Agency Compensation: 3%
- Showing Instructions: Call Listing Agent
Address
Address:
220 31st St, Miami Beach, FL
- Country: United States
- Province / State: Florida
- City / Town: Miami
- Property ID 3678
- Price $11,499,000
- Property Type Hotel
- Property status For sale
- Year Built 1939
- Size 6,000 SqFt
- Keys 52
- Floors 3
Contact
