Unique opportunity to purchase 4 hotel-licensed apt buildings in SOBE Art Deco District. Total 31 total units (63 bedrooms) & over 25,000 sqft. Bldgs are authorized by City of MB to operate as hotels & therefore may legally operate short-term rentals. Unit mix-7, one-beds, 18 two-beds, 4 three-beds & 2, four-beds. All fully-equipped & furnished, 3 bldgs have pools, all have central A/C, wood floors & on-site-security cameras, updated kitchens & bathrooms. **CONF AGREEMENT REQUIRED for more**
Investment opportunity in the heart of South Beach. Ultra-large units with total interior renovation,(stainless steel appliances, granite countertops, European style cabinetry, designer closets). Impact windows, private terraces, central a/c, full size washer/dryer in each unit, private/gated parking with courtyard entrance. Perfect for condo conversion or end user. Meticulously maintained. One of the nicest buildings on the beach. Long Term Tenants under lease. Do not disturb. Appointment only.
This is a one of a kind four plex on Miami Beach. Gated property with Four studios, all with own entrance updated kitchen, bath, impact windows. Washer and Dryer on property. Walking distance to the beach, publix, 5th St shoppes and restaurants. Great cash flow for Miami Beach with a 3.4 Cap. Rents could easily be raised. Property could be converted to single home or build second floor. All units are currently rented. Please do not disturb tenants.