Property
Ownership: | For Sale |
---|---|
Type: | Unknown |
Pets: | Pets No |
FinancialsPrice:$2,900,000Annual Taxes:$21,125
DescriptionRare, fully licensed Hotel/Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of few buildings in the area to be licensed for STR, grandfathered in from prior to 2012. This Art Deco Gem, aka "Le’toile” features 4 spacious units, one 2 bedroom and three 1 bedrooms. Two of the units have an extra den/bedroom for potential added rental premium. The property features 3990 interior SF, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Building Certification Completed. Incredible upside through capital improvements & opportunity to convert into a single family home/Mansion.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11777872Amenities- Fenced
- ImpactGlass
- SecurityGate
NeighborhoodMore listings:
Rare, fully licensed Hotel/Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of few buildings in the area to be licensed for STR, grandfathered in from prior to 2012. This Art Deco Gem, aka "Le’toile” features 4 spacious units, one 2 bedroom and three 1 bedrooms. Two of the units have an extra den/bedroom for potential added rental premium. The property features 3990 interior SF, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Building Certification Completed. Incredible upside through capital improvements & opportunity to convert into a single family home/Mansion.
- Fenced
- ImpactGlass
- SecurityGate
NeighborhoodMore listings:
Rare, fully licensed Hotel Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd amp ; the Ocean.
DescriptionRare, fully licensed Hotel/Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of few buildings in the area to be licensed for STR, grandfathered in from prior to 2012. This Art Deco Gem, aka "Le’toile” features 4 spacious units, one 2 bedroom and three 1 bedrooms. Two of the units have an extra den/bedroom for potential added rental premium. The property features 3990 interior SF, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Building Certification Completed. Incredible upside through capital improvements & opportunity to convert into a single family home/Mansion.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11777872Amenities- Fenced
- ImpactGlass
- SecurityGate
NeighborhoodMore listings:
Rare, fully licensed Hotel/Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of few buildings in the area to be licensed for STR, grandfathered in from prior to 2012. This Art Deco Gem, aka "Le’toile” features 4 spacious units, one 2 bedroom and three 1 bedrooms. Two of the units have an extra den/bedroom for potential added rental premium. The property features 3990 interior SF, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Building Certification Completed. Incredible upside through capital improvements & opportunity to convert into a single family home/Mansion.
- Fenced
- ImpactGlass
- SecurityGate
NeighborhoodMore listings:

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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.