Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:$2,900,000
Annual Taxes:$21,125
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Compass Florida, LLC.

Description

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.

Amenities

  • Balcony
  • Blinds
  • CableAvailable
  • Deck
  • Fence
  • ImpactGlass
  • LessThanQuarterAcre
  • Lighting
  • Patio
  • Shed

Neighborhood

More listings:

Rare, fully licensed Hotel Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd amp ; the Ocean.


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

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