Rare opportunity to acquire an 8 unit multifamily property in a prime South Beach location.


Property

Website:https://www.nestseekers.com/5222776
Address:
Miami Beach, FL 33139
Ownership: For Sale
Type: Unknown

Financials

Price:$4,450,000
Annual Taxes:$28,411

Description

Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach. The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. All serious offers must be in writing and will be reviewed and responded to promptly!

Amenities

  • Fenced

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Douglas Elliman