Miami Beach, FL 33139

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$3,950,000
Annual Taxes:$37,604
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Majestic Properties LLC

Boutique 18 Miami Beach Fully renovated 12 unit licensed hospitality property located steps from the beach and the east end of Lincoln Road in the heart of Miami Beach s ...

    Description

    Boutique 18 Miami Beach – Fully renovated 12-unit licensed hospitality property located steps from the beach and the east end of Lincoln Road in the heart of Miami Beach’s rapidly evolving Collins Park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease structure generating stable in-place income. Positioned near luxury hotels, the Convention Center, Collins Avenue, Ocean Drive, and major lifestyle destinations driving year-round tourism demand. The surrounding area is undergoing over $4 billion in luxury residential, hospitality, retail, and infrastructure investment, further strengthening long-term value and hospitality demand. Existing hotel licensing in place with operational upside through direct hospitality management and revenue optimization. Offering Memorandum available upon request.

    Amenities

    • CableNotAvailable
    • LessThanQuarterAcre
    • Other

    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.