Miami Beach, FL 33139

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$16,900,000
Annual Taxes:$71,399
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of One Sotheby's International Realty

Located in a world class destination in Miami Beach's South of Fifth Neiborhood.

    Description

    Located in a world-class destination in Miami Beach's South of Fifth Neiborhood. This fully renovated trophy hotel is just steps across from one of the most beautiful beaches in the world, the iconic South Pointe Beach surrounded by the best restaurants in Miami and the Country. All 25 suites are equipped w/full kitchens, catering to longer-staying guests. There is currently a cafe in the lobby that can be expand to a 40-seat cafe/restaurant currently has a full liquor license + commercial kitchen. A phenomenal investment rarely available in SoFi, surrounded by 3 bodies of water. The Hotel is passing the 40-year re-certification fully remodeled. Airb&b approved and making money. The value of this Hotel is the Real Estate 25 apartment hotel units and its location.

    Amenities

    • Balcony
    • Coffee shop
    • Elevators
    • Exterior Lighting
    • Fire Alarm
    • Fire Sprinkler System
    • Kitchen Facilities
    • Laundry Facilities
    • Lobby
    • Lounge
    • Smoke Detectors

    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.