Exceptional business investment opportunity in East Little Havana abutting the Roads neighborhood and in walking distance to Brickell is this potential cash cow that has been historically licensed with an ...


Property

Website:https://www.nestseekers.com/5661211
Address:
Miami, FL 33130
Ownership: For Sale
Type: Unknown
Lot Size: 0.2 Acres

Financials

Price:$4,300,000
Annual Taxes:$29,161

Description

Exceptional business investment opportunity in East Little Havana abutting the Roads neighborhood and in walking distance to Brickell is this potential cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, having been completely gutted and restored by current owner this iconic building can once again be a money-generating business. With permits now all closed, CU/CO renewed, 40/10 yr recertified, this 25 room, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where baths are shared with other units.

Contact

Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Fausto Commercial Realty Consultants Inc

Miami FL 33130 USA