REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,300,000
Est. payment | /mo
4,742 SqFt
$ 4,300,000
Est. payment | /mo
4,742 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 4,742 sqft
Price per Sqft $906
MLS Listing ID A11855466
HOA Y/N No
Year Built 1925
Annual Tax Amount $29,161
Lot Size 7,250 Sqft
Property Sub-Type Hotel/Motel
Property 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.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Others
Tax ID 01-41-38-012-0210
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11855466
Listed by Fausto Commercial Realty Consultants Inc
NEARBY SCHOOLS & PROPERTIES
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "