




$12,000,000 USD
Hospitality Property for Sale, 760 E Washington Ave CU-2, Miami Beach, Florida 33139
- MLS#A11831146
Listed By Best of Luxury Realty Corp.
The Hospitality Property for Sale located at 760 E Washington Ave CU-2, Miami Beach, Florida 33139 is currently for sale. 760 E Washington Ave CU-2, Miami Beach, Florida 33139 is listed for $12,000,000.
Property features
Lot/Land
- Land/Lot size:
1,115 m² (12,000 ft²)
Construction
- Year built: 1936
Description
Condo-Hotel licensed for transient occupancy or nightly rental (AirBnB). No rental restrictions! The building has a total of 42 units (4 1bed/1bath and 38 studios). In addition, 4 ground level retail spaces facing busy Washington Avenue and generating $216K Yearly NET. This offer is for 33 of the 42 units and all the commercial spaces. The remaining 9 units can be negotiated for 100% acquisition of the building. Each unit is an individual folio #, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building renovated in 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Please review all MLS Attachments. Ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio.
Location
760 E Washington Ave CU-2, Miami Beach, Florida 33139