OFFERED AT A 6.5% CAP RATE! SOUTH BEACH - TURNKEY Hotel/Bed & Breakfast. Renovated 3 bed/2.5 bath house with central air and commercial kitchen, and poolside guest building with 7 rooms in a tropical oasis. Heated salt water pool; covered poolside dining area; lush landscaping with irrigation. Established business and prime real estate in the heart of South Beach, close to shops and restaurants. Walk to Ocean Drive and the beach. A rare find, steps from Flamingo Park tennis and basketball courts, and aquatic center. The property is offered with a triple net lease – great opportunity for investors!

Property Details

  • MLS #A2159012
  • TypeSingle Family Home
  • StatusPending
  • DevelopmentOCEAN BEACH ADD NO 3
  • SubdivisionOCEAN BEACH ADD NO 3
  • Sale TypeRegular Sale
  • Lot Size0
  • Price / Sq.Ft.$752
  • Parking Spaces1
  • Swimming PoolYes
  • Days on Market1787
  • Year Built1930
  • StyleSingle Family Residence
  • WaterfrontNo
  • FurnishedYes
  • Flooring TypeWood
  • Date Listed08/12/2015
  • HOA Fees N/A
  • Cooling TypeCentral Air
  • Heating TypeCentral
  • Taxes Year2018
  • Taxes$41,369

Interior Features

  • Bedroom on Main Level
  • First Floor Entry

Exterior Features

  • Deck
  • Fence

The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2020-present MIAMI ASSOCIATION OF REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty

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