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$ 12,950,000
Est. payment | /mo
26,600 SqFt
$ 12,950,000
Est. payment | /mo
26,600 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 26,600 sqft
Price per Sqft $486
MLS Listing ID A12109971
HOA Y/N No
Year Built 1935
Lot Size 0.298 Acres
Property Sub-Type Hotel/Motel
Property Description
THE HARRISON- PRICE IMPROVEMENT
4th and Washington — the corner that became South Beach adjacent from the New Rivani Purchase
411–413 Washington Avenue
South of Fifth · Miami Beach, Florida 55 Keys
2 Restaurants 1 Courtyard
Prime South of 5th Location. 55 Room hotel, recently renovated featuring two additional commercial spaces Street-front F&B with separate entrances on Washington Avenue. Both fully leased with 8 years remaining at $342,498 combined annual rent. Prime SoFi Corner of Washington and 4th, two blocks from the sand and Ocean Drive.
Art Deco Inclusive of Miami Beach Architectural District. Renovated Rooms Hotel rooms Open Platform No long-term operator in place. Vacant-possession opportunity for an owner-operator or brand Hotel is available for an operator to come in and take advantage of this amazing property. Perfect for a hotel operator who wants to add more rooms to their great brand and you have cash flow from day one with the other tenants. Don't miss out on this great opportunity. All info regarding tenants and financial and market info available in the OM Please contact listing agent note the hotel does not come with any FF&E.
4th and Washington — the corner that became South Beach adjacent from the New Rivani Purchase
411–413 Washington Avenue
South of Fifth · Miami Beach, Florida 55 Keys
2 Restaurants 1 Courtyard
Prime South of 5th Location. 55 Room hotel, recently renovated featuring two additional commercial spaces Street-front F&B with separate entrances on Washington Avenue. Both fully leased with 8 years remaining at $342,498 combined annual rent. Prime SoFi Corner of Washington and 4th, two blocks from the sand and Ocean Drive.
Art Deco Inclusive of Miami Beach Architectural District. Renovated Rooms Hotel rooms Open Platform No long-term operator in place. Vacant-possession opportunity for an owner-operator or brand Hotel is available for an operator to come in and take advantage of this amazing property. Perfect for a hotel operator who wants to add more rooms to their great brand and you have cash flow from day one with the other tenants. Don't miss out on this great opportunity. All info regarding tenants and financial and market info available in the OM Please contact listing agent note the hotel does not come with any FF&E.
Location
State FL
County Miami-dade
Area 42
Zoning 6503
Exterior
Private Pool Yes
Building
Lot Description Flood Zone
Others
Tax ID 02-42-03-003-0810
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12109971
Listed by Caplan Realty Group
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