Property Description

Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach. The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. All serious offers must be in writing and will be reviewed and responded to promptly!

Features
Cooling System
Security
Roof:
Concrete
Address Map
State:
FL
County:
Miami-Dade
City:
Miami Beach
Zipcode:
33139
Street:
1335 Drexel Ave, Miami Beach, Florida 33139
Longitude:
W81° 52' 2.4''
Latitude:
N25° 47' 5.5''
MLS Addon
Building Area:
5,360 Sqft
Construction Materials:
Block
Cumulative DOM:
15
DOM:
28
Flooring:
Carpet, Wood, Hardwood
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Owner May Carry
Parcel Number:
02-32-34-011-0070
Structure Type:
Hotel/motel
Tax Annual Amount:
$28,411
Tax Year:
2024
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Commercial Sale For Sale

1335 Drexel Ave, Miami Beach, Florida 33139, Miami Beach, Florida 33139

5,000 Sqft
$4,950,000
MLS # #A11933913
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$4,950,000
Year Built :
1939
Lot Area :
5,000 Sqft
MLS # :
A11933913
Property Sub Type :
Hotel/motel
Agent info
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