760 E Washington Ave Unit CU-2, Miami Beach, FL 33139

 
MLS #: A11831146
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Price: $12,000,000 MLS Number: A11831146  Commercial / Investment
 Address: 760 E Washington Ave Unit CU-2, Miami Beach, Florida 33139 USA
 Unit: CU-2
 
 Year Built: 1936
 
 Lot Square Feet: 12,000
 Lot Dimensions: 12000
 
 
 Remarks:
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.
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