FL > Miami
Miami, FL 33130,1028 SW 9th Ave
Miami, FL 33130,1028 SW 9th Ave
Miami, FL 33130,1028 SW 9th Ave
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Monica Cataluña, CCIM

Monica Cataluña, CCIM

+1(954) 812-1831
$4,300,000
Est. payment /mo
4,742 SqFt
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Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 4,742 sqft

Price per Sqft $906

MLS Listing ID A11855466

HOA Y/N No

Year Built 1925

Annual Tax Amount $29,161

Lot Size 7,250 Sqft

Property Sub-Type Hotel/Motel

Property Description

Exceptional business investment opportunity in East Little Havana abutting the Roads neighborhood and in walking distance to Brickell is this potential cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, having been completely gutted and restored by current owner this iconic building can once again be a money-generating business. With permits now all closed, CU/CO renewed, 40/10 yr recertified, this 25 room, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where baths are shared with other units.

Location

State FL

County Miami-dade

Area 41

Exterior

Private Pool Yes

Others

Tax ID 01-41-38-012-0210

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11855466

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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1028 SW 9th Ave