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Key Details
Sold Price $3,550,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,698 sqft
Price per Sqft $755
Subdivision Atlantic Heights
MLS Listing ID A11252082
Sold Date 09/02/22
Style Fourplex
Construction Status Effective Year Built
HOA Y/N No
Year Built 1939
Annual Tax Amount $22,857
Tax Year 2021
Contingent No Contingencies
Property Description
MIAMI BEACH – M Boutique Hotel – Renovated 12-unit apart-hotel in North Beach, offering 11 suites in the main building and a 1BED/1BATH villa in the rear – all with fully equipped kitchens. The property includes a welcome lobby, office, storage room, laundry room, and garden sitting area. Sale includes the real estate and a successful hotel business with very good guest reviews and repeat clientele from all over the world. Renovated in 2011/2012 with impact windows and doors, new split A/C, plumbing and electrical systems, the building is recertified until 2029. Town center zoning allows for additional 15,000+ SF of development in a booming neighborhood with new mixed-use projects planned, two blocks from the beach.
Location
State FL
County Miami-dade County
Community Atlantic Heights
Area 32
Interior
Heating Central
Cooling Central Air
Flooring Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Barrel
Building
Lot Description 1/4 to 1/2 Acre Lot
Story 2
Sewer Other
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Effective Year Built
Others
Tax ID 02-32-11-001-0290
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Real Estate Owned
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Bought with Interealty Exchange Inc
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