Hotel in Miami Beach for only $3.11M in the hottest new area of the Beach.

Florida, Miami Beach

$3,118,888 / USD3,118,888

Location: Florida, Miami Beach Plot size & built up area: Sqft Property Availability Status :
North Shore Resort District. One block to Beach and Ocean Terrace, which is getting a $1B re-do with new hotels, shops & condos. This is a fantastic opportunity to own a Miami Beach Hotel & be part of the revitalization of North Beach. The Baltic Hotel has amazing architecture. Lovely finishes. 55X110 corner lot. 12 hotel rooms. 3 parking spaces, plus city parkinglot a block away, and on-street parking. Property includes a one car garage, which can be converted into a restaurant for additional income production. We envision art shows in the lobby! This would make a great live/art center. Perfect for EB-5 program.
General Description
Web Reference: RO-RETSCLS-MX-1140218908
Ref/MLS No: A10399910
Country: United States
State: Florida
City: Miami Beach
Latitude: 25.862085
Longitude: -80.12190599999997
Exclusive: No
Property Type: Commercial
Commercial Property Type: Hotel/Hotel Apartments
Furnished: No
Tenanted: No
No. of Bathrooms:
Attributes
Lot/Plot Size SqF: 5500.00
Lot/Plot Size SqM: 510.87