Property > Commercial > > United States > Florida > IMMACULATE 21 UNIT BUILDING IN THE HEART OF NORTH BEACH. UNBEATABLE LOCATION ONE BLOCK AWAY FROM THE BEACH

IMMACULATE 21 UNIT BUILDING IN THE HEART OF NORTH BEACH. UNBEATABLE LOCATION ONE BLOCK AWAY FROM THE BEACH

Florida, Miami Beach

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AED 17,995,961 ( $4,900,300) Property Type: Commercial Unit Type: Hotel/Hotel Apartments Location: Florida, Miami Beach Bedrooms: Studio Plot size: 11,000 Sq ft Watch Video
IMMACULATE 21 UNIT HOTEL IN THE HEART OF NORTH BEACH. UNBEATABLE LOCATION ONE BLOCK AWAY FROM THE BEACH, VERY WELL MAINTAINED. BUILDING HAS 4 1BED/1BATH UNITS, 9 REGULAR 1 BED UNITS, AND 8 HOTEL ROOMS. THE SORRENTO VILLAS IS CURRENTLY OPERATING BELOW COMPETITIVE SET ADR AND OCCUPANCY. THE HOTEL WILL BE OFFERED UNENCUMBERED MY MANAGEMENT, ALLOWING A NEW OPERATOR TO EMPLOY MORE AGGRESSIVE SALES, MARKETING AND REVENUE MANAGEMENT TECHNIQUES. THE SORRENTO VILLAS PRESENT AN INVESTOR WITH THE OPPORTUNITY TO ACQUIRE AN ASSET IN A HIGHLY DESIRABLE REGION, FOR A PRICE WELL BELOW REPLACEMENT COST.
General Description
Web Reference: RO-RETSCLS-MX-1200812200
Listing Ref No: A10725095
Country: United States
City: Miami Beach
State: Florida
Latitude: 25.8609
Longitude: -80.12237399999998
Exclusive: No
Property Type: Commercial
Commercial Property Type: Hotel/Hotel Apartments
Furnished: No
Tenanted: No
Attributes
Lot/Plot Size SqF: 11000.00
Lot/Plot Size SqM: 1021.74
Agent Marilina Apfelbaum Company Beachfront Realty Inc

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