Hotel for sale in Miami FL Southern Florida Florida USA
Description: Hotel in Miami FL
Miami Beach Multifamily Mid/High-Rise Investment Great Investment Opportunity! Fully Leased 2 story waterfront buildings (4) in the corner of Bay Dr. Over 14,000 sqft of land with intercostal access provides great opportunity for future development while still generating income today, minutes from the beach, restaurants, shopping, golf course and night life with easy access to I-95. Total of 16 units eight 2 beds with Florida, four 1/1 and four studios. $3,000,000 No. Units:16 Building Size:14,580 SF Price/Unit:$187,500 Cap Rate:5.15% Actual Net Operating Income$210,000
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