$3,950,000

Quadruplex in Miami Beach

  • 4,779 Sqft
  • Updated: Today
  • Source:
    MIAMI REALTORS MLS  MLS#A12122588

About the Property

Fully renovated 12-unit boutique hotel located steps from the beach and Lincoln Road in Miami Beach’s rapidly evolving Collins Park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease through 2034, generating stable in-place income. Buyers seeking direct management have the flexibility to terminate the lease prior to closing, unlocking operational and revenu
Fully renovated 12-unit boutique hotel located steps from the beach and Lincoln Road in Miami Beach’s rapidly evolving Collins Park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease through 2034, generating stable in-place income. Buyers seeking direct management have the flexibility to terminate the lease prior to closing, unlocking operational and revenue upside. Surrounded by luxury hotels, the Convention Center, Collins Avenue, and over $4 billion in ongoing residential, hospitality, retail, and infrastructure investment. **A rare opportunity to secure a licensed hospitality asset with immediate income and long-term growth potential in a prime Miami Beach location. Request the Offering Memorandum for financial details and investment terms.
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  • Property type

    Other

  • Floors

    2

  • Year built

    1937

  • Price/sqft

    $826

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235 18th St, Miami Beach, Florida, United States View on Google Maps
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Majestic Properties LLC - Miami

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Majestic Properties LLC - Miami
Florida, United States
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Majestic Properties LLC - Miami
Miami, Florida, United States
View agency profile
Last updated
Today
First listed
November 13
Listing reference
A12122588
Listing status
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