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Investment Opportunity

Miami Investmens

760 E Washington Ave # 2 Miami Beach FL 33139 MLS #A11831146

760 E Washington Ave # 2
Miami Beach, FL, 33139
$12,000,000
Beds
0 Bathrooms
0 SqFt
0 Acres
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$12,000,000
760 E Washington Ave # 2
Miami Beach, FL, 33139
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Project Description

Condo-Hotel licensed for transient occupancy or nightly rental (AirBnB). No rental restrictions! The building has a total of 42 units (4 1bed/1bath and 38 studios). In addition, 4 ground level retail spaces facing busy Washington Avenue and generating $216K Yearly NET. This offer is for 33 of the 42 units and all the commercial spaces. The remaining 9 units can be negotiated for 100% acquisition of the building. Each unit is an individual folio #, fully furnished and equipped. HOA fee includes utilities, insurances, 24/7 Front Desk service. Building renovated in 2000 including new plumbing, elevator, hallways, electrical, and A/C systems to common areas. Please review all MLS Attachments. Ideal opportunity for hotel operators, developers or to enhance a short-term rental portfolio.

Property Details

Price:
$12,000,000
MLS #:
A11831146
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
Listed Date:
Jul 2, 2025
Total Sq Ft:
30,000
Year Built:
1936
Hotel/motelHotel Non-waterfront

Schools

Interior

Exterior

Parking Features
Off Site, On Street

Financial

Taxes
$4,951

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Quick Information

Profitability of the Property

Net Monthly Income:
Annual Profitability of:
760 E Washington Ave # 2
Miami Beach, FL