Hotel/Motel · Commercial Sale
411 Washington Ave, Miami Beach FL 33139
Miami Beach, FL, 33139
$12,950,000
Presented by Parvani Commercial Group, Inc.
About This Property
THE HARRISON- PRICE IMPROVEMENT 4th and Washington — the corner that became South Beach adjacent from the New Rivani Purchase 411–413 Washington Avenue South of Fifth · Miami Beach, Florida 55 Keys 2 Restaurants 1 Courtyard Prime South of 5th Location. 55 Room hotel, recently renovated featuring two additional commercial spaces Street-front F&B with separate entrances on Washington Avenue. Both fully leased with 8 years remaining at $342,498 combined annual rent. Prime SoFi Corner of Washington and 4th, two blocks from the sand and Ocean Drive. Art Deco Inclusive of Miami Beach Architectural District. Renovated Rooms Hotel rooms Open Platform No long-term operator in place. Vacant-possession opportunity for an owner-operator or brand Hotel is available for an operator to come in and take advantage of this amazing property. Perfect for a hotel operator who wants to add more rooms to their great brand and you have cash flow from day one with the other tenants. Don't miss out on this great opportunity. All info regarding tenants and financial and market info available in the OM Please contact listing agent note the hotel does not come with any FF&E.
Property Details
- Property Type
- Hotel/Motel
- Status
- Active
- MLS #
- A12109971
- Building Area
- 26,600 SF
- Lot Size
- 13,000 SF
- Year Built
- 1935
- Zoning
- 6503
- Days on Market
- 1
- Price
- $12,950,000