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1028 SW 9th AveMiami, FL 33130

Miami-Dade County

$4,300,000List price
4,742Sq Ft
1925Year built
15 months agoOn market

Description

Exceptional business investment opportunity in East Little Havana abutting the Roads neighborhood and in walking distance to Brickell is this potential cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, having been completely gutted and restored by current owner this iconic building can once again be a money-generating business. With permits now all closed, CU/CO renewed, 40/10 yr recertified, this 25 room, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where baths are shared with other units.

Property Information

Property type
Commercial Sale
Sub-type
Hotel/Motel
Structure type
Hotel/Motel
Year built
1925
Building area
4,742 Sq Ft
Lot size
7,250 Sq Ft
Days on market
462
MLS® Listing#
A11855466

Property Features

Financial Details

Annual taxes
$29,161
Parcel number
01-41-38-012-0210

Listing Courtesy: Fausto Commercial Realty Consultants Inc - 7867487373

Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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