1028 SOUTH WEST 9TH AVE, Miami
$4,300,000 USD
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| Address | 1028 SOUTH WEST 9TH AVE, Miami |
| Type of Property | Hotel / Motel |
| Type of Business | Commercial / Residential Income, Hotel / Motel |
| Price | $4,300,000 |
| Property Status | Active |
| MLS Number | A11855466 |
| Property Size | 7250 |
| Lot Size | 7250 |
| Year Built | 1925 |
| Folio Number | 01-41-38-012-0210 |
| Zoning Information | T3-O |
| Days on Market | 86 |
Detailed 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.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33130 |
| Address | 1028 SOUTH WEST 9TH AVE |
| Section | 38 |
| Zip Code (4 Digits) | 3724 |
Financial Information
| Price | $4,300,000 |
| Price per Foot | $0 |
| Folio Number | 01-41-38-012-0210 |
| Tax Amount | $29,161 |
Full Descriptions
| Detailed 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 parameters
| Living Area | 7250 |
| Lot Size | 7250 |
| Total Acreage | 0.000 |
| Zoning Information | T3-O |
| Maximum Leasable Size | 7250 |
| Year Built | 1925 |
| Type of Property | Hotel / Motel |
| Type of Business | Commercial / Residential Income, Hotel / Motel |
| Street Direction | South West |
| Listed with | Fausto Commercial Realty Consultants Inc |