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Gelfand Realty Miami Properties for Sale - Business Opportunity for Sale

1028 SW 9TH AVE, MIAMI, FL 33130

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Business Opportunity - for Sale

1028 SW 9TH AVE, MIAMI, FL 33130

Asking Price$4,300,000

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  • Days on market:

    7 day(s)

  • Original Price:

    $4,300,000

  • Tax Legal Description:

    STUARTS SUB PB 7-133 LOT 6 & N50FT LOT 9 BLK 3 LOT SIZE IRREGULAR OR 12369-5657 1284 4 COC 25303-0466 01 2007 1

  • Property Type:

    Business Opportunity

  • Special Listing Conditions:

    Sale

Description

$4,300,000

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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