Miami Beach, FL 33139

$12,500,000
Property Type: Residential Income Square Footage: 4,692 Status: Closed
Current Price: $12,500,000 List Date: 4/13/2015 Last Modified: 8/11/2026

Overview

Description

Unique opportunity to purchase 4 hotel-licensed apt buildings in SOBE Art Deco District. Total 31 total units (63 bedrooms) & over 25,000 sqft. Bldgs are authorized by City of MB to operate as hotels & therefore may legally operate short-term rentals. Uni t mix-7, one-beds, 18 two-beds, 4 three-beds & 2, four-beds. All fully-equipped & furnished, 3 bldgs have pools, all have central A/C, wood floors & on-site-security cameras, updated kitchens & bathrooms. **CONF AGREEMENT REQUIRED for more**

Listing Details MLS# A2101492

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
4692
Living Area Main
4692
Year Built
1939
Lot Size Dimensions
X
Pool Private YN
Yes
LP/Assessed Value
11.08

Property Features

Documents Available: Other Available Information Flooring: Wood Property Condition: Resale Structure Type: Multi Family Construction Materials: Frame Cooling: Central Air Heating: Separate Meters; None Listing Terms: Conventional Pool Features: Concrete Possession: Negotiable Roof: Other Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: On Street Contingencies: None Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
15000000

Location and Legal

County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
4814
Postal Zip
33139
Subdivision Name
Flamingo Park
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Subdivision Number
14
Zoning
39/MULTI
Directions
CONTACT LISTING BROKER

Financial Information

Tax Annual Amount
25199
Tax Year
2014
Tax Assessed/SOH Value
1353487
Tax Legal Description
3921 HOTEL/MOTEL

Status Change Information

Major Change Timestamp
2015-12-16T01:17:02Z
Major Change Type
Status Change
Status Change Date
2016-01-11
Under Contract Date
2015-10-07
Close Date
2015-12-15
Close Price
12500000
Buyer Financing
Conventional

More Information

Unit 1 Details

Baths Full
2
Efficiency YN
No
Furnished
Furnished

Unit 1 Lease Description

Occupant Type
Vacant

Buyer Details

Country of Origin
United States
Intended Use
Investment
Buyer State
Delaware
Zip Code
19701

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
2664.11

Section Details

Parcel Number MLX
0020

Originating Details

Originating System Key
135414200
Originating System ID
M00000151
IDX
Listing Office: MLR Realty
Last Updated: August - 11 - 2026
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