Basic Information

  • Type Hotel Motel
  • Status Closed
  • Year Built 1939
  • Total Sqft 6,000
  • Date Listed 08/11/2021
  • Days on Market 328
Description

Amazing Investment Opportunity in Miami Beach! Commercial property (small hotel) for sale. 2 lots are included with this sale: 8,000 sq ft + 4,000 sq ft. Folio# 02-3226-001-1220 and 02-3226-001-1250. Currently operating as a boutique hotel one block away from the ocean. 52 hotel units, 4 buildings in total. FAR is 2.0. RM-2 Zoning District. The land has potential for an investor to increase the number of hotel rooms or develop apartments/short-term rentals.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description On Street
  • Style Hotel Motel

Interior Features

  • Adjusted Sqft 6,000Sq.Ft
  • Sqft 6,000 Sq.Ft

Property Features

  • Address 220 31st St
  • Aprox. Lot Size 6,000
  • Furnished Info no
  • Listing Terms Cash, Conventional
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $38,719
  • Tax Legal desc 23-26-27- 34 53 42 M B IMPROVEMENT CO SUB PB 5-7 LOTS 14 & 17 BLK 14 OR 16239-3731 0194 2 (2)
  • Tax Year 0
  • Terms Considered Cash, Conventional
  • Type of Property Hotel Motel

220 31st St

Miami Beach, FL 33140

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Sol/Mar Real Estate LLC. tel: 786-389-7201

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