This 13 units MIMO hotel is located on a huge 20,953 sf lot ready for development. It is being managed as a rental complex (month to month), but owner has the active hotel license. All units have updated kitchen's and consist of 6-studios ($775/m rent each), 4-one bedrooms ($800/m each), 1-2/2 ($850/m), 2 small studios ($675/m each). Built in 1945, with 13 parking spots, easily turned back into a hotel. As a rental property the current cap is 5%. Please view photos and attachments. DO NOT APPROACH TENANTS !
Courtesy Of Eagle Realty LLC d/b/a Keller Williams Eagle Realty
- Architecture Style: Other
- Legal Description: FRANK ADD TO HOLLYWOOD 7-11 B LOT 11,12,13,14 E 30
- Lot Size: 20908.8
- MLSID: A10389854
- Parking Spaces: 0
- Roof Type: Unknown
Copyright © 2018 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.