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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: 3/14/2026

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**

More Information MLS# A2101492

Contract Information

Comp Sale YN: No Listing Date: 2015-04-13 Status: Closed Original List Price: 15000000 Sold Price: $12,500,000 Current Price: $12,500,000

Location and Legal

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

General Property Information

Number Of Units Total: 4 Living Area Main: 4692 Lot Size Dimensions: X Parking Total: 0 Stories Total: 0 Pool Private YN: Yes LP/Assessed Value: 11.08 Property Sub Type: Quadruplex Building Area Main: 4692 Year Built: 1939

Financial Information

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

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Conventional 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

Flooring

Wood: 1

Property Condition

Resale: 1

Documents Available

Other Available Information: 1

Structure Type

Multi Family: 1

Possession

Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Heating

Separate Meters: 1 None: 1

Construction Materials

Frame: 1

Listing Terms

Conventional: 1

Pool Features

Concrete: 1

Roof

Other: 1

Income and Expenses

Gross Income: 0

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1

Tax Information

City/County: 1

Contingencies

None: 1

Buyer Details

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

Concessions

Seller Concessions: No

Unit 1 Details

Baths Full: 2 Beds Total: 2 Efficiency YN: No Furnished: Furnished SqFt: 0

Unit 1 Lease Description

Occupant Type: Vacant

Unit 1 Parking Features

On Street: 1

Unit 3 Details

SqFt: 0

Unit 4 Details

SqFt: 0

Price Calculations

Current Price To SqFt: 2664.11

Section Details

Parcel Number MLX: 0020

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 135414200 Originating System ID: M00000151

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
Listing Office: MLR Realty
Last Updated: March - 14 - 2026
Miami Beach, FL 33139- MLS# A2101492
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