$12,500,000
MLS# A2101492
Status: Closed
4692 sqft
1 / 1
Property 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**
Details
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
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
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
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
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
Unit 1 Lease Description
Occupant Type: Vacant
Price Calculations
Current Price To SqFt: 2664.11
Section Details
Parcel Number MLX: 0020
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: August - 11 - 2026
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