511 16th St Active

Miami Beach,FL 33139

$ 7500000

- Bed

0 Bath

7449 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 7,449 sqft

Price per Sqft $1,006

MLS Listing ID A11670245

Year Built 2024

Annual Tax Amount $23,362

Lot Size 8,000 Sqft

Property Description

The Lincoln Road Villa & Townhouses are an astonishing, unique short-term rental asset on the same block as world-famous Lincoln Road Mall. It is also just a short stroll to the Beach, Ocean Drive, Flamingo Park, Espanola Way, the newly renovated Convention Center, as well as the best in fine dining, shopping, museums, and people watching- a favorite pastime due to the splendor, warmth, and diversity that is South Beach. The Villa and Townhouses are ADA compliant, appropriately licensed for daily rentals, and are fully operational.

See attached Offering Memorandum for additional information.

Location

State FL

County Miami-dade

Area 32

Interior

Heating Central,Heat Pump

Cooling Reverse Cycle,Central Air

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Others

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

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