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Property Name:  Aqua Hotel In South Beach

Location:  South Beach

Asking Price:  $9,500,000

Licenses:  Liquor/Food Handling

Number of Units:  49

Total Square Feet:  21

Year Built:  1953


Watefront:  NO

This boutique hotel is in the heart of south beach has 45 fully serviced rooms and is licensed for 49 rooms. Newly aquired liquor license 40 seats (4cop) and a  food handling license (40 seats).

Contact
MLR Realty
(305) 673-3303
Email


Additional Information

There's a courtyard that was recently renovated with jacuzzi pool and sun terrace. Just steps to Lincoln Road, Convention Center, Beach and Washington Avenue Clubs. Two blocks South of Lincoln Road on Collins Avenue with tremenous pedestrian traffic, walk-ins on 100 foot Collins Ave frontage.

Several revenue opportunities and upside. Property has potential for another approximately 19,000 SFT of new contruction.
Seller financing available with 65% ltv, interest only payments for five (5) years with option for second five year term.

Confidentiality agreement attached required for receipt of executive summary.



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