Property Name:  4 Hotel-Licensed Apt Buildings Miami

Location:  South Beach

Asking Price:  $15,000,000

Number of Units:  31

Lot Size:  36400

Total Square Feet:  25000

Year Built:  1939


Watefront:  NO

This is a rare opportunity to purchase four hotel-licensed buildings located in the residential area of the Art Deco District in South Beach.

Contact Paolo Scattarreggia (305) 673-3303 Email

These apartment buildings for sale in Miami are the four out of only eight commercial properties located in the Flamingo Park neighborhood that can legally operate short term rentals. 

Combined there are 31 units, 63 bedrooms and a total of 25,000 square feet. Each unit is fully-furnished with hardwood floors, updated kitchens and bathrooms and central A/C. Each building has on-site security cameras and three of the buildings have pools.  

The unit Mix is the following: 

• 7 one-bedroom apartments
• 18 two-bedroom apartments
• 4 three-bedroom apartments
• 2 four-bedroom apartments

These Miami Beach hotels for sale (multi-family buildings) have all been renovated to some extent throughout the years and are currently operating as short-term rentals. 

Property presentation available upon signature of a Confidentiality Agreement (CA). To request the CA or inquire about this property please contact the listing Broker, Paolo Scattarreggia at 305-915-9016.