USD 2,500,000

1028 SW 9th Ave
Miami, Florida 33130

For Sale

Property Description

In East Little Havana, abutting the Roads neighborhood and in walking distance to Brickell is this 23 unit multifamily income cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, and waiting for a savvy investor to gut and restore this iconic building into a money-generating business once again. 23 units, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where kitchen and baths are shared with other units. The neighborhood is experiencing dynamic growth, unparalleled demand, and rents continue to rise creating demand for alternative housing solutions like this opportunity. Invest now and establish your own creative mark in the area.

Listed by Fausto Commercial Realty Consultants Inc

Property Details

ID #
A11188519
Status
Sale
Type
Commercial, Industrial
Zip Code
33130
Year Built
1925
Occupancy
Tenant Occupied
Type of Building
Apartments
Utilities
Internet
Zoning Information
5700
Listing content provided by the Miami Association of REALTORS
Disclaimer: BBC: 3%, The offer of compensation is made only to participants of the MLS where the listing is filed.

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