USD 8,500,000

3300 Biscayne Blvd
Miami, Florida 33137

For Sale

Property Description

In the heart of Edgewater, unique and hard to find beautiful Mediterranean-style building. Ideal for adaptative reuse as hospitality assets. 3-story building with 20 units fully renovated, gross area of 20,367 sq ft in 0.4311 +/- acre lot size. Opportunity to convert building into Boutique Hotel with a high end Restaurant on ground floor. Several similar concept have done exceptionally well, while becoming highly sought after destinations in the Miami and Miami Beach Markets.QOZ: Property located in a rare crossing where an Opportunity Zone lies in a premium and highly sought after neighborhood which continues to grow, Edgewater. 100% occupied, over 400K rent income per year. The layout includes studios, 1/1 and 2/1 apartments.

Listed by Global Investments Realty

Property Details

ID #
A11307114
Status
Sale
Type
Commercial, Industrial, Mixed use
Zip Code
33137
Year Built
1938
Ground Feature
Fenced
Floor
Wood Floors
Lease Term
1 To 3 Year Lease
Location
Central Business District, Corner Lot
Occupancy
Tenant Occupied
Parking
Assigned Parking
Road Frontage
County Road
Type of Building
Apartments
Utilities
Internet
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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