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511 16th St
Miami Beach, FL 33139

$7,500,000 USD

Hospitality For Sale • 8,003 SF

Property Details

Property Type Hospitality
Total Building Size 8,003 SF
Lot Size 0.19 AC
Building Class B
Year Built 1924
Cap Rate 9.07 %
Zoning RM-1

59 Transit Score

97 Walk Score

                
                    Highlights
                
                                Exceptional South Beach Location
                            
                                Legal Air BnB Short Term Rentals 
                            
                                All Rooms Meticulously Crafted 
                            
                                Finest New Asset For Sale in South Beach
                            
                                Villa Features Plunge Pool and On-Site Parking
                            
                                Short-Term Seller Financing Options Available

Property Flyers

1600 Drexel- OM- DEC 24

Cap Rate:

9.07 %

Amenities

Pool
High Speed Internet Access
Patio
Bed & Breakfast
Public Access Wifi
Smoke-Free
Multi-Room Suites
Digital key
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	12 min	-	5.8 mi
Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover))	13 min	-	6.1 mi
Airport	Drive	Walk	Distance
Miami International	30 min	-	16.0 mi
Fort Lauderdale/Hollywood International	41 min	-	26.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Neal Deputy 305-850-8424 Keyes Commercial Real Estate

511 16th St Miami Beach, FL 33139