220 31st St, Miami Beach, FL 33140

 
MLS #: A11083674
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Price: $11,499,000 MLS Number: A11083674  Commercial / Investment - SOLD
 Address: 220 31st St, Miami Beach, Florida 33140 USA
 Lot Square Feet: 6,000
 
 Lot Dimensions: 12000
 
 
 Remarks:
Amazing Investment Opportunity in Miami Beach! Commercial property (small hotel) for sale. 2 lots are included with this sale: 8,000 sq ft + 4,000 sq ft. Folio# 02-3226-001-1220 and 02-3226-001-1250. Currently operating as a boutique hotel one block away from the ocean. 52 hotel units, 4 buildings in total. FAR is 2.0. RM-2 Zoning District. The land has potential for an investor to increase the number of hotel rooms or develop apartments/short-term rentals.
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