Rare opportunity to buy a boutique Hotel in Miami Beach just one block away from the ocean!!! 22 totally remodeled units with European modern design and brand new furniture. Eight parking spaces on site. Hotel has been completely updated with new electrical, fire prevention system, security cameras and surround sound. Two 2-story buildings sit on a 13,750 sf lot. Property is currently rented with a triple net lease (capped on taxes) and annual income of $370,000 on first year with annual increases.
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