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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,313 sqft
Price per Sqft $216
MLS Listing ID A2048014
Sold Date 02/19/15
HOA Y/N No
Year Built 1950
Annual Tax Amount $7,425
Tax Year 2014
Lot Dimensions 50
Property Sub-Type Hotel/Motel
Property Description
High occupancy motel at the heart of Calle Ocho on SW 8th St in Miami. Owner motivated to sell. Great cash flow. Min 12% cap rate.
Location
State FL
County Miami-dade County
Area 41
Direction TAMIAMI TRAIL ONE BLOCK WEST OF LEJEUNE ROAD
Interior
Flooring Terrazzo
Exterior
Roof Type Barrel
Total Parking Spaces 9
Private Pool Yes
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Others
Tax ID 01-41-05-024-0101
Financing Cash
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Bought with Century 21 Rose Realty West Inc
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