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Key Details
Sold Price $6,025,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 8,379 sqft
Price per Sqft $719
MLS Listing ID A10569127
Sold Date 04/27/22
Construction Status Resale
HOA Y/N No
Year Built 1935
Annual Tax Amount $48,682
Tax Year 2020
Contingent No Contingencies
Lot Size 7,980 Sqft
Lot Dimensions 57
Property Description
SOUTH BEACH 17-suite Villa Paradiso - Lowest priced hotel on Collins Avenue! Licensed and operating hotel, offering 3 one-bedroom suites and 14 spacious studio suites - all with full kitchens and separate dining rooms, plus an additional unit used as a manager’s apartment. Lush courtyard setting less than a block from Ocean Drive and the beach. Ideal for short-term rentals including AirBnB and more. All-suites hotel with upside in the heart of the South Beach Art Deco hotel district. Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more in a world-class destination. Maximum height 50 feet (5 stories); FAR 2.0. Building recertified to 2025.
Location
State FL
County Miami-dade County
Area 32
Direction Collins Avenue between 14th and 15th Streets.
Interior
Heating None
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Exterior
Waterfront No
Roof Type Built-Up
Parking Type On Street, Valet
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 02-32-34-008-0680
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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