$2,650,000
$3M PRICE INCREASE

Estimated payment $17,050/month

Total Views 300
-- Bed
-- Bath
2,790 Sq Ft
$950 Price per Sq Ft

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

Lucrative investment opportunity in the heart of Little Havana! This established hospitality business operates as a hotel and short-term rental property, offering 9 studios and 1 two-bedroom, one bath unit. With a Bed & Breakfast license. Recently renovated with impact windows, new appliances, carefully designed interiors and landscaping this property offers cozy atmosphere and close proximity to top tourist attractions. This turnkey property generates an impressive 13% gross return on investment, making it an ideal choice for investors seeking strong cash flow. Don't miss this chance to own a fully operational, remodeled hospitality asset in one of Miami's most sought-after locations!

Listing Agent

Veronika Fayed Delgado

Majestic Properties LLC License #3477406

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,446

Year Built

  • Built in 1947

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,790 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • Lawrence Estates Land Cos Condos
  • Lawrence Estates Land Cos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-006-4490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,446

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAWRENCE ESTATES LAND COS
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 2790
  • Stories: 1

Exterior Features

  • Roof: Concrete
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATES LAND COS

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-006-4490
  • Zoning: 3901
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV, Electricity, Hot Water, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 27446

Multi Family

  • Number Of Units In Community: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Price Changed $2,650,000 +99900.0% $950 / Sq Ft
03/05/2024 03/05/24 For Sale $2,650 -- $1 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11766447

MIAMI REALTORS® MLS