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Property Detail

538 Meridian Ave, Miami Beach, FL 33139, USA
Centrally located in the heart of South Beach
$12,500,000

Description

INVESTMENT HIGHLIGHTS

  • Centrally located in the heart of South Beach
  •  
  • 1/2 mile from the Ocean
  • Zero Landlord responsibility

EXECUTIVE SUMMARY

Price/Precio: US $12,500,000
CAP/Retorno: 4.8%
Building Area/Área de Construcción: Approx.18,301 Sq. ft = 1,700 m²
Lot/Terreno: 7,000 Sq.Ft Sq. ft = 650 m²
Year Built Año de Construcción: 2019
NOI/Ingreso Neto: US $601,740
Annual Expenses/Gastos Anuales: NNN Tenant is responsible for all expenses including property tax, insurance, and maintenance. |
El inquilino es responsable por todos los gastos incluyendo impuesto predial y seguro. Contract Terms/Términos del Contrato de Renta: 5
years contract remaining . 5 años de contrato restantes
Increases/Incrementos de Renta: 3.5 % anual. 3.5 % de incremento anual
Extensions/Extensiones :N/A
Guarantor/Garantizado por:CVC Corp, one of the largest travel groups in Latin America, with brands that operate in Brazil ,Argentina,and the United States, in the segments of vacation and leisure, corporate/business, education (cultural exchange abroad), management and rental of residences . CVC Corp es uno de los grupos de viajes más grandes de América Latina, con marcas que operan en Brasil,
Argentina y Estados Unidos, en los segmentos de vacaciones, corporativo/negocios, educación (intercambio cultura l en el exterior), gestión y alquiler de residencias.
 

AMENITIES

  • Balcony
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite12$375.00

 

PROPERTY TAXES

 

Daniel Ickowicz

+1 305-940-6611

Glima Evangelista

+1 305-788-7171

Isabel Salcedo

+1 786-402-6654

Specification

General

  • 18301
  • 0.1600
  • Investment
  • Commercial
  • 2019
  • 12

Financials

  • 4.81

Hospitality

South Beach NNN Leaseback Investment Hospital

# 314

SKU: 314

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