Description

INVESTMENT HIGHLIGHTS

Located in the heart of South Beach's Historic Art Deco District
Private garden
Each apartment has each own entrance

12-minute walk to Lummus Park Beach and the area's top attractions
Some units equipped with kitchen

EXECUTIVE SUMMARY

This boutique hotel located in South Beach offers an amazing opportunity for investors. There is a possibility for expansion of footprint (subject to city approval) and an iconic high rate occupancy.

AMENITIES

High Speed Internet Access
Patio

Boutique/Lifestyle Hotel
Public Access Wifi

Smoke-Free
Fully-Equipped Kitchen

Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION	NO. ROOMS	DAILY RATE	SF
Suite	11	$210.00

PROPERTY TAXES

Parcel Number	02-4203-009-4440	Total Assessment	$1,787,015
Land Assessment	$1,610,000	Annual Taxes	$34,020 ($10.04/SF)
Improvements Assessment	$177,015	Tax Year	2023

Lucrecia Quarti

+1 305-781-2821

Specification

General

Building Size : 3388
Lot Size : 0.1600
Sale Type : Investment
Zoning : RM-1
Year of Built : 1924
Number Of Rooms : 11

Financials

Revenue : 342394
Expense : 110711
Taxes : 34020
NOI : 197663
Cap Rate : 7.12

Hospitality

Parking Spaces :
Hotel Laundry Equipments :
Guest Laundry Equipments :
Swimming Pool :

Sunflower Boutique Hotel Apartments

Listing ID : 00341

SKU: 341

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