The Keyes Company
Listed by The Keyes Company
$2,250,000
815 W 39th St
Details
APN 02-32-27-015-0310
Property Type Hospitality
Sub Type Hotel
Square Footage 4,640
Year Built 1938
Buildings 1
Stories 2
Lot Size (SqFt) 5,500
Zoning 3900
Hospitality
Marketing description
The SeaSide Suites present a unique opportunity by providing an investor with multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and/or raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed.
Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with central A/C, electrical, appliances, fire safety, fixtures and finishes- plus a new roof and impact windows and doors.
The Seaside Suites boast a spectacular location in Miami Beach just one block from the North Shore Open Space Park (36 acres) and one of the world’s most famous beaches. It lies tucked in a quiet residential neighborhood that is just three blocks from the commercial center of North Beach.
See attached Offering Memorandum for Financials, Plans, Survey, Overview, etc.
Listing Contacts
The Keyes Company
Listed by The Keyes Company
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