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Lombardy hotel
hotel, multi family, on collins across from ocean great corner near everything
Listing Contacts
License: 0438224
Active
Asking Price: $21,000,000
Earnest Money Deposit: 5% min.
Address
6300 Collins Ave, Miami Beach, FL 33141
Show on MapDate Added
Jan 2, 2022
Days on Market
1175 days
Time Since Last Update
45 days
Details
Property TypeHospitality, Mixed Use, Multifamily
SubtypeApartment Building, Hotel, Motel
Investment TypeValue Add
Square Footage19,778
Price/Sq Ft$1,061.79
Occupancy100%
Units66
Keys66
Year Built1948
Buildings1
Stories2
Zoningcommercial , residential
Lot Size (sq ft)20,200
Broker Co-OpYes
Marketing Description
2 story hotel located in Miami Beach near 60th st directly on collins across the street from the Ocean. Hotel has been in business for over 50 years, run as an independent hotel as long term stay. Great Visibility , Corner. Great upside potential. On site parking , on site cafe, onsite convenience store, 40 year recently obtained
Only $300,000 per key
Investment Highlights
- 65 rooms
- across from the ocean
- on collins avenue
- in excellent locations millionaire area, million dollar condos
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Loan Amount
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ROI
Property History
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Due Diligence
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Listing Contacts
- License: 0438224
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