1028 SW 9th Ave, Miami FL 33130

About This Property

Exceptional business investment opportunity in East Little Havana abutting the Roads neighborhood and in walking distance to Brickell is this potential cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, having been completely gutted and restored by current owner this iconic building can once again be a money-generating business. With permits now all closed, CU/CO renewed, 40/10 yr recertified, this 25 room, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where baths are shared with other units.

Property Details

Property Type

Hotel/Motel

Status

Active

MLS #

A11855466

Building Area

4,742 SF

Lot Size

7,250 SF

Year Built

1925

Zoning

T3-O

Days on Market

362

Price

$4,300,000