$3,800,000
$3,900,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
6,753 SqFt
SOLD DATE : 12/06/2024
Key Details
Sold Price $3,800,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 6,753 sqft
Price per Sqft $562
MLS Listing ID A11593755
Sold Date 12/06/24
Construction Status Resale
HOA Y/N No
Year Built 1952
Annual Tax Amount $24,782
Contingent No Contingencies
Lot Size 8,858 Sqft
Property Description
Prime Calle Ocho Location with 23 licensed Motel units fully operating for over 30 years in the business. Some units have been remodeled, and some are original. Sales includes both buildings, Rainbow and San Juan Motels, as they operate as one. Great CAP return per year. Sale includes business and the real estate. Please do not disturb staff or guests with questions. Contact agent for all questions and appointments.
Location
State FL
County Miami-dade
Area 41
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Building
Story 1
Sewer Other
Water Public, Other
Level or Stories One
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-10-014-0370
Security Features Smoke Detector(s),Security Guard
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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