Sold
220 31st St
Miami Beach FL, 33140
$8,400,000
$1,400.00 per sqft
Sold
6,000 sqft
Commercial
Built in 1939
Amazing Investment Opportunity in Miami Beach! Commercial property (small hotel) for sale. 2 lots are included with this sale: 8,000 sq ft + 4,000 sq ft. Folio# 02-3226-001-1220 and 02-3226-001-1250.
Currently operating as a boutique hotel one block away from the ocean. 52 hotel units, 4 buildings in total. FAR is 2.0. RM-2 Zoning District. The land has potential for an investor to increase the number of hotel rooms or develop apartments/short-term rentals.
A11083674
MLSⓇ ID
August 11, 2021
Listed
February 10, 2024
Updated
Map
220 31st St
Miami Beach FL, 33140
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Lot Features
Inside Lot
Other Property Details
Taxes
$38,719
Tax Frequency
Annually
Days on Market
250
Garage
No
Parking
On Street
View
No
County
Miami-Dade County
Pool
No
Zoning
4000
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
11/10/2023 | Sold | $8,400,000 |
Listed by: Sol/Mar Real Estate LLC
Listing Contact: 786-389-7201
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Data last updated 1:43 AM UTC, 2/10/2024.