751 Meridian Ave

    Miami Beach, FL 33139
    • $3,500,000
    • STATUS: Active
    • ON SITE: 57 days
    • MLS #: A10567574
    UPDATED: 24 min ago
    $3,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    42
    Type:
    Business Opportunity
    Built:
    1966
    County:
    Area:
    42

    School Ratings & Info

    Description

    751 Meridian Apartments is an excellent income producing property. It's a 12 unit building with a grandfathered license for short term rentals (daily & weekly): 6 - one bed apartments & 6 - studio apartments (1 studio is used for linen storage/house keeping). All units have 1 full bathroom, fully equipped kitchens, and nicely furnished. The hotel is being promoted through hotel reservation centers where it's rated 8.8/10 with 500+ reviews. It's also rated #1 of 94 for Specialty Lodging in Miami Beach area by TripAdvisor. 11 assigned parking spaces - rare to find in the SoBe area. Excellent location, just 5 blocks to the beach & walking distance to Lincoln Road's restaurants & shops. Well maintained & managed. Business information, financials & other records are available.

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-01-18T14:42:56.853.
    www.groveproperties.com/homes/89578341

    751 Meridian Ave Miami Beach, FL 33139

    • Price: $3,500,000
    • Status: Active
    • Updated: 24 min ago
    • MLS #: A10567574
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1966
    Built
    Neighborhood:
    42
    County:
    Miami-Dade
    Area:
    42
    Property Description
    751 Meridian Apartments is an excellent income producing property. It's a 12 unit building with a grandfathered license for short term rentals (daily & weekly): 6 - one bed apartments & 6 - studio apartments (1 studio is used for linen storage/house keeping). All units have 1 full bathroom, fully equipped kitchens, and nicely furnished. The hotel is being promoted through hotel reservation centers where it's rated 8.8/10 with 500+ reviews. It's also rated #1 of 94 for Specialty Lodging in Miami Beach area by TripAdvisor. 11 assigned parking spaces - rare to find in the SoBe area. Excellent location, just 5 blocks to the beach & walking distance to Lincoln Road's restaurants & shops. Well maintained & managed. Business information, financials & other records are available.
    Exterior Features

    Construction Type Cbs Construction Num Parking Spaces 11 Parking Description Assigned ParkingGuest Parking Road Type Description Two Lane Roof Description Other Roof Storm Protection Complete Impact Glass

    Interior Features

    Cooling Description Central Individual A/C Floor Description Concrete FloorsOther FloorsWood Floors Heating Description Central Electric Sq Ft Total 6051

    Property Features

    Approximate Lot Size 7000 Electric Service 110 Volts Power Fire Protection Smoke Detector Flood Zone Ae Information Available Aerial Photo(S)Books & RecordsContractsEquipment InventoryFinancial StatementInvestment AnalysisInventoryOwner Managed Insurance Expense 5000 Lease Term Remaining Options AvailableOther Lease Terms Location Of Property City LocationIn Residential Area Ownership Limited Partnership Property Description Short Term Rental Building Sale Includes Incl EquipmentFurniture/FixturesInventoryLicense Sale Includes Sale Business; Building And Land Section 3 Security Information Security System Sewer Description Public Sanitation Short Sale Yn No Style Of Business BusinessOther StyleService Subdivision Complex Bldg 751 Meridian Apartments Onsobe Tax Amount 27377 Tax Year 2017 Terms Considered All CashConventional/Refinance Water Description Public Water Year Built Description New Construction

    Listing courtesy of Florida Realty Of Miami Corp.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-01-18T14:42:56.853.
     
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