6945 Abbott Ave, Miami Beach FL 33141

$3,650,000

$776.93/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 4698 ft²
Description

MIAMI BEACH – M Boutique Hotel – Renovated 12-unit apart-hotel in North Beach, offering 11 suites in the main building and a 1BED/1BATH villa in the rear – all with fully equipped kitchens. The property includes a welcome lobby, office, storage room, laundry room, and garden sitting area. Sale includes the real estate and a successful hotel business with very good guest reviews and repeat clientele from all over the world. Renovated in 2011/2012 with impact windows and doors, new split A/C, plumbing and electrical systems, the building is recertified until 2029. Town center zoning allows for additional 15,000+ SF of development in a booming neighborhood with new mixed-use projects planned, two blocks from the beach.

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$3,650,000
BedsN/A
BathsN/A
Area4698 ft²
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