Apartments For Sale • 23,036 SF
| 10-year master hospitality lease at $90,000/month — $1,080,000 annually, commenced January 2026 with 9.4 years remaining |
| 4,800 SF clear-span ground-floor retail delivered vacant — $50/SF NN adds $240,000 and lifts NOI to $1,229,429 (6.15% stabilized cap) |
| Operator absorbs all utilities, maintenance, and landscaping — ownership pays only taxes and insurance |
| All 25 units fully renovated with complete kitchens — supports extended-stay demand and higher achieved rate |
| Keyless entry with no front-desk staffing and no hotel management platform to acquire — zero operational overhead |
| 1930 historic landmark on a 7,000 SF MXE barrier-island parcel with 60 ft of Collins Ave frontage — one block from Ocean Drive |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 12 min | - | 5.2 mi |
| Government Center (Metromover Brickell Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Downtown Loop - Miami-Dade Transit (Metrorail/Metromover), Metromover Omni Loop - Miami-Dade Transit (Metrorail/Metromover), Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) | 12 min | - | 5.4 mi |
| Airport | Drive | Walk | Distance |
| Miami International | 30 min | - | 15.4 mi |
| Fort Lauderdale/Hollywood International | 41 min | - | 27.0 mi |