SOUTH BEACH – Commercially zoned, short-term rental building steps from the 5th Street gateway to South Beach. Gated 8-unit apartment building offering a mix of 1-bed/2-bath units and studios, with 5 parking spaces at the rear. 100% occupied with primarily month-to-month tenants allowing a new owner the flexibility to develop and/or reposition the property. All 8 units are licensed for short term rentals of 30 days or more. With CPS2 commercial zoning – FAR 2.0, the property can be developed into a 14,000 SF building one block from Publix supermarket, Target and other national chain stores. The building has been recertified until 2029.
Courtesy of: One Sotheby's International Realty MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 26th May, 2022 5:10 AM (UTC)
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