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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 2,313 sqft
Price per Sqft $216
MLS Listing ID A2048014
Sold Date 02/19/15
Construction Status Unknown
HOA Y/N No
Year Built 1950
Annual Tax Amount $7,425
Tax Year 2014
Lot Dimensions 50
Property Description
High occupancy motel at the heart of Calle Ocho on SW 8th St in Miami. Owner motivated to sell. Great cash flow. Min 12% cap rate.
Location
State FL
County Miami-dade County
Area 41
Direction TAMIAMI TRAIL ONE BLOCK WEST OF LEJEUNE ROAD
Interior
Flooring Terrazzo
Exterior
Waterfront No
Roof Type Barrel
Parking Type Common, Free Parking, Handicap
Total Parking Spaces 9
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block
Construction Status Unknown
Others
Tax ID 01-41-05-024-0101
Financing Cash
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Bought with Century 21 Rose Realty West Inc
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