Devon apartments

6881 Indian Creek Drive, Miami Beach, FL  33141

$4,250,000 USD

apartments / Hotel -  30 rooms

Tax cert transient license

Tax cert transient license

Contact info:

Michael Davalos, P.A. 

(786) 295-9568

Mike@techierealty.com

 

 

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Land for Sale 

 

Price: $4,250,000

Lot Size: 11,751

Zoning: RM1 with special Variance for Hotel usage 30 Rooms

Max living area: 14,688

Current living area: 8,506 - 2 floors

 

Description:

 

Chance to own a lucrative boutique apartment building with a transient license in place for 30 units. This property scores an 88 walk score and is considered very walkable. Normally the RM-1 zoning only allows rentals of 6 months to one year, the transient license on this property lets you tap into the lucrative short term rental market. The prime location gives it plenty of exposure. A prime piece of land located near the Central Business District or "Town Center" of Miami Beach's newest hot spot "NOBE" or North Beach. This site is uniquely situated fronting 69th street, Indian Creek Drive, and Byron Avenue. The current owner holds a transient license for 30 rooms with the City. Current price per key is $142K. Property is in need of upgrades . 

 

This is your chance to leave your mark in Miami Beach. This area is experiencing a developer rush at the moment. Terra Group has began work on 87th street project, and the city is committed to redeveloping the North Shore park. 

 

 

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Copyright 2017 TechieRealty & Michael Davalos, P.A. 

All information is deemed accurate and is obtained directly from sellers of properties and/or public records. All prospective buyers and buyers representatives are responsible for their own due dilligence and independent verification.