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In East Little Havana, abutting the Roads neighborhood and in walking distance to Brickell is this 23 unit multifamily income cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, and waiting for a savvy investor to gut and restore this iconic building into a money-generating business once again. 23 units, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where kitchen and baths are shared with other units. The neighborhood is experiencing dynamic growth, unparalleled demand, and rents continue to rise creating demand for alternative housing solutions like this opportunity. Invest now and establish your own creative mark in the area.
Listed by Mauricio Villasuso, Fausto Commercial Realty Consultants Inc

Property Details of 1028 Sw 9Th Avenue

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The multiple listing information is provided by Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2023 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated on March 23, 2023

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