65-75 Washington Ave

    Miami Beach, FL 33139
    • $12,500,000
    • STATUS: Active
    • ON SITE: 562 days
    • MLS #: A10475827
    $12,500,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    The units are individually owned under a Condominium form of ownership. Upon the closing of the purchase, the new owners would collapse the condominium and operate it either as a hotel or as a short term rental asset. Short term rentals are allowed under the current zoning. They are currently prohibited by the Condo Bylaws. The zoning allows for many uses, retail, hospitality, apartments, and hotel are the uses allowed as of right per the current zoning. The property was built in 1960 and is considered historical as It is a Mid-Modern architecture. The zoning allows for up to 5 stories but the faade of the building would have to be restored as is. This is a redevelopment play to either operate the existing 26 units as an ab&B or to convert to 50 high end hotel suites

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    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-12-08T23:42:08.353.
    www.jackcodengroup.com/homes/83953218

    65-75 Washington Ave Miami Beach, FL 33139

    • Price: $12,500,000
    • Status: Active
    • MLS #: A10475827
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1960
    Built
    County:
    Miami-Dade
    Property Description
    The units are individually owned under a Condominium form of ownership. Upon the closing of the purchase, the new owners would collapse the condominium and operate it either as a hotel or as a short term rental asset. Short term rentals are allowed under the current zoning. They are currently prohibited by the Condo Bylaws. The zoning allows for many uses, retail, hospitality, apartments, and hotel are the uses allowed as of right per the current zoning. The property was built in 1960 and is considered historical as It is a Mid-Modern architecture. The zoning allows for up to 5 stories but the faade of the building would have to be restored as is. This is a redevelopment play to either operate the existing 26 units as an ab&B or to convert to 50 high end hotel suites
    Exterior Features

    Parking Features Free Parking Parking Total 10 Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 13600 Stories Total 2

    Property Features

    Association YN No Building Name Golden Dreams Condominium Business Type CondominiumHotel/Motel Electric Other Electric Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Listing Terms All CashConventional/Refinance New Construction YN No Property Sub Type Hotel/Motel Senior Community YN No Special Listing Conditions Sale Year Built Details Resale

    Listing courtesy of Real Miami Commercial R.E..


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being 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. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-12-08T23:42:08.353.
     
    The Jack Coden Group
    700 NE 90th St
    Miami FL, 33138