Resources
- Mortgage Calculator
Home
Social Links
Open House
Properties
Our team
About us
Contact

954 799 4298

Description
Address
Details
Features
Mortgage Calculator
Schedule a Tour
360° Virtual Tour
Contact title
Reviews
Similar Listings

Home
Hotel/Motel
511 16th St, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

WhatsApp Pinterest Facebook Twitter Linkedin Email

511 16th St, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

$8,250,000

Commercial Sale Active

511 16th St, Miami Beach FL 33139

42 More

WhatsApp Pinterest Facebook Twitter Linkedin Email

Commercial Sale Active

511 16th St, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

511 16th St, Miami Beach FL 33139

$8,250,000

Overview

Hotel/Motel
Property Type

2024
Year Built

Description

The Lincoln Road Villa & Townhouses are an astonishing, unique short-term rental asset on the same block as world-famous Lincoln Road Mall. It is also just a short stroll to the Beach, Ocean Drive, Flamingo Park, Espanola Way, the newly renovated Convention Center, as well as the best in fine dining, shopping, museums, and people watching- a favorite pastime due to the splendor, warmth, and diversity that is South Beach. The Villa and Townhouses are ADA compliant, appropriately licensed for daily rentals, and are fully operational.

See attached Offering Memorandum for additional information.

Address

Open on Google Maps

Address 16th St
City Miami Beach
State/county Miami-Dade County
Zip/Postal Code 33139

Details

Updated on October 15, 2024 at 1:20 pm

Property ID: A11670245
Price: $8,250,000
Year Built: 2024
Property Type: Hotel/Motel
Property Status: Commercial Sale

Additional details

PublicSurveyRange: 32
ShowingInstructions: Appointment Only,Call Listing Agent
CoListAgentDirectPhone: 786-606-7927
ListAgentKey: 8002f83acdb067cee23f843271d1725f
TaxLegalDescription: LINCOLN SUB PB 9-69 LOT 1 BLK 52 A LOT SIZE 50.000 X 160 OR 15594-0290 0792 1 COC 22406-2525 06 2004 1
OnMarketDate: 2024-10-02
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-10-02
MajorChangeTimestamp: 2024-10-02T22:03:08.157Z
PhotosCount: 47
Cooling: Central Building A/C,Central Individual A/C,Reverse Cycle
StatusChangeTimestamp: 2024-10-02T22:03:08.157Z
SecurityFeatures: Smoke Alarm,Smoke Detector(s),Fire Sprinkler System,Security Fence,Security Gate,Security Lights,Security System
FinancialDataSource: Owner Provided
BuildingName: Lincoln Rd. Villa & Townhouses
CoListOfficeName: The Keyes Company
PriceChangeTimestamp: 2024-10-02T22:03:08.157Z
ListingKeyNumeric: 401675730
MajorChangeType: New
ListingContractDate: 2024-10-02
CoListOfficeKey: fcba5909795c68534fd532930aad012a
Zoning: 3900
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 23362
ListOfficeName: The Keyes Company
CurrentUse: Hotel Non-Waterfront
OriginatingSystemKey: miamire
BusinessType: Hotel/Motel
PhotosChangeTimestamp: 2024-10-03T00:16:01.613Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-531-5803
MlsStatus: Active
StreetNumber: 511
GrossScheduledIncome: 775195
CoListOfficeMlsId: KEYE06
ListingKey: ea03bb0a3c123363db2787a3b7ac3ff0
StateOrProvince: FL
ShowingContactType: Agent
CoListAgentEmail: [email protected]
ListOfficeKey: fcba5909795c68534fd532930aad012a
Directions: GPS to 511-15 16th Street, Miami Beach, FL 33139
BridgeModificationTimestamp: 2024-10-15T11:20:10.708Z
ListAgentFullName: Neal Deputy
ParkingTotal: 2
ListAgentOfficePhone: 305-531-5803
Stories: 2
ParcelNumber: 02-32-34-002-0590
ListingTerms: All Cash,Conventional/Refinance,Owner Will Carry
OperatingExpense: 190810
OtherExpense: 0
CoListAgentOfficePhone: 305-531-5803
IDXParticipationYN: 1
SpecialLicenses: City Licenses,County Licenses,Occupational Licenses,State Licenses
InternetAddressDisplayYN: 1
ListAgentMlsId: 3252041
WaterSource: Public
StoriesTotal: 2
ModificationTimestamp: 2024-10-15T11:15:31.730Z
OriginatingSystemID: miamire
DaysOnMarket: 13
NetOperatingIncome: 584385
ListOfficeMlsId: KEYE06
Inclusions: Building & Land,Business,Furniture
ListAgentDirectPhone: 305-467-4026
CoListAgentFullName: William Zalaquett
CoListAgentKey: 7d1bb4e98f8b9cde87f6d8466d009a58
StreetNumberNumeric: 511
CoListAgentStateLicense: 3046387
PostalCodePlus4: 7707
NumberOfUnitsInCommunity: 10
Sewer: Public Sanitation
SyndicationRemarks: The Lincoln Road Villa & Townhouses are an astonishing, unique short-term rental asset on the same block as world-famous Lincoln Road Mall. It is also just a short stroll to the Beach, Ocean Drive, Flamingo Park, Espanola Way, the newly renovated Convention Center, as well as the best in fine dining, shopping, museums, and people watching- a favorite pastime due to the splendor, warmth, and diversity that is South Beach. The Villa and Townhouses are ADA compliant, appropriately licensed for daily rentals, and are fully operational. See attached Offering Memorandum for additional information.
Heating: Central Building A/C,Central Individual A/C,Reverse Cycle
StructureType: Hotel/Motel,Hotel
ListAgentStateLicense: 3252041
CoListAgentMlsId: 3046387
PublicSurveyTownship: 32
StreetName: 16th St
ListOfficeFax: 305-538-7018
ListingAgreement: Exclusive Agency
PublicSurveySection: 34
WindowFeatures: Complete Impact Glass
SpecialListingConditions: Sale
NumberOfBuildings: 2
OriginalListPrice: 8250000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
BuildingFeatures: Airport Access,Balconies,City Licenses,County Licenses,Entertainment,Exterior Lighting,Inside Corridors,Landscaped,Laundry Facilities,Occupational Licenses,Pool,Private Restrooms
OriginalEntryTimestamp: 2024-10-02T22:03:08.157Z
SourceSystemKey: 401675730
LotFeatures: Central Business District
DocumentsAvailable: Aerial Photo(S),Deed,Drawings,Financial Statement,Photos,Site Plans,Existing Survey
ConstructionMaterials: CBS Construction
LotSizeSquareFeet: 8000
CoListOfficePhone: 305-531-5803
BuildingAreaTotal: 7449