4871 W Flagler St Miami FL 33134 MLS #A11538372

4871 W Flagler St
Miami, FL, 33134
$2,600,000
Beds
0 Baths
4,124 SqFt
0.29 Acres
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Sunshine Inn, 16 unit Motel located in the epicenter of Miami. Great opportunity to own and cash flowing business with potential. Due to its proximity to Airport, Coral Gables, Downtown Miami/Brickell, Flagami has become a sought-after neighborhood. Property includes corner parcel, totaling 13,000 sq. ft, zoned T5-O. The property has 100 feet of frontage on West Flagler Street. Rents in the motel range from $75-$99/night, averages $25- $30k/month in income. Just passed 40 Yr. Re-certification.

Property Details

Price:
$2,600,000
MLS #:
A11538372
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Hotel/Motel
City:
Miami
Listed Date:
Feb 22, 2024
State:
FL
Finished Sq Ft:
4,124
ZIP:
33134
Lot Size:
13,000 sqft / 0.29 acres (approx)
Year Built:
1953
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C B S Construction
Parking Features
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Financial

Buyer Agent Compensation
2%%
Net Operating Income
$210,488
Tax Year
2023
Taxes
$19,969

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