Address Not Available

Miami Beach City Center, Miami Beach, FL 33139

$13,000,000
Commercial / Office

Property Description

2150 Park is 20 fully renovated residences located at 2150 Park Ave in the heart of South Beach. The property is currently operating as a STR facility with a hotel license in place under the Jurny Brand. The management agreement has the option to be terminated upon a potential sale of the property. The property allows for multiple investment strategies including hotel, apts, STR rentals, condo-conversion and condo-hotel. The property was recently completely gutted with just the building frame remaining. All behind the scenes elements including electrical, plumbing, roofing etc. were replaced. Renovations also featured tile flooring, upgraded kitchens with SS appliances and modern cabinets, subway tile throughout the bathroom, as well as modern furniture and light fixtures.
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PROPERTY DETAILS

  • Exterior
    .17 Acres
  • Property Type
    Commercial / Office
  • MONTHLY REAL ESTATE TAX
    $2,119
  • Year Built
    1947
  • MLS/Listing ID
    A11215457
Listing Courtesy of Cushman & Wakefield of Florida, Larry Richey - 305-533-2852