6881 Indian Creek Dr,Hotel/Motel, Residential-Multi-Family

6881 Indian Creek Dr, Miami Beach, Florida, 33141

Price $5,195,000.00

• Lot size 11751
• Year Build 1939
• Waterfront
• Zip 33141
• Style
• Parking Description
• Pool Yes
• Status Active

Description

6881 Indian Creek was originally constructed in 1939 and consists of 30 one studio apartments averaging 284 square feet each. The property is situated on a 0.27-acre lot and has pre- approved zoning along with plans to operate as a select-service hotel. With zoning already approved by the City of Miami Beach, 6881 Indian Creek is an ideal location for an investor looking to get into the profitable short-term rental business in a booming market. With the completion of the newly renovated Miami Beach convention center along with the North Beach Town Center, an investor can easily achieve an ADR of $115 a room once converted to short-term rentals.

ATLANTIC HEIGHTS PB 9-14 ALL BLK K LOT SIZE 11751 SQ FT OR 12960-624 0186 4 COC 24113-4770 01 2006 4

6881 Indian Creek was originally constructed in 1939 and consists of 30 one studio apartments averaging 284 square feet each. The property is situated on a 0.27-acre lot and has pre- approved zoning along with plans to operate as a select-service hotel. With zoning already approved by the City of Miami Beach, 6881 Indian Creek is an ideal location for an investor looking to get into the profitable short-term rental business in a booming market. With the completion of the newly renovated Miami Beach convention center along with the North Beach Town Center, an investor can easily achieve an ADR of $115 a room once converted to short-term rentals.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.8538919,Malone Id:2034864319,List Price:5195000,Listing Id:A10818424,Longitude:-80.123352,Mls Status:Active,Year Built:1939,Postal Code:33141,Street Name:Indian Creek Dr,Coordinates:1:25.8538919,Photos Count:6,Business Type:1:Residential-Multi-Family,Days On Market:178,Lot Size Units:Square Feet,On Market Date:2020-02-14,Parcel Number:02-32-11-001-0750,Property Type:Commercial Sale,Street Number:6881,Public Remarks:6881 Indian Creek was originally constructed in 1939 and consists of 30 one studio apartments averaging 284 square feet each. The property is situated on a 0.27-acre lot and has pre- approved zoning along with plans to operate as a select-service hotel. With zoning already approved by the City of Miami Beach, 6881 Indian Creek is an ideal location for an investor looking to get into the profitable short-term rental business in a booming market. With the completion of the newly renovated Miami Beach convention center along with the North Beach Town Center, an investor can easily achieve an ADR of $115 a room once converted to short-term rentals.,County Or Parish:Miami-Dade County,Expiration Date:2021-09-01,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3867,State Or Province:FL,Unparsed Address:6881 Indian Creek Dr, Miami Beach FL 33141,Listing Agreement:Exclusive Agency,Building Area Total:8506,Building Area Units:Square Feet,Lot Size Square Feet:11751,Original List Price:5195000,Public Survey Range:32,I D X Participation Y N:1,Syndication Remarks:6881 Indian Creek was originally constructed in 1939 and consists of 30 one studio apartments averaging 284 square feet each. The property is situated on a 0.27-acre lot and has pre- approved zoning along with plans to operate as a select-service hotel. With zoning already approved by the City of Miami Beach, 6881 Indian Creek is an ideal location for an investor looking to get into the profitable short-term rental business in a booming market. With the completion of the newly renovated Miami Beach convention center along with the North Beach Town Center, an investor can easily achieve an ADR of $115 a room once converted to short-term rentals.,Listing Contract Date:2020-02-14,Originating System I D:miamire,Public Survey Section:11,Street Number Numeric:6881,Tax Legal Description:ATLANTIC HEIGHTS PB 9-14 ALL BLK K LOT SIZE 11751 SQ FT OR 12960-624 0186 4 COC 24113-4770 01 2006 4,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:1.5%,Contract Status Change Date:2020-02-14,Dual Variable Compensation Y N:1,Transaction Broker Compensation:1.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,