Description
The SeaSide Suites present a unique opportunity by providing an investor with multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and/or raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed. Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with central A/C, electrical, appliances, fire safety, fixtures and finishes- plus a new roof and impact windows and doors. The Seaside Suites boast a spectacular location in Miami Beach just one block from the North Shore Open Space Park (36 acres) and one of the world’s most famous beaches. It lies tucked in a quiet residential neighborhood that is just three blocks from the commercial center of North Beach. Suite Hotels have become the “go-to” destinations for vacationers, business travelers, and those seeking a non-traditional hotel experience. Seaside Suites are located within the Harding Avenue Overlay District (US Route 1) permitting Short Term Rentals and offers eight stand-alone Suites.
School Ratings & Info
Description
The SeaSide Suites present a unique opportunity by providing an investor with multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and/or raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed. Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with central A/C, electrical, appliances, fire safety, fixtures and finishes- plus a new roof and impact windows and doors. The Seaside Suites boast a spectacular location in Miami Beach just one block from the North Shore Open Space Park (36 acres) and one of the world’s most famous beaches. It lies tucked in a quiet residential neighborhood that is just three blocks from the commercial center of North Beach. Suite Hotels have become the “go-to” destinations for vacationers, business travelers, and those seeking a non-traditional hotel experience. Seaside Suites are located within the Harding Avenue Overlay District (US Route 1) permitting Short Term Rentals and offers eight stand-alone Suites.
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