Price $2,900,000
Status Active
Size 7,500 sqft
Lot Size 7,500.00 ac
Days on Market 1
Extremely rare, fully licensed short term rental multi family building in the heart of South Beach, just blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of very few buildings in the area to be licensed for short term rentals, grandfathered in from prior to 2012. This Art Deco Gem, aka "Le'toile" features 4 spacious units, one 2 bedroom and three 1 bedrooms. Two of the units have an extra den/bedroom for potential added rental premium. The property features 3990 interior SF, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Incredible upside through capital improvements & an opportunity to convert into a single family home/Mansion.
Property Type(s): Commercial
Last Updated 4/4/2025 Year Built 1937
Community 32 County Miami-Dade

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA 32
CONSTRUCTION BLOCK
HEAT CENTRAL, Electric
LOT 7500 acre(s)
SEWER Septic Tank
STORIES 2
TAXES 21125
ZONING 3900

Location

 

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Listed with Compass Florida, LLC.
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