4871 Flagler St ,Other for Sale

4871 Flagler St for Sale

Price $2,600,000.00

• Lot size 0
• Year Build 1953
• Waterfront
• Zip 33134
• Style
• Parking Description Common, Guest, No Boats, No Rv, No Truck/Trailer
• Pool Yes
• Status Active

Description

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.

2ND ADDN TO PINEHURST VILLA PB 6-157 LOTS 4 & 5 LESS S10FT LOT SIZE 100.00 X 130.00 OR 12934-1160 0686 1

City Location, Corner Lot, Near Airport

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.

City:Miami,Zoning:6107,List A O R:A-Miami Association of REALTORS,Tax Year:2023,Latitude:25.7715999,Cooling Y N:1,Heating Y N:1,List Price:2600000,Listing Id:A11538370,Longitude:-80.2750192,Mls Status:Active,Ownership:Other Ownership,Year Built:1953,Inclusions:Furniture/Fixtures, Business; Building And Land,Postal Code:33134,Street Name:Flagler St,Coordinates:1:25.7715999,Lot Features:1:Corner Lot,2:Near Airport,Photos Count:25,Days On Market:44,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2024-02-22,Parcel Number:01-41-06-022-0040,Property Type:Business Opportunity,Street Number:4871,Public Remarks: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.,Structure Type:1:Hotel/Motel,2:Hotel,County Or Parish:Miami-Dade County,Frontage Length:100,List Office Name:Eleventrust LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Guest,2:No Boats,3:No Rv,4:No Truck/Trailer,Postal Code Plus4:1472,Property Sub Type:Hotel/Motel,Special Licenses:1:State License,State Or Province:FL,Street Dir Prefix:W,Tax Annual Amount:19969,Unparsed Address:4871 W Flagler St, Miami FL 33134,Year Established:11,Building Features:1:Office,Insurance Expense:5000,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Original List Price:2600000,Public Survey Range:41,Documents Available:1:Investment Analysis,2:Photos,3:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Financial Data Source:1:Projected Pro-Forma,Listing Contract Date:2024-02-22,Originating System I D:miamire,Public Survey Section:6,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:4871,Tax Legal Description:2ND ADDN TO PINEHURST VILLA PB 6-157 LOTS 4 & 5 LESS S10FT LOT SIZE 100.00 X 130.00 OR 12934-1160 0686 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,M I A M I R E_ Typeof Business:Motel,M I A M I R E_ Internet Remarks:16 Unit Motel- Central Location - 8%+ Cap Rate - Passed 40 Year Re-certification - Great opportunity,Contract Status Change Date:2024-02-22,Distance To Freeway Numeric:1,Internet Address Display Y N:1,Operating Expense Includes:1:Licenses,2:Real Estate Tax,3:Trash,4:Water/Sewer,M I A M I R E_ Ok To Advertise List:No,Number Of Full Time Employees:2,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,