9101 Biscayne Blvd - Hospitality FOR SALE


Miami, FL 33138
$6,500,000 USD
305-507-7098
9101 Biscayne Blvd, Miami, FL for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

9101 Biscayne Blvd
Miami, FL 33138


HIGHLIGHTS

  • Easy access to major transportation arteries
  • Within minutes from Miami Beach, The MIMO District, North Miami, Wynwood, Edgewater, Midtown and The Design District

OVERVIEW

Compelling investment opportunity to acquire La Hacienda Motel, featuring 39 rooms in the vibrant city of Miami Shores. This exclusive offering allows investors a unique entry into Miami’s thriving tourism industry. With its strategic location on Biscayne Blvd, the motel presents significant income growth potential through guest room renovations and optimized pricing strategies. The property is located in the heart of Miami Shores, renowned for its prime location and convenient access to the Biscayne Boulevard corridor. Recently, this attractive neighborhood has become one of Miami’s most desirable areas to live and visit, given its proximity and access to the Miami Shores Country Club, restaurants, bars, cafes, shopping malls, and boutiques. Additionally, the property provides users with easy access to major transportation arteries. It is minutes from Miami Beach, the MIMO district, North Miami, Wynwood, Edgewater, Midtown, and The Design District.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$492 USD /SF

# OF ROOMS

39

PRICE/ROOM

$166,667 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hacienda Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

A2-MULTI-FAMILY AND HOTEL

APN/PARCEL ID

11-3206-009-0010

ASK ABOUT THIS PROPERTY

Pablo RodriguezGridline PropertiesMore Info
305-507-7098

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Pablo RodriguezGridline PropertiesMore Info
305-507-7098

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