MergerPlace

Hotel/Condo Real Estate Investment

Florida (Miami-Dade)


  • Asking Price: $610,000
  • Gross Income: $72,000
  • Cash Flow: $42,381
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #219052
  • Established: 2018
  • Employees:

Business Description

Passive Real Estate Investment making 7% + Return. For $610k you can earn 7 percent on your money each year or more. Own 2 hotel condos directly on Ocean Drive in the heart of all the action in South Beach. 2 units packaged together - 1 studio + 1 bedroom unit. Absentee owner- 0 Hours/week worked by the owner.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2018
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $610,000
Gross Revenue: $72,000
Cash Flow: $42,381
Seller Financing Available: No

Property Information

Reason for selling:

Other R/E Investing.

Contact Business Seller

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Business Listed By:

Russell Cohen

Murphy Business Brokers