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- LoopNet Team
7160 SW 8th St
Miami, FL 33144
Orange Grove Motel · Hospitality Property For Sale · 3,806 SF
Investment Highlights
- Seller Financing Available
- Additional Income Available with 3 Neighboring Houses also For Sale.
- Lots of Upside Potential
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Year Built | 1950 | |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.29 AC | Parking Ratio | 2.28/1,000 SF |
| Building Size | 3,806 SF | Corridor | Exterior |
| Property Type | Hospitality |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 3,806 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 2.28/1,000 SF |
| Corridor | Exterior |
About 7160 SW 8th St , Miami, FL 33144
Orange Grove Motel on Calle Ocho is currently being Offered For Sale with Seller Financing Available. Fully Operational Motel with 14 keys and an Annual Gross Income over $240,000. Seller's Current Annual Expenses are $80,200 with an NOI of $159,800. The property can continue operating as a Motel or it can be re-positioned into a Multifamily Apartment building with less Management Responsibilities. Three Houses Behind the Motel are also available For Sale for Additional Income and Potential Future Redevelopment. 830 SW 71st Court, 840 SW 71st Court & 821 SW 72nd Avenue. See Attachments. Motivated Seller All Offers will be Considered.
PROPERTY TAXES
| Parcel Number | 30-4011-011-0190 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,131,671 |
PROPERTY TAXES
zoning
| Zoning Code | BU-2 |
| BU-2 |
Learn More About Investing in Hospitality Properties
