2390 SW 8th St Miami, FL 33135

SOLD FOR
$3,800,000
$4,100,000 (4.9%)

Overview

  • Status: Closed
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 6,753 ft2/627.37 m2
  • Price Per: $577.52 ft2/$6,216.39 m2
  • Type: Commercial/Investment
  • Built: 1952
  • HOA: No info
  • MLS Number: A11593755
  • View No info
  • On Site: 231 days
  • Updated: Listing Refreshed: 29 Days Ago

Prime Calle Ocho Location with 23 licensed Motel units fully operating for over 30 years in the business. Some units have been remodeled, and some are original. Sales includes both buildings, Rainbow and San Juan Motels, as they operate as one. Great CAP return per year. Sale includes business and the real estate. Please do not disturb staff or guests with questions. Contact agent for all questions and appointments.

Price History

DateEventPriceChange RatePrice Per
12/06/2024Sold$3,800,000.002.6%$562.71 ft2/$6,056.99 m2
08/05/2024Price Reduced$3,900,000.004.9%$577.52 ft2/$6,216.39 m2
05/24/2024Listed$4,100,000.00$607.14 ft2/$6,535.18 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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