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Hotel-Motel

Atlantiqua

245 30th St, Miami Beach, FL 33140

Listing Price: $14,930,000

Cap Rate
7.00%
Number of Rooms
4
RevPAR
$980
Gross SF
8,000
Price/Room
$3,732,500
Price/Gross SF
$1,866.25
Year Built
2022

Investment Overview

Marcus & Millichap is proud to present Atlantiqua, a ?ve-story boutique short term rental building located in Miami Beach, Florida. The property is located on 245 30th street with approximately 40 feet of frontage. The subject consists of approximately 10,000 gross square feet of area situated on 0.09 acres of land. The building has four luxury units; unit one consists of two bedrooms and two-and-one-half bathrooms, units two and three consist of two bedrooms, two-and-one-half bathrooms, each with a private spa. The penthouse unit consists of two bedrooms, two-and-one-half bathrooms,with a rooftop infinity pool and recreational area. The property has a car port with a capacity of eight cars, all equipped with charging stations . There is approximately two million dollars of cost to complete the project. This asset sits between two major transit corridors, Collins Avenue, and Indian Creek Drive, with a combined traf?c count of over twenty-?ve thousand vehicles a day and is within walking distance to major entertainment destinations in Miami Beach, including Ocean Drive, Boardwalk, Beachwalk, and numerous famous clubs and restaurants. The property has a great Airbnb potential as a boutique short term rental building with luxury suites.

Investment Highlights

  • Five-story boutique short-term rental building located in Miami Beach, Florida.
  • The subject consists of approximately 10,000 gross square feet of area situated on 0.09 acres of land
  • The building has four, three-bedroom luxury units with a personal spa, rooftop infinity pool, recreational area, and eight-car parking garage, with electronic car charging stations.

Exclusively Listed By

Financing By

Hotel-Motel

Atlantiqua

Listing Price: $14,930,000

Cap Rate
7.00%
Number of Rooms
4
RevPAR
$980
Gross SF
8,000
Price/Room
$3,732,500
Price/Gross SF
$1,866.25
Year Built
2022

Investment Highlights

  • Five-story boutique short-term rental building located in Miami Beach, Florida.
  • The subject consists of approximately 10,000 gross square feet of area situated on 0.09 acres of land
  • The building has four, three-bedroom luxury units with a personal spa, rooftop infinity pool, recreational area, and eight-car parking garage, with electronic car charging stations.

Investment Overview

Marcus & Millichap is proud to present Atlantiqua, a ?ve-story boutique short term rental building located in Miami Beach, Florida. The property is located on 245 30th street with approximately 40 feet of frontage. The subject consists of approximately 10,000 gross square feet of area situated on 0.09 acres of land. The building has four luxury units; unit one consists of two bedrooms and two-and-one-half bathrooms, units two and three consist of two bedrooms, two-and-one-half bathrooms, each with a private spa. The penthouse unit consists of two bedrooms, two-and-one-half bathrooms,with a rooftop infinity pool and recreational area. The property has a car port with a capacity of eight cars, all equipped with charging stations . There is approximately two million dollars of cost to complete the project. This asset sits between two major transit corridors, Collins Avenue, and Indian Creek Drive, with a combined traf?c count of over twenty-?ve thousand vehicles a day and is within walking distance to major entertainment destinations in Miami Beach, including Ocean Drive, Boardwalk, Beachwalk, and numerous famous clubs and restaurants. The property has a great Airbnb potential as a boutique short term rental building with luxury suites.

Exclusively Listed By

Financing By

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