432 NE 26th St
Miami, FL 33137
Fortuna House Apartments · Hospitality Property For Sale
·
24 Rooms
Investment Highlights
- The property is located in the heart of Edgewater and features 24 units
- The property is located minutes from Downtown Miami, Wynwood and Midtown.
- Average unit size is 450 SF
Property Facts
| Property Type | Hospitality | No. Rooms | 24 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1925/2026 |
| Lot Size | 0.11 AC | Parking Ratio | 0.41/1,000 SF |
| Construction Status | Under Renovation | Corridor | Interior |
| Building Size | 10,899 SF | ||
| Zoning | 4604 - Provide for quality residential neighborhoods in an urban setting | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.11 AC |
| Construction Status | Under Renovation |
| Building Size | 10,899 SF |
| No. Rooms | 24 |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2026 |
| Parking Ratio | 0.41/1,000 SF |
| Corridor | Interior |
| Zoning | 4604 - Provide for quality residential neighborhoods in an urban setting |
Amenities
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Fully-Equipped Kitchen
About 432 NE 26TH ST , MIAMI, FL 33137
Colliers International is pleased to present the opportunity to acquire Fortuna House located at 432 NE 26th Street, a recently renovated boutique apartment building in the heart of Miami’s trendy Edgewater District. The building is located next door to Missoni Baia, which is currently under construction, and the recently completed 26 Edgewater Condo project. This building consists of 24 modern studio apartments with approximately 10,940 SF of rentable space on a 0.11 acre lot. The building is currently operated as short-term rentals with very strong income. All studio apartments come furnished. This property is a turn-key investment opportunity. This great investment opportunity has the potential to yield an incredible return for those who want to capitalize on the booming tourism sector and economic improvement in this neighborhood by doing short term rentals, while also having the ability to continue to utilize the property for multifamily use.
Property Taxes
| Parcel Number | 01-3230-021-0170 | Improvements Assessment | $2,040,000 |
| Land Assessment | $1,960,000 | Total Assessment | $4,000,000 |
Property Taxes
