4700 SW 8th St
Miami, FL 33134
Gables Cove Hotel · Hospitality Property For Sale
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13,356 SF
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 4700 SW 8TH ST , MIAMI, FL 33134
• Coral Gables 31 Room Hotel in Prime Location • Completely renovated plumbing, electrical , baths, doors, tile floors • Potential Hotel for Extended Stay, Corporate Housing, Airline Crews/Travelers, LUX Boutique • Large Lot Zoned Central Business (CB), City of Coral Gables • Solid CBS Construction, 2-Story Exterior Corridor • Plenty of Parking on-Site, Secured and Gated • Lobby Area perfect for Owner Operator with Separate kitchen and bath facility • Well established Boutique Hotel, minutes to Miami Airport and downtown Coral Gables • High Traffic and Visibility, Signalized Corner Location • Current Revenue based on OTA marketing and distribution • Potential ADR increase from breakfast bar, in-room amenities, social media promotion • RARE Opportunity to secure a quality Hotel in the Lejuene Road and SW 8th Street Area • Property has strong revenue with potential for growth with on-site operator
PROPERTY TAXES
| Parcel Number | 03-4107-002-0010 | Improvements Assessment | $321,800 |
| Land Assessment | $2,708,200 | Total Assessment | $3,030,000 |
