5121 W Flagler St
Coral Gables, FL 33134
16 Unit Motel Business and Property · Hospitality Property For Sale
·
13,800 SF
Investment Highlights
- Cash Generating Motel and Multi Family Apartment Building
Property Facts
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1954 |
| Building Class | C | Parking Ratio | 8.23/1,000 SF |
| Lot Size | 0.32 AC | Corridor | Exterior |
| Building Size | 13,800 SF | ||
| Zoning | R-3, Miami - T 5-L zoning | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 13,800 SF |
| No. Stories | 1 |
| Year Built | 1954 |
| Parking Ratio | 8.23/1,000 SF |
| Corridor | Exterior |
| Zoning | R-3, Miami - T 5-L zoning |
Amenities
- Room Service
- Public Access Wifi
About 5121 W FLAGLER ST , CORAL GABLES, FL 33134
Off Market Sale. Another price reduction on this very rare opportunity to purchase 2 busy income producing properties side by side on the corner of 51st Ave. and Flagler Street. This 16- Studio Motel has been updated and is a very well established cash generating business. The asking price for the motel is 2.9 Million. Next door 5151 is a 12 unit Multi Family Building consisting of 1 bedroom and 1 bath that is fully leased. The apartment building asking price is 2.3 Million. Both property size is ± 11,532 SF. Broker Remarks: Please do not disturb or inquire about information from workers or tenants on either property. Profit and Loss Statements plus Rent Roll available upon request. Properties shows very well and in good condition. Financial information and rent roll available. Please request a Non disclosure agreement.
Property Taxes
| Parcel Number | 01-4106-029-0030 | Improvements Assessment | $223,069 |
| Land Assessment | $966,000 | Total Assessment | $1,189,069 |
Property Taxes
