Rare opportunity to acquire an 8-unit multifamily property in a prime South Beach location. Very large 1 bedrooms/ 1 bath who could be easily converted into 12 units. Just a short walk to Collins Avenue, Espanola Way and Lincoln Rd, only two blocks from the beach. The property is a unique investment opportunity with the potential for hotel use or short-term rentals and offering exceptional flexibility for investors. Strong upside potential with the possibility to operate as a hotel or obtain a short-term rental license, making this a compelling income-producing opportunity. Current Income is as follows: $2,000 $1,800 $1,650 $1,850 $1,850 $1,675 $1,650 $1,600 _____________ $14,075 X 12 =$168,900.00 yearly Income Projected Income (with 12 units after renovation + Hotel zoning) $140 / night X 30 = $4,200/ mo X 12 = $50,400 / month x 12 = $604,800 /year - 30% =$423,360/year with 70% occupancy per unit or rent long term Bring your offer! Seller is ready to negotiate!