A renovated, income-generating asset in the heart of Miami Beach, currently operating as a short-term rental property with immediate cash flow. The offering also includes an on-site parking lot, a highly valuable component in this supply-constrained submarket that enhances both operating income and future redevelopment flexibility. Located just minutes from Lincoln Road and major lifestyle and hospitality destinations, the property is positioned within a corridor experiencing continued reinvestment and growth. In addition to stable in-place revenue, the site presents meaningful development potential, offering investors the rare opportunity to combine current income with long-term upside in one of Miami Beach’s most sought-after neighborhoods.