411 S Krome Ave - Hospitality FOR SALE


Florida City, FL 33034
$10,900,000 USD
305-431-3535
411 S Krome Ave, Florida City, FL for Sale
$10,900,000 USD
Hospitality - FOR SALE
1/9
null | 8% Cap Rate

411 S Krome Ave
Florida City, FL 33034


HIGHLIGHTS

  • Turnkey hospitality property 5 miles away from Homestead Miami Speedway and Everglades Alligator Farm
  • 114 rooms, swimming pool, lounge, barbecue facilities
  • Prime location just a 12-minute walk from Florida Keys Outlet
  • Free private parking and complimentary WiFi throughout
  • Business center and vending machines on-site for guest convenience
  • Easy access to Homestead Miami Speedway and Everglades Alligator Farm

OVERVIEW

Best Western Gateway To The Keys, is right next to US-1 Hwy on the way to the FL keys! It has 114 rooms, with an outdoor swimming pool, free private parking, a shared lounge and barbecue facilities. Currently at a 8.6% Cap rate. With free WiFi, this 3-star hotel offers a 24-hour front desk and an ATM. All guest rooms come with air conditioning, a flat-screen TV with cable channels, a fridge, a coffee machine, a shower, free toiletries and a closet. All rooms feature a private bathroom, a hairdryer and bed linen. Guests at the hotel can enjoy an American breakfast. A business center and vending machines with snacks and drinks are available on site at Best Western Gateway To The Keys - Florida City, Homestead, Everglades.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$174 USD /SF

# OF ROOMS

114

PRICE/ROOM

$95,614 {currency}

CAP RATE

8%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Gateway To The Keys

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1994

PARKING SPACES

120

LAND DETAILS

LAND ACRES

3.49 AC

LAND SF

152,145 SF

ZONING

7000

APN/PARCEL ID

16-7930-001-0281

ASK ABOUT THIS PROPERTY

Louis EriceKeller Williams Realty Premier PropertiesMore Info
305-431-3535

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Louis EriceKeller Williams Realty Premier PropertiesMore Info
305-431-3535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.