786-443-3105
901 S Royal Poinciana Blvd, Miami Springs, FL for Sale
Hospitality - FOR SALE
1/19
null | Request Cap Rate

901 S Royal Poinciana Blvd
Miami Springs, FL 33166
Country Club Estates


HIGHLIGHTS

  • VALUE-ADD RENOVATION TO MULTIFAMILY TOTALING 49 UNITS
  • REDEVELOPMENT OF THE 52,390 SQ. FT SITE FOR VARIOUS USES
  • CONTINUATION OF THE CURRENT BUSINESS OPERATION AS A MOTEL

OVERVIEW

Offers Due August 8 CBRE, as exclusive advisor, is pleased to present the Aladdin Hotel, a 50-room hotel that allows for various uses located at 901 S Royal Poinciana Boulevard in Miami Springs. This is a Court appointed sale, free-and-clear of liens and claims. The property allows for multiple uses including: - CONTINUATION OF THE CURRENT BUSINESS OPERATION AS A MOTEL - REDEVELOPMENT OF THE 52,390 SQ. FT SITE FOR VARIOUS USES - VALUE-ADD RENOVATION TO MULTIFAMILY Built in 2007, the property totals 41,996 square feet in two buildings totaling 50 units. Building 1 located at the front of the building has 22 rooms and an office. Building 2, located at the back, has 28 rooms and offices and a laundry area with two industrial washers and two industrial dryers on the third floor. There are two elevators, one in each building. 35 of the 50 units have private individual garages. There are an additional 16 parking spaces at the back of the property. There are 3 main unit types: Duplexes: 8 rooms - two levels of living space with a private garage on ground floor Studio with Garage: 27 rooms - single-level studios with a private garage on ground floor Studios: 15 rooms - studios with no garage The property is located in Miami Springs near the intersection of Le Jeune Road and NW 36 Street. The property is less than two miles from Miami International Airport (MIA) and provides easy access to State Road 112, Okeechobee Road and the under construction Inter Miami Soccer Stadium.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

50

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Offers Due August 8 :: Aladdin Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2007

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

-

APN/PARCEL ID

05-3120-036-0090

ASK ABOUT THIS PROPERTY

Calum WeaverCBREMore Info
786-443-3105

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Calum WeaverCBREMore Info
786-443-3105

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