Passive Hotel/Condo Real Estate Investment

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$610,000 $72,000

Services: Real Estate

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RE: Passive Hotel/Condo Real Estate Investment Broker: Russell Cohen

Quick Facts

Asking Price: $610,000
Annual Revenue: $72,000
Net Profit: Not Disclosed
Cash Flow: $42,381
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 81004955
Broker Reference #: 1043-15516

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Business Overview:

Passive Real Estate Investment making 7% + Return. For $610,000 you can earn 7 percent on your money each year or more. Own 2 hotel condos directly on Ocean Drive in the heart of all the action in South Beach. 2 units packaged together - 1 studio + 1 bedroom unit. Absentee owner- 0 Hours/week worked by the owner.

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Property Features and Assets:


Reason for Selling:

Other R/E Investing.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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