Commercial - Miami Beach, FL
The Meridian House Hotel offers the Investor, Developer, or Connoisseur the rare opportunity to own the ultimate Private Villa in South Beach- Playground to the rich and famous and the worlds entertainment mecca. Meridian House has been operating as an income generating business- B&B Inn, Event Space, and Luxury Getaway- for the past five years and its performance is reflected in a Gross Income for the first half of 2017 of $260,525 USD. See Attached OM page 15 for substantiation of a true 7.0% Cap rate in place at asking price with extraordinary upside potential.
Would you like more information regarding this property?
Please call (305) 531-5803.
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