Rare hospitality offering in prime South of Fifth enclave, one block from the ocean in South Beach. This stylish and warm, 8,766 SqFt, two-story, 26 room hostel includes all new flooring, upgraded en-suite bathrooms, on site laundry, over-sized lobby, common area kitchen, freshly painted exterior and recently completed 40 year re-certification. Operating as Jazz on South Beach Hostel, the property currently holds 196 beds with potential capacity to increase to 218 beds. Feasibility study done for 3rd floor addition & new owner can activate lobby with liquor license/ food and beverage. Steps to the best restaurants, nightlife, and retail; this property is central to the fashion, art, and culture that is Miami Beach.
|INTERIOR||Cocktail Lounge, Elevator, Exterior Lighting, Heavy Traffic, Kitchen Facilities, Lobby, Miscellaneous: Computer Wiring, Private Restrooms, Reception Area|
|LOT||8766 sq ft|
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