Zoned RM2 good opportunity to be converted to hotel, hostel or short term rental with Miami Beach city approval. The property also allows for a 5 story building to be built with the purchase of the lot next door. Great for the investor looking to build condominiums. Located 1 block south of famous Lincoln Road. The property has four 2 bedroom, 1 bathroom units, all with the same floorplan. The units have been renovated with new kitchens and bathrooms, hard wood floors throughout the building. Income producing coin laundry on premises. Windows have been replaced which include a storage of hurricane shutters. 

Property is located blocks from dinning, movie theater and shopping.