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  • 6881 Indian Creek was originally constructed in 1939 and consists of 30 one studio apartments averaging 284 square feet each. The property is situated on a 0.27-acre lot and has pre- approved zoning along with plans to operate as a select-service hotel. With zoning already approved by the City of Miami Beach, 6881 Indian Creek is an ideal location for an investor looking to get into the profitable short-term rental business in a booming market. With the completion of the newly renovated Miami Beach convention center along with the North Beach Town Center, an investor can easily achieve an ADR of $115 a room once converted to short-term rentals.

    • Additional Details
      • Address6881 Indian Creek Dr
      • Price$5,195,000
      • CityMiami Beach
      • MLS #A10818424
      • Property TypeCommercial Sale
      • Year Built1939
      • Property ClassCommercial Sale
      • StatusActive-Available
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