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1028 SW 9th Ave, Miami FL 33130

Commercial For Sale
$4,300,000

BTC: 70.03257329

ETH: 2,462.77205040

302 days
0 room(s)

Overview

Exceptional business investment opportunity in East Little Havana abutting the Roads neighborhood and in walking distance to Brickell is this potential cash-cow that has been historically licensed with an active motel/inn license and operated once as a rooming house. Now it is vacant, having been completely gutted and restored by current owner this iconic building can once again be a money-generating business. With permits now all closed, CU/CO renewed, 40/10 yr recertified, this 25 room, 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where baths are shared with other units.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1925
Lot:
7250 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,825,000
$727K – $3.7M
Confidence Low
List vs. estimate
$2.5M above estimate
List $4,300,000 · +135.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
14 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.1M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$29,161
All facts and features
  • Lot

    • Lot: 7250 Square Feet

    Other Property Information

    • Parcel Number: 01-41-38-012-0210

    • Zoning: T3-O

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Hotel/Motel

  • Other financial information

    • Annual tax amount: $29,161

  • Source details

    • MLS ID: A11855466

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fausto Commercial Realty Consultants Inc