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    1028 SW 9Th Ave Miami, FL 33130

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    For Sale
    $4,300,000

    25-room motel in Little Havana, near Brickell.

    Lot size:
    0.17 Acres

    Property Features for 1028 SW 9Th Ave

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1925

    Source: Fausto Commercial Realty Consultants Inc Agent Mauricio Villasuso

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Little Havana Motel Opportunity

    Located in East Little Havana, abutting the Roads neighborhood and within walking distance of Brickell, this property presents a business investment opportunity. Historically licensed as a motel/inn and previously operated as a rooming house, the vacant building has been completely gutted and restored. The property features 25 rooms and 9 bathrooms in a classic SRO (single room occupancy hotel) configuration, where bathrooms are shared. Permits are closed, and the CU/CO has been renewed. The property has been 40/10 year recertified.
    Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    2110 Brickell Hotel, Villa Rosa, Maiami Condo, VRBO, Lineup Concept- Experiential Pop-Up Containers

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.209069
    Latitude
    25.763465

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    FAQs

    What type of property is this?
    Motel - 25-room motel in Little Havana, near Brickell.
    Where is this motel located?
    The property is located at 1028 SW 9Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: - Fully restored 25-room SRO with renewed CU/CO and 40/10 year recertification.; - Historically licensed with an active motel/inn license, presenting a potential cash-cow business opportunity.; - Prime location in East Little Havana, abutting the Roads neighborhood and within walking distance of Brickell.
    (305) 340-8901
    Request Owner's contact information
    1028 SW 9Th Ave Miami, FL 33130
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    Miami, FL 33130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1028 SW 9Th Ave Miami, FL 33130
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