Renovated Apartment Building for
For Sale
Contact for pricing
Pending
2150 Park Ave, Miami Beach, FL 33139
Completely renovated apartment building currently operating as a short-term rental facility.
Property SizeContact for details
Days on Market125
Property Features for 2150 Park Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
20
Listing Agency:
CBRE - Fort Lauderdale
Listed By:
Calum Weaver · License #FL 3057668
Source:
Crexi
Added: Apr 11
Changed: Aug 10
Last Checked: Aug 13 at 10:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Fort Lauderdale
Investment Insights
Based on property information with market context.
2150 Park is a for-sale, fully renovated apartment building featuring 20 residences. The property is currently operating as a short-term rental facility with a hotel license in place under the Jurny Brand, and the management agreement includes an option to be terminated upon a potential sale.
The renovations were recently taken down to the building frame, with behind-the-scenes systems replaced, including electrical, plumbing, and roofing. Interior updates include tile flooring, upgraded kitchens with stainless steel appliances and modern cabinetry, subway tile in the bathrooms, and modern furniture and light fixtures.
The property allows for multiple investment approaches, including hotel, apartments, short-term rentals, condo conversion, and condo-hotel.
The renovations were recently taken down to the building frame, with behind-the-scenes systems replaced, including electrical, plumbing, and roofing. Interior updates include tile flooring, upgraded kitchens with stainless steel appliances and modern cabinetry, subway tile in the bathrooms, and modern furniture and light fixtures.
The property allows for multiple investment approaches, including hotel, apartments, short-term rentals, condo conversion, and condo-hotel.
Key Highlights
- 20 fully renovated residences at 2150 Park Ave in South Beach
- Currently operating as a STR facility with a hotel license in place under the Jurny Brand
- Management agreement includes an option to be terminated upon a potential sale
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,328
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Completely renovated apartment building currently operating as a short-term rental facility.
Where is this short term rental property located?
The property is located at 2150 Park Ave Miami Beach, FL.
What are key features of this property?
This property features: 20 fully renovated residences at 2150 Park Ave in South Beach; Currently operating as a STR facility with a hotel license in place under the Jurny Brand; Management agreement includes an option to be terminated upon a potential sale
