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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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1028 SW 9th Ave , Miami, FL 33130
$4,300,000
Est. Payment: $21,851.84/mo
0 Bed
0 Bath
4742 Sqft
Status: active | Days on site: 362
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House Description

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.

Highlights

Listed by Mauricio Villasuso , 305-340-8901 Fausto Commercial Realty Consultants Inc , 786-748-7373. REALTOR Association of Greater Miami and the Beach

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1925

County

Miami-Dade

Area

41

Listing ID

A11855466

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:T3-O
Principal Interest
$21,852
Taxes
$2,430

Home Price

$4,300,000

Loan Details

30 yrs
6.548%

Down Payment

20%
$860,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$21,851.84

Principal

Taxes

Principal Taxes HOA Total
Monthly $21,851.84 $2,430.08 $0.00 $24,281.93
Yearly $262,222.14 $29,161.00 $0.00 $291,383.14
Total $7,866,664.11 $874,830.00 $0.00 $8,741,494.11

Today's Rates

30 Year

6.55%

20 Year

6.41%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Miami, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by REALTOR Association of Greater Miami and the Beach, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-26T16:21:23.000Z

© 2026 REALTOR Association of Greater Miami and the Beach