2390 8Th StMiami, FL 33135

This exceptional investment opportunity presents a fully operational, 23-unit hotel ideally situated on Calle Ocho in Miami, Florida. The property, encompassing two buildings known as the Rainbow and San Juan Motels, operates as a single entity and has enjoyed consistent success for over three decades. Built in 1952, the one-story buildings offer a blend of remodeled and original units, providing a unique character and potential for further upgrades. The asking price for this turnkey operation is $3,900,000, representing a compelling return on investment. The sale includes both buildings and the established business, offering immediate income generation. This prime location on Calle Ocho provides excellent visibility and access to a vibrant tourist and local market. The property's long operational history and strong cash flow make it an attractive proposition for experienced hospitality investors seeking a well-established asset in a high-demand area. The two buildings are situated on a single parcel in Miami-Dade County, Florida, with a zip code of 33135. All inquiries should be directed through the appropriate channels. Please refrain from contacting staff or guests directly.