Lee & Associates presents investors the opportunity to acquire Turn-key Mediterranean Style Villa The Orchid House a South Beach Boutique Luxury Hotel that can double as Private Club Entertainment Venue or Private Residence. The Hotel was designed by renowned architect Wallace Tutt, who also designed the Versace Mansion. The Property is situated on a private gated, 7,000 SF lot, offering ten furnished guest beds dispersed over three Italian Style villas with a total of 6,340 SF. Each villa has its own kitchen and restrooms. Villa One encompasses up to 3 guest suites with 1 1/2 bathrooms and a kitchen. Villa Two includes 3 guest suites, 3 bathrooms, and a kitchenette. Villa 3 features a ground floor space including a single guest suite, a bathroom, kitchenette, and wine cellar, a 2nd Floor Space with 2 Beds and 1 Bath and a separate One Bed Studio in the rear with a bathroom, kitchen, and washer and dryer. Additional property amenities currently include a large, beautifully landscaped open courtyard with couches, dining table, a covered pool, secure 2 car garage, and 24-hour security system. In the heart of Miami’s storied Art Deco district, this mansion is just steps from the beach, proximate to several major retailers, Restaurants, and Dining. This versatile property is zoned MXE which offers endless possibilities. The property has a current hotel license and is also located in the area where Air BnB is allowed on Miami Beach.
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