Commercial Sale · Hotel/Motel
1028 SW 9th Ave, Miami FL 33130, MIAMI, FL, 33130
Active379 days on marketListed Aug 1, 2025MLS #A11855466
About this property
The property at a glance
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.
4,742
Building sq ft
$907
Price / sq ft
7,250
Lot sq ft
1925
Year built
T3-O
Zoning
Hotel/Motel
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$21,926/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Iain to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
54,255
Population
$39,361
Median income
44
Median age
2
Avg household
$454,868
Median home value
$1,366/mo
Median rent
5,256
Households w/ kids
Consumer profile
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Recent sales
What actually sold near 1028 SW 9th Ave
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$3,800,000
2390 SW 8th St, Miami FL 33135
Sold Dec 6, 2024
$3,750
1700 SW 2nd Ave, Miami FL 33129
Sold Jul 24, 2025
$1,025,000
432 NW 12th Ave, Miami FL 33128
Sold Jun 18, 2026
Your team
The pros in your corner
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, offers, and every question about 1028 SW 9th Ave — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 1028 SW 9th Ave.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of Fausto Commercial Realty Consultants Inc · Mauricio Villasuso. MLS #A11855466.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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