Zen Motel


575 NE 61st St, Miami, FL 33137

  • Licensed hotel situated in the Miami Modern or MiMo district.
  • Centrally located within proximity to Midtown Miami, the Design District and North Bay Village.
  • Fully furnished rooms with designer finishes.
  • All Units have automatic entry systems and central/mini split HVAC.

Property Description

The Porosoff Group at Compass Commercial is pleased to present The Zen Motel , a short-term licensed hotel consisting of 8 rooms located in the heart of the Miami Modern or MiMo district . The property was originally built in 1936 and underwent a full gut rehab in 2017. It sits on a 4,800 square-foot lot and with 2760 square-feet of rentable space.

The Zen Motel is ideally located less than 2 blocks from the Magic City Innovation District, a multibillion-dollar redevelopment site encompassing 18 acres that will have a transformative impact on the immediate area while maintaining the historical ties to the MiMo district and surrounding Little Haiti area.

The Zen Motel offers an investor the opportunity to purchase a short-term rental property that is fully turnkey. Current management has spared no expense in remodeling the building and has created a peaceful, Zen-like environment with tasteful furnishings and decorative items throughout the property. The Zen has automated entry systems and remote management capabilities built in-to the property, giving operators the ability to maximize income on the site by reducing on-site labor costs. This coupled with high occupancy and rates driven by limited short-term rental inventory make this an investment that will only appreciate over time as the capital migration to South Florida continues to accelerate 

Key Property Information

Listing Status
Listing Type
Highest & best offer
Multifamily type
Garden Style
$ 2,400,000
No. of Units
Year Built
Building Size
2,760 Sq ft
Lot Size
4,800.00 sq ft
No. of Stories
Opportunity Zone
Price per unit
$ 300,000
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25.832861, -80.184651

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