Premium South Palm Canyon location surrounded by boutique hotels and restaurants, El Moro Villas includes two parcels totaling just under an estimated 1.5 acres of land lot size. Options are limitless for a new buyer. The property historically used at one time as a hotel / short-term offering, and for the past 15+ years has been utilized as long-term fully furnished studio apartments. The property currently includes 30 total units, plus an onsite office and an additional large storage or small retail / restaurant space having the required plumbing. Current tenants experience high quality residential living with resort like amenities such as an oversized pool and spa, lush landscaping and all-inclusive utilities including cable and internet. New buyer may capitalize on the surging boutique hotel demand or continue operating as studio apartments.
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