Renovated Income-Producing Building in the Heart of Florentin | Residential & Retail

Tel Aviv

Ask Me For More Information

Avraham Monarov | Guil Marciano

Agent

Office Phone:03-7710977

office@israelsir.com

6203

Key Details

Property Type

Multi-Family Homes

Lot Size

262 m²

Interior

462 m²

Balcony

226 m²

Price in ILS

₪26,000,000

Price in USD

$8,965,517

Features & Amenities

  • Air Conditioner
  • City View
  • Metropolis
  • Shopping Areas
  • Public Transportation
  • Balcony/Terrace

Property Description

A distinctive income-producing asset in the heart of Florentin, Tel Aviv – a fully renovated mixed-use building comprising residential floors and active ground-floor retail.

The property has undergone a comprehensive renovation approximately four years ago and is currently fully occupied, including all retail units. It operates today as a boutique hotel featuring 10 spacious suites, generating steady income with additional long-term upside potential.

– Total built area of approximately 462 sqm, complemented by approximately 226 sqm of outdoor spaces.

Property breakdown:
– Ground floor – approx. 194 sqm, plus approx. 33 sqm of outdoor space, including 6 active retail units.
– Residential floors – approx. 268 sqm, complemented by two rooftop terraces and balconies totaling approx. 196 sqm.

Positioned in the heart of Florentin, one of Tel Aviv’s most dynamic and sought-after neighborhoods, the property benefits from strong demand for both residential and short-term rentals, within close proximity to Neve Tzedek, Jaffa, and the city center.

An exceptional opportunity to acquire a stabilized, income-generating asset in a prime central location, offering consistent demand and long-term growth potential.

contact information

אברהם מונרוב | גיל מרציאנו

Agent

Office Phone:03-7710977

office@israelsir.com

Ask Me For More Information

Similar Properties For You

₪28,000,000 Jaffa
₪24,500,000 Tel Aviv
₪13,500,000 Tel Aviv
₪15,000,000 Tel Aviv
₪15,900,000 Tel Aviv
₪26,342,820 Tel Aviv

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to us, we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Israel Sotheby's International Realty. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.

read more...

The site contains various materials, protected by copyright, trademarks and proprietary rights, including content, images, graphics, music, video and sound, some of which are owned exclusively by the Company and/ or others are owned by third parties. Due to these rights any use of the site or part of it to create a derivative work or exploit the site and / or the content of the site, in whole or in part for any purpose other than for which the site was created is prohibited.

Sotheby’s International Realty is a registered trademark owned and licensed to SIR Affiliate LLC.

Each Office is Independently owned and Operated.

Call Now Button