68-50 Ave 11 #68-50 - Tierra Negra, 00000
Overview
Description
Supplements: ... (Read more) On-site amenities include a restaurant and bar, outdoor swimming pool, four event and conference rooms, terraces, laundry facilities, administrative offices, two elevators, six retail/commercial spaces, and two parking areas. The building's layout provides flexibility for multiple business strategies such as continued hotel operations, extended-stay apartments, corporate housing, medical offices, student housing, or a mixed-use redevelopment project. Located in the Tierra Negra district, a central and accessible area surrounded by commercial centers, medical facilities, banks, and business offices, the property benefits from strong visibility and convenient access. In today's Venezuelan real estate market, established assets like this represent a highly attractive entry point for international investors, with the potential for substantial appreciation through repositioning and operational optimization. Ideal for: International hospitality groups Real estate investment funds Developers seeking adaptive reuse or repositioning opportunities A landmark property with a recognized name, prime location, and multiple redevelopment possibilities--ready for the next investor to unlock its full potential.
Listing Details MLS# R11169517
General Property Information
- Property Sub Type
- Hotel/Motel
- Number Of Units Total
- 68
- Building Area Main
- 35500
- Building Area Source
- Owner
- Year Built
- 1980
- Lot Size Area
- 43560
- Lot Size Acres
- Yes
- Accessibility Features YN
- Yes
- Stories
- 7
Property Features
Contract Information
- Comp Sale YN
- No
- Original List Price
- 2000000
Location and Legal
- Country
- Venezuela
- County Or Parish
- Other
- County Parish Name
- Other
- Street Number
- 68-50
- Street Name
- Ave 11 #68-50 - Tierra Negra
- Postal Code
- 00000
- Area
- 5990 - International
- Parcel Number
- 000000000
- Zoning
- Industrial
- Directions
- Avenida 11 N.º 68-50, entre calles 68 y 69 Sector Tierra Negra Maracaibo, Estado Zulia Venezuela
- Property Description
- Hotel
Financial Information
- Tax Year
- 2025
- Tax Legal Description
- Ave 11 #68-50 - Tierra Negra
Remarks and Miscellaneous
- Public Historical Remarks
- Building Type: Income, Miscellaneous: Office
More Information
Status Change Information
- Major Change Timestamp
- 2026-03-06T22:13:48Z
- Major Change Type
- New Listing
- Status Change Date
- 2026-03-06
Building and Property Details
- # Of Offices
- 5
- # Of Toilets
- 75
- % Air Conditioned
- 100
- Maximum Ceiling Height
- 12
Description of Unit Type 1
- Unit Type
- 1 Bedroom
- Units Total
- 68
- Furnished
- Yes
Description of Unit Type 2
- Unit Type
- Shop(s)
- Units Total
- 4
Price Calculations
- Current Price To SqFt
- 56.33
Originating Details
- Originating System Key
- 20260227190135436340000000
- Originating System ID
- M00000170