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$25,500,000
Est. payment /mo
52,133 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 52,133 sqft
Price per Sqft $489
MLS Listing ID A11740506
HOA Y/N No
Year Built 1966
Annual Tax Amount $137,874
Lot Size 0.479 Acres
Property Sub-Type Hotel/Motel
Property Description
This hotel is a unique redevelopment project in the heart of Miami Beach, ready to begin construction and offering investors the opportunity to transform a historic building into a 113-room luxury boutique hotel. The proposed design blends historic charm with contemporary elegance, featuring high-end suites, a rooftop pool, fitness center, gourmet restaurant, event spaces, and the rare advantage of on-site parking—an uncommon amenity in this prime area. Strategically located in a high-demand market, this project is designed to attract upscale clientele and generate strong returns in Miami Beach's thriving hospitality sector.
Location
State FL
County Miami-dade
Area 42
Exterior
Private Pool Yes
Building
Story 7
Others
Tax ID 02-42-03-009-0100
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11740506
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Listed by Beachfront Realty Inc
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Kate Zhurko
Broker Associate | License ID: 3229050
Broker Associate License ID: 3229050
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