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$39,000,000
Est. payment /mo
37,535 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 37,535 sqft
Price per Sqft $1,039
MLS Listing ID A11754722
HOA Y/N No
Lot Size 0.862 Acres
Property Sub-Type Hotel/Motel
Property Description
This is a rare opportunity to acquire a 100-room boutique hotel in the heart of Miami Beach's thriving hospitality market. Located steps from the beach on Collins Ave, this asset comprises four buildings, including 20 suites with kitchens, catering to extended-stay guests and high-end travelers.
A key highlight is the on-site restaurant and bar, generating $2.5M in annual revenue, adding significant value to the investment. With Miami Beach's booming tourism and strong demand for boutique accommodations, this property presents a turnkey opportunity with immediate income potential.
Asking Price: $39M – Don't miss this exceptional investment in one of the country's most sought-after hospitality markets. Contact me for more details.
A key highlight is the on-site restaurant and bar, generating $2.5M in annual revenue, adding significant value to the investment. With Miami Beach's booming tourism and strong demand for boutique accommodations, this property presents a turnkey opportunity with immediate income potential.
Asking Price: $39M – Don't miss this exceptional investment in one of the country's most sought-after hospitality markets. Contact me for more details.
Location
State FL
County Miami-dade
Area 32
Exterior
Private Pool Yes
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Listed by Rise Realty
"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."
1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States