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Property Name:  Oceanfront Hotel

Location:  South Beach

Asking Price:  $17,000,000

Number of Units:  46

Lot Size:  4

Total Square Feet:  19

Price Per Unit:  $304

Year Built:  1936


Watefront:  YES

Waterfront Miami commercial real estate property is located on Ocean Drive. This Art Deco hotel has three stories plus a basement. There are approximately 45/50 rooms  and a restaurant with bar and a full liquor license. Highly profitable operations with further upside potential.

Contact
MLR Realty
(305) 673-3303
Email


Additional Information
Built in 1936, this Miami hotel for sale is located on famous Ocean Drive.  it was partially renovated through time and recently passed City's 40 year certification. Roof can be adapted to be used as sundeck and/or terrace for parties. Restaurant and bar highly profitable part of the hotel operations (not leased out). Further potential with partial conversion to bar/night club if desired.
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