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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

This Art Deco style hotel for sale in Miami Florida is located on prime Miami commercial real estate alon Ocean Drive in the heart of South Beach. 

Contact
MLR Realty
(305) 673-3303
Email


Additional Information
This property has been Sold
Built in 1936, Art Deco this hotel for sale in Miami Florida has three stories plus a basement. There are approximately 45/50 rooms and a restaurant with full bar and a liquor license.
 
It was partially renovated through time and recently passed the City's 40 year certification. The roof can be adapted to be used as a sundeck and/or terrace for parties. The restaurant and bar are a highly profitable part of the hotel operations (not leased out). Both are highly profitable operations and with a partial conversion to a bar/night club will bring in even more profits.
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