Overview

Closing Costs Calculator
  • Status: Active
  • Parking No info
  • Size: No info
  • Price Per: No info/No info
  • Type: Hotel Motel
  • Built: 1923
  • HOA: No info
  • MLS Number: A11478399
  • View No info
  • On Site: 188 days
  • Updated: 1 Days Ago
  • Page Views: 20

Located in a world-class destination in Miami Beach's South of Fifth Neiborhood. This fully renovated trophy hotel is just steps across from one of the most beautiful beaches in the world, the iconic South Pointe Beach surrounded by the best restaurants in Miami and the Country. All 25 suites are equipped w/full kitchens, catering to longer-staying guests. There is currently a cafe in the lobby that can be expand to a 40-seat cafe/restaurant currently has a full liquor license + commercial kitchen. A phenomenal investment rarely available in SoFi, surrounded by 3 bodies of water. The Hotel is passing the 40-year re-certification fully remodeled. Airb&b approved and making money. The value of this Hotel is the Real Estate 25 apartment hotel units and its location.

Contact Advisor

Price History

DateEventPriceChange RatePrice Per
05/22/2024Price Reduced$16,500,000.005.7%$1,067.48 ft2/$11,490.24 m2
05/13/2024Price Reduced$17,500,000.005.4%$1,132.17 ft2/$12,186.62 m2
11/17/2023Listed$18,500,000.00$1,196.87 ft2/$12,882.99 m2

Features

Property Details for , Miami Beach, FL 33139

Hotel Motel current status is Active, is a Hotel Motel in , Miami Beach, FL 33139 with property MLS ID# A11478399. This Hotel Motel has been listed on Best of Luxury Realty since November 17, 2023 and is currently priced at 16,500,000. This property was built in 1923.
SHOW MORE

Nearest Schools

Select Community

Select Another City

Miami Beach, FL Nearby Cities

South Beach
217 listings
$249,000 - $68,000,000
South Beach - SoFi
81 listings
$530,000 - $48,000,000
Mid-Beach
146 listings
$370,000 - $80,000,000
Fisher Island
6 listings
$27,995,000 - $38,000,000
Edgewater
344 listings
$288,000 - $25,000,000
Brickell Key
82 listings
$298,999 - $7,650,000

Mortgage Calculator

Property Price:
$16,500,000.00
Initial Payment:
Interest Rate:
Loan Term (in Years):
Mortgage Payment:
Get Pre-Qualified

Area Specialist

Buyer/Tenant Etiquette
Adbutler placeholder
Tracey Schmitt
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Email: tracey@bestofluxuryrealty.com
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
This property is courtesy of the One Sotheby's International Re. This listing has been viewed 20 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.