1680 James Ave - Hospitality FOR SALE


Miami Beach, FL 33139- City Center
$17,400,000 USD
786-564-2318
1680 James Ave, Miami Beach, FL for Sale
$17,400,000 USD
Hospitality - FOR SALE
1/78
null | Request Cap Rate

1680 James Ave
Miami Beach, FL 33139
City Center


HIGHLIGHTS

  • World-renowned Lincoln Road Hotel, close to vibrant restaurants, shops, and nightlife
  • Global Demand – Located in a globally recognized destination, which attracts millions of visitors each year, and investors
  • Fully operational boutique hotel with 47 rooms, large private parking.
  • With a FAR of 1.4 developers have an exceptional chance to expand on this prime site

OVERVIEW

Discover an unparalleled investment opportunity with the historic James Hotel in Miami Beach, a gem in the heart of a world-class destination. This Art Deco hotel is perfectly situated just steps from the stunning Ocean Drive and the renowned shopping of Lincoln Road. Each of the 47 renovated rooms is thoughtfully equipped with modern amenities, microwave, and refrigerator. A laundry room and office space complete this incredible hospitality business. The hotel's vibrant atmosphere offers a unique charm that sets it apart. rare find in Miami Beach, the property boasts a spacious parking area for guests. With a FAR of 1.4 developers have an exceptional chance to expand on this prime site. Seize the chance to own a piece of Miami Beach history while capitalizing on its promising development prospects. Motivated seller ready to proceed.

FOR SALE DETAILS

PRICE

$17,400,000 USD

PRICE/SF

$867 USD /SF

# OF ROOMS

47

PRICE/ROOM

$370,213 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

James Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1939

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

6600

APN/PARCEL ID

02-3234-019-0710

ASK ABOUT THIS PROPERTY

Roberto PecchiThe Corcoran GroupMore Info
786-564-2318

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Roberto PecchiThe Corcoran GroupMore Info
786-564-2318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.