3530 Biscayne Blvd - Hospitality FOR SALE


Miami, FL 33137- Midtown Miami
$9,800,000 USD
954-893-1342
3530 Biscayne Blvd, Miami, FL for Sale
$9,800,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

3530 Biscayne Blvd
Miami, FL 33137
Midtown Miami


HIGHLIGHTS

  • Steps to Design District, Wynwood, Midtown Miami & Edgewater:
  • Minutes to major highways I-195 & I-95
  • Nearby High-Tech Companies & Class A Office

OVERVIEW

• Prime Corner with Frontage on Biscayne Boulevard • Extremely High Visibility • High daily traffic counts • Very well Maintained Building and Guest Rooms • Currently operated as "Up Midtown Hotel" with 32 guestrooms o Double Room King Bed: 13 o Double Room 2 Queen Beds: 19 o Roof is 5 Years Old o 40 Year Certification Completed 2025 • Ideal for Conversion to Boutique Hotel • On-Sight Parking (25 Spaces) • Private Garden Oasis • Perfect for Short Term Rental-Hotel Hybrid • Located in Opportunity Zone (Lower Capital Tax on Exit)

FOR SALE DETAILS

PRICE

$9,800,000 USD

PRICE/SF

$844 USD /SF

# OF ROOMS

32

PRICE/ROOM

$306,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Up Midtown Hotel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1957

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,359 SF

ZONING

T6-36a-O

APN/PARCEL ID

01-3230-005-0090

ASK ABOUT THIS PROPERTY

Ron YanksThe Keyes CompanyMore Info
954-893-1342

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Ron YanksThe Keyes CompanyMore Info
954-893-1342

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