The Oceanside Hotel offers a lucrative investment opportunity, providing a 100-key, boutique hospitality property with a prime location just off the Miami Beach waterfront.
This stunning asset comprises 45,736 square feet of quality space across four buildings, including 80 guest rooms, 20 suite rooms with kitchens, and a restaurant/bar (The Tavern) generating $2.5 million in annual revenue. The hotel attracts guests with free, high-speed Wi-Fi, complimentary beach towels, a daily happy hour, and excellent customer service with a 24/7 concierge.
The Oceanside Hotel’s fantastic location places guests near the area’s top attractions, including the Surfside Beach, the Miami Beach Boardwalk, the North Beach Bandshell, the Bayside Marketplace, the Wynwood Walls and the Miami Beach Botanical Gardens. Additionally, golf enthusiasts have easy access to the Normandy Shores Golf Course and the La Gorce Country Club.
Miami-Dade ranked as the country’s most popular destination for hotel stays during the beginning of 2024, up 3.3% from 2023. More than $21.1 billion in tourism spending was tracked, an increase of 2% year-over-year. This elevated demand for quality accommodation in the region positions the Oceanside Hotel for continued long-term success.