$12,700,000 USD
786-208-4795
7700 Biscayne Blvd
Miami, FL 33138
Upper East Side North
HIGHLIGHTS
- Turnkey Asset: Over $5M invested in complete renovations; minimal capital required by next owner.
- Two Revenue Streams: Income from both hotel operations (leased to Active Stay MiMo) and F&B lease (Mad Radio).
- Grandfathered Speakeasy: Cannot be replicated in the district; included in the offering.
- Termination Flexibility: Both leases include 90-day termination options, allowing for operational takeover.
- Upper Midscale RevPAR: Market RevPAR is $110; potential to exceed with direct management or brand conversion.
- High Barrier to Entry: MiMo District is historically preserved with no new hotels under development.
FOR SALE DETAILS
PRICE
$12,700,000 USD
PRICE/SF
$540 USD /SF
# OF ROOMS
58
PRICE/ROOM
$218,966 {currency}
CAP RATE
9.2%
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Selina Gold Dust
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1957
PARKING SPACES
31
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
01-3207-040-0230
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786-208-4795
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786-208-4795
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