1343 NW 1st St - Hospitality FOR SALE


Miami, FL 33125- Little Havana
$7,500,000 USD
310-710-5080
1343 NW 1st St, Miami, FL for Sale
$7,500,000 USD
Hospitality - FOR SALE
1/14
null | Request Cap Rate

1343 NW 1st St
Miami, FL 33125
Little Havana


HIGHLIGHTS

  • Newly constructed, turnkey limited service hotel
  • 5-year lease in place with Slumber Stay, one of the fastest growing hospitality operators in the country
  • Minutes to Brickell, Downtown, Wynwood, with easy access to I-195
  • 10 On site parking Spaces
  • Close to national retailers and service providers, including Walgreens, The Home Depot, Publix, Planet Fitness, and more.

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of Metro Park Hotel located at 1343 NW 1st Street. The newly constructed limited service boutique hotel consists of 22-keys in a 24,051 SF, Class A, 4-story building on a 7,500 SF lot with parking. Slumber Stay is serving as their operator with a 5-year lease in place at $45,000/month. The common areas feature on-site parking, Wi-Fi, and an elevator. Each room is designed for comfort with cozy sofas, modern climate control, and flat-screen TVs with satellite channels. Bathrooms include separate toilets, showers, hair dryers, and bath sheets, while self-catering options like coffee and tea-making facilities add convenience. Located in West Brickell, a rapidly growing neighborhood just west of downtown Miami and south of the Miami River, offering a dynamic mix of residential, commercial, and cultural spaces, with modern condos, luxury apartments, and high-rise developments.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$617 USD /SF

# OF ROOMS

22

PRICE/ROOM

$340,909 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

22-Key Newly Constructed Class A Miami Hotel

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2023

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

T5-L

APN/PARCEL ID

01-4102-005-9180

ASK ABOUT THIS PROPERTY

George BelesisDWNTWN Realty AdvisorsMore Info
310-710-5080

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

George BelesisDWNTWN Realty AdvisorsMore Info
310-710-5080

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