1680 James Ave - Hospitality FOR SALE


Miami Beach, FL 33139
$21,900,000 USD
786-564-2318
1680 James Ave, Miami Beach, FL for Sale
$21,900,000 USD
Hospitality - FOR SALE
1/56
null | 5.72% Cap Rate

1680 James Ave
Miami Beach, FL 33139


HIGHLIGHTS

  • Access to Public Transportation
  • High traffic community
  • Next to Soundscape Park
  • Minutes from Beach Front

OVERVIEW

Historic Art Deco Hotel located in a World-Class destination in Miami Beach in Commercial High Intensity Zoning (CD3), the James Hotel is just steps across from one of the most beautiful beaches in the world Ocean Drive, and famous shopping street of Lincoln Road. All 47 hotel room are renovated and equipped with double or single bed, microwave, refrigerator, individual A/C, for short or long staying vacation. A true unique opportunity to own the legendary James Hotel with its colorful atmosphere. A phenomenal investment with a large parking area for the hotel guests, rarely available in Miami Beach. FAR 2.75 allow exceptional opportunity for developers to build on this site.

FOR SALE DETAILS

PRICE

$21,900,000 USD

PRICE/SF

$1,091 USD /SF

# OF ROOMS

47

PRICE/ROOM

$465,957 {currency}

CAP RATE

5.72%

TENANCY

Multiple

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 Policy.