The Sixty80 Design Hotel in Miami Beach presents a compelling investment opportunity. With its 70 luxurious rooms spread across six stories, this condo hotel offers a unique blend of ownership options.
This offer is to acquire 34 hotel units + 61 parking spaces & storage, plus retail space leased to Starbucks and an office.
The Management Program covers both aspects of the property, ensuring a streamlined operation for investors.
(We are potentially selling the entire property, currently working with condo owners to be able to offer the entire 70-keys hotel).
One of the standout features is the inclusion of in-house Starbucks store, providing a recognizable brand presence and potentially enhancing revenue streams. The ten-year licensing agreement adds stability to this aspect of the investment.
Additionally, ownership of the underlying land adds intrinsic value and control over the property's long-term development potential. The dedicated parking space further enhances convenience for guests, adding to the overall appeal of the investment. The variety of accommodations, from suites to penthouses, caters to diverse guest preferences, while the captivating interior design and private terraces offer a luxurious experience.
Situated in a premium location with limited hotel development opportunities permitted in the area, the Sixty80 Design Hotel stands out as an exceptional investment choice in the vibrant city of Miami Beach.