PRINCIPALS ONLY! FIRST TIME ON THE MARKET - 49-ROOM ART DECO HOTEL WITH LEASED RESTAURANT AND RETAIL Majestic South Beach boasts a prime corner location on world-renowned Ocean Drive, facing miles of white sand beach, in the heart of the historic South Beach Art Deco District. The 49-room boutique hotel also features a leased restaurant and bar as well as a retail store, providing stabilized income from two long-term tenants in place since 2008. Designed by famous Art Deco architect Albert Anis, Majestic South Beach is an irreplaceable Ocean Drive landmark. Capital improvements include new AC and elevator; restaurant and retail build out; lobby, guest room and bathroom upgrades. The building has been recertified until 2031. Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more in a world-class destination, steps from the ocean, vibrant restaurants, shops and exciting nightlife. Turnkey asset in an iconic beachfront location, which attracts millions of visitors each year.