For Sale
$8,250,000

511 16Th StMiami Beach, FL 33139

Prime Miami Beach Hotel, 2 Buildings

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 2-building hotel, completed in 2024, presents a lucrative investment opportunity in the heart of Miami Beach. Located at 511 16th Street, this ADA-compliant property boasts a prime location just steps from the iconic Lincoln Road Mall. Enjoy easy access to South Beach's vibrant attractions, including the beach, Ocean Drive, Flamingo Park, Espanola Way, and the renovated Convention Center. The property's proximity to world-class dining, shopping, and cultural experiences ensures high occupancy rates. Currently operating as a fully licensed short-term rental, this asset offers immediate income potential. The two buildings are two stories each, providing ample space for guests. The asking price for this remarkable hospitality investment is $8,250,000. This unique opportunity combines the allure of South Beach with the convenience of a fully operational, high-demand hotel. Detailed financial information is available upon request. Don't miss this chance to own a piece of Miami Beach's thriving hospitality market. This property is perfectly positioned to capitalize on the area's consistent tourism and strong rental demand. The property's operational status and existing licenses streamline the acquisition process, making it an attractive investment for experienced hospitality investors.

Highlights

  • New 2024 construction, two-story, ADA-compliant hotel in prime Miami Beach location.
  • $8,250,000 asking price.
  • Steps from Lincoln Road Mall, near South Beach attractions.
  • Fully licensed and operational short-term rental, offering immediate income.
  • High occupancy potential due to location and strong rental demand.

Property Details for 511 16Th St

Property type
Hospitality properties, Hotels
Year Built
2024
Buildings
2
Stories
2

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.7892577
Longitude
-80.1333538
511 16Th St, Miami Beach, Florida

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511 16Th St
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