740 Ocean Dr | Miami Beach, FL 33139
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This Hospitality Property is no longer advertised on LoopNet.ca.
740 Ocean Dr
Miami Beach, FL 33139
Boulevard Hotel · Hospitality Property For Sale · 13,092 SF
Investment Highlights
- Acquire an oceanfront Miami Beach hotel
- Asset is cash flowing nearly $5M coming out of 2020
- Location, Location, Location! Most prominent block in Miami
- Over 10.5% cap rate on 2022 EBITDA
- Property has potential for additional building rights
- Plug and Play operation
PROPERTY FACTS
Property Type | Hospitality | Building Size | 13,092 SF |
Property Subtype | Hotel | No. Stories | 3 |
Building Class | B | Year Built/Renovated | 1950/2016 |
Lot Size | 0.15 AC | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 0.15 AC |
Building Size | 13,092 SF |
No. Stories | 3 |
Year Built/Renovated | 1950/2016 |
Corridor | Interior |
Amenities
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Links
PROPERTY TAXES
Parcel Number | 02-4203-004-0150 | Improvements Assessment | $5,348,609 |
Land Assessment | $5,637,723 | Total Assessment | $10,986,332 |
PROPERTY TAXES
Parcel Number
02-4203-004-0150
Land Assessment
$5,637,723
Improvements Assessment
$5,348,609
Total Assessment
$10,986,332
zoning
Zoning Code | 6501 (MXE; hotel and retail) |
6501 (MXE; hotel and retail) |
Listing ID: 23011708
Date on Market: 2021-05-11
Last Updated:
Address: 740 Ocean Dr, Miami Beach, FL 33139
The Hospitality Property at 740 Ocean Dr, Miami Beach, FL 33139 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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