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1320 Ocean Dr, Miami Beach, Florida 33139
11
MLS# A10618359

1320 Ocean Dr ,
Miami Beach, Florida 33139
$26,000,000
Sq.Ft: 16,928 PSF: $1,535.92 Type: Commercial/Investment

South Beach – Trophy 46-room Art Deco hotel with restaurant/bar and 4COP liquor license across from the ocean on world-renowned Ocean Drive. Designed by architect Roy F. France in 1936, the Cavalier Hotel is an irreplaceable historic masterpiece and a beautiful Ocean Drive landmark. Recently reopened after extensive renovations, this oceanfront gem offers new luxuriously appointed guestrooms and interior spaces, while maintaining its exquisite Art-Deco façade. Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more in a world-class destination. The property is offered fee simple and unencumbered by brand and management, affording a new owner maximum flexibility in an iconic beachfront location, which attracts millions of visitors each year.

0 DAYS ON MARKET: 43 LISTING DATE:
03/08/2019
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1000 17th St, Miami Beach, Florida 33139
18
MLS# A10363446

1000 17th St ,
Miami Beach, Florida 33139
$25,000,000
Sq.Ft: 8,000 PSF: $3,125.00 Type: Commercial/Investment

Ultra-Modern Free-Standing RETAIL/COMMERCIAL BUILDING in South Beach's "LINCOLN ROAD DISTRICT". 3-STORIES. Designed by Arquitectonica. Same block as The Gap, Pottery Barn, Williams-Sonoma. Zoned CD-3 Commercial High Intensity. Folio #02-3234-004-0770. 1st & 2nd Floors are Vacant. 3rd Floor Tenant is national (international) retailer SuitSupply. Ceilings Concrete 15.5' - 15.6'. Floor Concrete. Windows Hurricane Impact. Two 1,200 Gallon Grease Traps. Concrete Chases. Air-Condition Trash Room. Interior Service Stairs. Interior Freight Elevator. Main Elevator with Elevator Lobby. Main Exposed Staircase on Michigan Av. A/C Units Roof Top. FLOOR 1: 6,812SF. FLOOR 2: 7,068SF + 374SF BALCONY. FLOOR 3: 4,469SF + 2,553SF BALCONY. Floor Plates 140x50. Lot 160x50. See Attached.

0 DAYS ON MARKET: 540 LISTING DATE:
10/27/2017
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65-75 Washington Ave, Miami Beach, Florida 33139
3
MLS# A10475827

65-75 Washington Ave ,
Miami Beach, Florida 33139
$12,500,000 $14,000,000
Type: Commercial/Investment

The units are individually owned under a Condominium form of ownership. Upon the closing of the purchase, the new owners would collapse the condominium and operate it either as a hotel or as a short term rental asset. Short term rentals are allowed under the current zoning. They are currently prohibited by the Condo Bylaws. The zoning allows for many uses, retail, hospitality, apartments, and hotel are the uses allowed “as of right” per the current zoning. The property was built in 1960 and is considered historical as It is a Mid-Modern architecture. The zoning allows for up to 5 stories but the façade of the building would have to be restored as is. Current rent troll is not relevant since there are elderly homeowners that own their property out right.

10.7% DECREASE
(-$1,500,000)
DAYS ON MARKET: 330 LISTING DATE:
05/25/2018
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2101 Normandy Drive, Miami Beach, Florida 33141
32
MLS# A10555965

2101 Normandy Drive ,
Miami Beach, Florida 33141
$11,000,000
Sq.Ft: 33,620 PSF: $327.19 Type: Commercial/Investment

This impressive opportunity with 49 apartment units under one roof and 28 on-site parking spaces, is the most desirable investment available in Miami Beach. Residents enjoy the proximity to the beach and parks. Amenities like a private pool, abundant balconies, plentiful parking, huge closets and on-site laundry keep tenants happy while they appreciate the MiMo building architecture. Strong rental demand and stable cash flow, as well as the planned neighborhood public and private developments, make this investment exceptionally attractive. The 49 oversized units are 51% larger than the average Normandy Isle apartment. Priced well below market average at only $241.69/sqft, this is a high-performing asset demanding premium pricing and showing high occupancy year over year.

0 DAYS ON MARKET: 171 LISTING DATE:
10/31/2018
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1255 WEST AV, Miami Beach, Florida 33139
39
MLS# A10497662

1255 WEST AV ,
Miami Beach, Florida 33139
$8,990,000 $9,990,000
Type: Commercial/Investment

BIKINI HOSTEL, CAFE & BEER GARDEN HOTEL PROFITABLY OPERATING FOR OVER 7 YEARS, WITHIN 11,200 SQ. FT, 35 ROOMS, OVER 200 BEDS, RESTAURANT/BAR WITH 188 CAPACITY, 90 FOOD SERVICE SEATS & 5AM ALCOHOL LICENSE. SITS ON 17,250 SQ. FT. OF LAND THAT HAS DEVELOPMENT RIGHTS TO DEMOLISH THE EXISTING OPERATION AND BUILD THE LAST GROUND UP OPPORTUNITY ALLOWED OF A NEW HOTEL ON WEST AVE. RECENT ORDINANCE RESTRICTS OTHERS FROM DEVELOPMENT IN THE FUTURE. PRIOR PLANS HAD DESIGN REVIEW BOARD, VARIANCE, & ENTITLEMENT APPROVALS FOR: UP TO 6 STORIES, 34,500 SQ. FT, 66 ROOMS WITH RETAIL, RESTAURANT/LOUNGE TO 5:00AM ALCOHOL LICENSE, VENUE SPACE FOR SPECIAL EVENTS AND ROOFTOP POOL & CABANAS OR WITH 5 ROOMS LESS, AN INDOOR NIGHT CLUB/BAR. SELLER WILL CONSIDER FOR HALF THE LIST PRICE A 50% JOINT VENTURE.

10.0% DECREASE
(-$1,000,000)
DAYS ON MARKET: 287 LISTING DATE:
07/07/2018
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1350 Collins Ave, Miami Beach, Florida 33139
1
MLS# A10592366

1350 Collins Ave ,
Miami Beach, Florida 33139
$8,950,000
Sq.Ft: 7,000 PSF: $1,278.57 Type: Commercial/Investment

Located on the world-famous Collins Avenue in Miami's South Beach, the Orchid House is a boutique hotel in the heart of the Art Deco Historic District. It is just steps form the beach, designer boutiques, top restaurants, museums and nightlife. A wrought-iron entry gate opens into a corridor lined with orchids It was designed in the Mediterranean style in 1931 by the late Wallace Tutt, famed architect of the Versace Casa Casuarina on Ocean Drive. Situated on a gated 7,000 SF lot, a 5,188 SF hotel distributed among three buildings offering five furnished guest suites. A large, open courtyard, covered pool, dining room, billiard room and professional European-style kitchen. A one bedroom apartments is situated above the garage currently being used as an office.

0 DAYS ON MARKET: 108 LISTING DATE:
01/02/2019
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440 14th St, Miami Beach, Florida 33139
27
MLS# A10621964

440 14th St ,
Miami Beach, Florida 33139
$8,850,000 $9,450,000
Type: Commercial/Investment

Drexel Suites South Beach consists of two buildings; 440 14th Street is comprised of 8 two-bedroom Suites and 1355-57 Drexel Avenue comprises 4 two-bedroom Suites and 6 one-bedroom Suites. The Hotel lies in a CD-2 (Commercial- Medium Intensity) zoning district which allows for hotels as a main permitted use. The property has been fully upgraded with new impact windows and doors, a fire suppression and fire alarm system, new kitchens and baths, finishes, furnishings, hardscape, landscape, and is fully ADA compliant. The property is appropriately licensed as a Suite Hotel and is fully operational. Suite Hotels have quickly become the “go-to” destinations for vacationers, business travelers, and those seeking a non-traditional hotel experience. PLEASE SEE ATTACHED OM FOR FULL INFORMATION

6.3% DECREASE
(-$600,000)
DAYS ON MARKET: 59 LISTING DATE:
02/20/2019
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412 Ocean Dr, Miami Beach, Florida 33139
4
MLS# A10612276

412 Ocean Dr ,
Miami Beach, Florida 33139
$8,000,000
Sq.Ft: 5,750 PSF: $1,391.30 Type: Commercial/Investment

This property is suited as a multi-generational purchase for the long-term investor. Such an investor will recap enormous rewards by acquiring this prime three parcel Ocean Drive Property on World Famous South Beach. Recent sales of vacant land on Ocean Drive are over $1,000 per square foot. The Property consists of a renovated 23 unit apartment building & two adjacent parcels of land which are currently used as a parking lot. The total size is 17,250 square feet. Of the total, 11,500 square feel is vacant land. This will permit significant development without the historical constraints on redevelopment of existing Ocean Drive buildings. There is a lease with the current tenants, paying a nominant rent, that expires in 26 years.

0 DAYS ON MARKET: 75 LISTING DATE:
02/04/2019
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1415 Collins Ave, Miami Beach, Florida 33139
14
MLS# A10569127

1415 Collins Ave ,
Miami Beach, Florida 33139
$7,500,000
Sq.Ft: 7,980 PSF: $939.85 Type: Commercial/Investment

SOUTH BEACH 17-suite Villa Paradiso - Lowest priced hotel on Collins Avenue! Licensed and operating hotel, offering 3 one-bedroom suites and 14 spacious studio suites - all with full kitchens and separate dining rooms, plus an additional unit used as a manager’s apartment. Lush courtyard setting less than a block from Ocean Drive and the beach. Ideal for short-term rentals including AirBnB and more. All-suites hotel with upside in the heart of the South Beach Art Deco hotel district. Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more in a world-class destination. Maximum height 50 feet (5 stories); FAR 2.0. Building recertified to 2025.

0 DAYS ON MARKET: 162 LISTING DATE:
11/09/2018
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530 11th St, Miami Beach, Florida 33139
17
MLS# A10398096

530 11th St ,
Miami Beach, Florida 33139
$6,950,000 $8,950,000
Sq.Ft: 6,812 PSF: $1,020.26 Type: Commercial/Investment

SOUTH BEACH- Iconic regal 2-story Trophy office building with over 6,800 SF of flexible space in a prime corner location across from the Miami Beach Police & Court Facility. Beautifully renovated Regal Executive Center with new lobby by the award-winning design firm, Edge of Architecture. This unique office building is adjacent to the new landmark 181-room Washington Park Hotel with its tropical garden setting along Washington Ave. Residential office zoning. Ideal for legal offices next to the Court or for an architect or high-end creative professional in a world-class location. Or create your own live/work space in the heart of exciting South Beach.

22.3% DECREASE
(-$2,000,000)
DAYS ON MARKET: 465 LISTING DATE:
01/10/2018
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221 Collins Ave, Miami Beach, Florida 33139
26
MLS# A10558033

221 Collins Ave ,
Miami Beach, Florida 33139
$6,886,000
Type: Commercial/Investment

Worldwide Properties is s proud to present The Royal at the highly coveted South of Fifth neighborhood of South Beach! A plethora of World-renown dining is just steps away, in addition to the sand and the Atlantic Ocean! The Mission Style Architecture building is comprised of 11 apartment units and includes approved plans to convert into a vacation rental / extended stay with cafe and retail, or may convert to other allowed commercial use including multifamily apartment rental. Loads of charming architectural features, hard wood floors, and some units are already highly upgraded. MUST SEE OPPORTUNITY IN A TRIPLE AAA LOCATION. Trophy asset.

0 DAYS ON MARKET: 183 LISTING DATE:
10/19/2018
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1525 Bay Rd, Miami Beach, Florida 33139
12
MLS# A10588141

1525 Bay Rd ,
Miami Beach, Florida 33139
$6,600,000
Sq.Ft: 9,965 PSF: $662.32 Type: Commercial/Investment

SOUTH BEACH - Unique income-producing residence or trophy investment property near Lincoln Road. Rare opportunity to acquire a brand new luxury boutique building offering three modern 3-level, 3 bed/3.5 bath townhomes. This is a flood-proof elevated building with impact glass throughout. Each private residence has its own elevator, garage parking for two cars, private rooftop terrace and pool. The Treehouse Residences boast luxurious finishes throughout commanding premium rental income - up to $15K per month. Porcelain floors, Bosch kitchen appliances, 11Ft high ceilings, and more. Prime corner location close to world-class shops and restaurants. Great income-producing residence or investment property for 1031 tax exchange.

0 DAYS ON MARKET: 123 LISTING DATE:
12/18/2018
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1321 15th St, Miami Beach, Florida 33139
34
MLS# A10621392

1321 15th St ,
Miami Beach, Florida 33139
$6,550,000
Type: Commercial/Investment

Keyes Commercial Realty is proud to exclusively represent the Miami Suites South Beach at 1321 15th Street in the heart of South Beach's trendy West Avenue neighborhood. A recently completed and extensive renovation provides exceptional guest comfort and style in a charming residential setting. Comprised of eight 2-Bedroom and 6 One-Bedroom Suites the hotel sleeps a total of 72 guests. Daily rentals and OTAs are permitted with AirBnB, Bookings, Expedia etc. The Miami Suites South Beach has been fully upgraded with new impact windows & doors, a fire suppression & fire alarm system, new kitchens & baths, floor & wall finishes, and new MEP & landscape. It is fully ADA compliant, appropriately licensed as a Suite Hotel, and is fully operational. SEE ATTACHED OM FOR COMPLETE INFORMATION

0 DAYS ON MARKET: 60 LISTING DATE:
02/19/2019
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1611 LENOX AV, Miami Beach, Florida 33139
17
MLS# A10628655

1611 LENOX AV ,
Miami Beach, Florida 33139
$6,395,000 $6,500,000
Sq.Ft: 8,000 PSF: $799.38 Type: Commercial/Investment

SOUTH BEACH – off LINCOLN ROAD. Gated property offering 9 furnished suites (8 jr. one-bed suites + 1 two-bed unit) with kitchens, currently used for short-term vacation rentals. Conveniently located steps to Lincoln Road’s world-class shops and restaurants. Renovated building with central air, hardwood floors, flat screen TV’s and more. Lush and private front garden and backyard with room for a pool. Sale includes adjacent parking lot, 1615 Lenox Ave, which can be used for new construction. Great development opportunity with RM 1 multifamily zoning.

1.6% DECREASE
(-$105,000)
DAYS ON MARKET: 50 LISTING DATE:
03/01/2019
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7825 - 7859 Crespi Blvd, Miami Beach, Florida 33141
21
MLS# A10555405

7825 - 7859 Crespi Blvd ,
Miami Beach, Florida 33141
$6,000,000
Sq.Ft: 25,875 PSF: $231.88 Type: Commercial/Investment

The Crespi Apts offers the perfect blend of water and park front living in Miami Beach. With 225 linear feet, this property features 4 continuous lots of MiMo buildings on a 25,875 sqft lot with a mix one, two, & three bedroom units. The Crespi is surrounded by prestigious single family neighborhoods, & walkable to the beach, Town Center, North Beach Yard, public & private schools, as well as several parks, & the North Beach Bandshell. With a total of 20 units, these highly desirable apts average 1122 sqft - almost double the size in the neighborhood - providing strong rental demand & low vacancy. This once in a lifetime opportunity gives an investor steady income year after year. This is the largest and most desirable investment property available in Miami Beach today.

0 DAYS ON MARKET: 186 LISTING DATE:
10/16/2018
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1201 NE 83rd St, Miami Beach, Florida 33138
67
MLS# A10637278

1201 NE 83rd St ,
Miami Beach, Florida 33138
$5,450,000
Sq.Ft: 25,060 PSF: $217.48 Type: Commercial/Investment

Magic waterfront Mansion with a combination of contemporary and Mediterranean style.Open plan living spaces with idyllic transitions to expansive outdoor living areas. Overlooks 140 feet of waterfront views new seawall, Boat lift for 20,000 pds, next to open bay with ocean access.BBQ area w/summer kitchen & waterside pool & cabana.25 ft ceilings, movie theater,1,000 sf Master suite,Open gourmet kitchen w/double appliances w/bar.This mansion offers over 12,000 Sqft of luxury living.10 Bedrooms/9 bath and a stunning 2 bed/1 bath separated cottage used as a guest/ Staff house+ Cabana .2-Story,4 car garage.CLOSE TO BAL HARBOUR ,SOBE, MIAMI BEACH ,MIMO, WYNWOOD, MIDTOWN, AIRPORTS, SHOPPING. Allowed for short term- rentals and produce an income of $400K Net a Year.Seller financing available .

0 DAYS ON MARKET: 30 LISTING DATE:
03/21/2019
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1940 Biarritz Dr, Miami Beach, Florida 33141
2
MLS# A10390980

1940 Biarritz Dr ,
Miami Beach, Florida 33141
$5,000,000 $5,250,000
Sq.Ft: 18,750 PSF: $266.67 Type: Commercial/Investment

Completely renovated 24 unit building with gated entry, beautiful pool area and assigned parking. Located in the highly desirable Normandy section of Miami Beach. Great unit breakdown with 6 (2 bed/2 bath), 17 (1 bed/1 bath), and one studio. Updated spacious units featuring new kitchens, baths, central air conditioning, new flooring, and impact windows...Within close proximity to shops, restaurants and the beach.

4.8% DECREASE
(-$250,000)
DAYS ON MARKET: 485 LISTING DATE:
12/21/2017
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1545 Meridian Ave, Miami Beach, Florida 33139
26
MLS# A10592932

1545 Meridian Ave ,
Miami Beach, Florida 33139
$4,800,000
Sq.Ft: 7,500 PSF: $640.00 Type: Commercial/Investment

The Meridian House offers the Investor, Developer, or Connoisseur the rare opportunity to own the ultimate Private Villa in South Beach - Playground to the rich and famous and the world’s entertainment mecca. Meridian House has been operating as an income generating business - B&B Inn, Event Space, and Luxury Getaway since 2012 with a High Cap Rate. The property’s unbelievable location, extraordinary level of finish and impressive income stream make this a once-in-a-lifetime opportunity. As home to the current owner for 15 years a staggering amount of love and care have gone into making this a one-of-a-kind showpiece. Pride of place is evident in every aspect of this luxurious home.

0 DAYS ON MARKET: 106 LISTING DATE:
01/04/2019
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934 Marseille Dr, Miami Beach, Florida 33141
23
MLS# A10628653

934 Marseille Dr ,
Miami Beach, Florida 33141
$4,750,000
Type: Commercial/Investment

0 DAYS ON MARKET: 51 LISTING DATE:
02/28/2019
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6945 Abbott Ave, Miami Beach, Florida 33141
12
MLS# A10461825

6945 Abbott Ave ,
Miami Beach, Florida 33141
$4,700,000
Sq.Ft: 6,150 PSF: $764.23 Type: Commercial/Investment

Boutique Hotel in Miami Beach,Prime Location(A1A Rd),REMODELED (impact windows,plumbing,electrical,A/C,fire alarm,security cameras).Successful business since 2012.Center of North Beach,2 min from the beach,supermarket,restaurants,shopping.Can add 12 extra Rooms.SELLING PRICE includes:Real Estate,6year business(value of 1.2M)(business can be sold/leased separately),City/State Hotel Licenses,Excellent customer reviews,Website,Domain and US Trademark.All Rooms are furnished and equipped with modern kitchen,appliances.With welcome lobby,front desk,seating area,office,breakfast area,private garden w/ tropical landscaping,laundry facility,storage. RARE OPPORTUNITY:Turn-In Key 12%CAP rate.Qualified for VISA/GREEN CARD.Easy transfer.Low Real Estate Tax.Strong potential to grow NOI.SERIOUS INQUIRY.

0 DAYS ON MARKET: 339 LISTING DATE:
05/16/2018
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