4251 NW 11th St, Miami, FL 33126

CONFIDENTIAL OFFERING:

• For full details/disclosures and deal room link, contact Rainier S Leon | [email protected] | 305.970.6682

Total 2025 Gross Revenue: +/- $2M with adjusted NOI at +/- $690K.

Considerable upside and value-add elements outlined below.

This 93-key hotel is generationally owned (self-managed, no flag) with established notoriety and offers both value-add and upside components.The ownership’s flexibility on transaction structuring (including share sale and potential seller financing as outlined below), make this a strategically compelling acquisition for the right hotel operator.

Situated steps from publix transit on Le Jeune Road, minutes from airport and new soccer stadium and directkly across the street from the recently annoiunced, Regency Hotel redevelopment by MG:

MG Developer plans hundreds of apartments on hotel site (Photos) - South Florida Business Journal https://share.google/gST062vxr9gPw4a2S

Value add opportunities include

• Existing 93 keys- 27 interior | 66 exterior + private 13 garages (can be converted to 13 keys for total 106 keys within existing footprint)
  • Floorplan Schematic with room sizes- https://www.dropbox.com/scl/fi/tbnlrjyrxjj74v4q34mwr/Miami_Princess_Hotel_FloorPlans.pdf?rlkey=by9xgq53v3v3x4xqncuam9hhy&st=w6od1lqy&dl=0

• Full site redevelopment avenues (conceptual renderings-
  • https://www.dropbox.com/scl/fo/1zblk0eb24wcpyz2xek3s/AAz0GciU0nzM8FievedYqZs?rlkey=5q0lf00djhhthca0fgwkal489&st=bgutw1jn&dl=0
    • Increase key count to +/- 250 keys
    • Reposition existing 93 keys to +/- 120 bed ALF
    • Reposition to multifamily
• Situated minutes from airport and new soccer stadium and directly across the street from the recently announced, Regency Hotel redevelopment by MG:
  • MG Developer plans hundreds of apartments on hotel site (Photos) - South Florida Business Journal https://share.google/gST062vxr9gPw4a2S

DEAL STRUCTURE

• Aside from outright purchase, seller prefers creative deal structures (i.e. seller financing, share sale, etc) with a minimum of $4M – $4.5M cash at closing, $500,000 annual income, a 5-year minimum hold period, and a balloon payment at maturity.
  • https://www.dropbox.com/scl/fi/g66tu0r8a5w72q8bkp71w/MiamiPrincessHotel_CombinedTermSheet-11-2025-28-1.docx?rlkey=4te9rhvyyw9na190j8r7ibh5r&st=d8l0fxe1&dl=0

KEY POINTS:

• Hotel URL- Miami Princess Hotel - ReservationDesk.com
• 4251 NW 11th Street, Miami, Florida 33126
  • Parcel Detail: Two buildings comprise the 45,344 SF 93-key hotel situated on an expansive single-folio 61K SF lot
    • 26 interior rooms (285 SF to 470 SF)
    • 67 exterior rooms (12 keys 205 SF; balance 300-375 SF)
    • 13 private garages (3 garages connect to suites above)
      • Easily convertible back to 13 keys)
      • 40-Year Recertification completed 2025
• Sale includes 4-COP (S) Liquor License and van for airport shuttle
• Financials can be shared w acceptable LOI/PSA (not considered critical in value)

LOCATION:

• SPECTACULAR LOCATION FRONTING DOLPHIN EXPRESS (97M CARS PER ANUM)
• BLOCKS DISTANCE FROM MIAMI FREEDOM PARK AND SOCCER VILLAGE https://miamifreedompark.com/

ZONING/REDEVELOPMENT POTENTIAL:

• Best uses: multifamily, hotel (ground up redevelopment +/- 250 keys), ALF (+/- 120 beds as-is modifying 2nd floor units & potential up to +/- 236 beds) and/or medical center.
  • NOTE- FAA caps vertical development at 50 feet vertical (factored into the redevelopment estimates above)
• T6-8-O-URBAN CORE ZONE
  • NOTE- FAA caps vertical development at 50 feet vertical (factored into the redevelopment estimates)

For full details/disclosures and deal room link, contact Rainier S Leon | [email protected] | 305.970.6682