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29200338
29200373

600 Ocean Dr, Miami Beach, FL 33139 For Sale

SG
FL 0394993
Sotheby's International Realty Miami Beach
Listed by Sotheby's International Realty Miami Beach
$25,000,000
195 days on market
Updated 68 days ago

Beach Park Hotel

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 39,739
Keys 54
Price per SqFt $629
Broker Co-Op No
Year Built 1933
Lot Size (SqFt) 16,939
Zoning MXE

Hospitality | 54 Keys

Marketing description

54-ROOM OCEAN DRIVE HOTEL WITH OWNER FINANCING

Unique opportunity to acquire an Ocean Drive hotel with owner financing. The Beach Park Hotel 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 54-room boutique hotel also features a leased restaurant and private parking. Designed by famed mediterranean-style Architect William Brown, the Beach Park is one of the original members of the Miami Beach Architectural District, and is a proud winner of the Barbara Baer Capitman Award for its unique mediterranean-style architecture, recognized for preserving historic Art Deco elements in Miami Beach's historic district. Set on a double corner lot, the hotel is ready to be updated and repositioned in this world-class beachfront destination, which attracts millions of visitors each year. Financials will not be provided.

Investment highlights

Prime Ocean Drive Frontage & Direct Beach Access – World-renowned Ocean Drive facing the beach, close to vibrant restaurants, shops, and nightlife

High Visibility & Foot Traffic – Arguably the most iconic, and highly-trafficked street in South Beach

Strong Global Demand – Located in a globally recognized destination, which attracts millions of visitors each year

Turnkey Investment – Fully operational boutique hotel with 54 rooms and a leased restaurant. Double corner lot with private parking

Flexible Zoning - Mixed-use entertainment (MXE) zoning allows for hotel, apartments, retail, restaurant and more

Listing Contacts

SG
FL 0394993
Sotheby's International Realty Miami Beach
Listed by Sotheby's International Realty Miami Beach

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Additional Information

Name
Susan Gale
License
0394993
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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