Listed by Beachfront Realty, Inc. Miami Beach
$11,000,000
ATLANTIC HEIGHTS
Details
APN 02-32-11-001-0290
Property Type Land
Sub Type Commercial
NOI $210,000
Acreage 0.140
Zoning 3900
Land | 0.14 acres
Marketing description
Prime development opportunity in the heart of North Beach, Miami Beach. This 6,250 SF lot offers exceptional potential for a boutique hotel or mixed-use hospitality project in one of the city’s fastest-growing areas. Currently operating with 11 licensed hotel rooms, the property presents immediate income with significant upside through redevelopment. Proposed plans envision a 6-story, approximately 21,800 SF project with up to 48 hotel keys, rooftop amenities, and ground-floor retail or hospitality space. Ideally located just two blocks from the beach, within walking distance to Collins Avenue, dining, and entertainment. Rare opportunity to develop a design-forward hospitality asset in a high-demand tourism market with strong long-term growth.
Listing Contacts
Listed by Beachfront Realty, Inc. Miami Beach
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$210,000.00
$17,500.00/mo
Valuation Metrics
0
DSCR
1.91%
Cap Rate
1.91%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Title
Is there information that looks off?
