Prime development opportunity in the heart of North Beach, Miami Beach.
| Website: | https://www.nestseekers.com/5410847 |
|---|---|
| Address: | Miami Beach, FL 33141 |
| Ownership: | For Sale |
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| Type: | Unknown |
| Lot Size: | 0.1 Acres |
Financials
Price:$11,000,000
Annual Taxes:$43,090
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11992748
Amenities
- ElectricityAvailable
- SewerAvailable
- WaterAvailable
888 Biscayne Blvd # Unit CU9 Miami, FL 33132 Phone: +1 305-203-4555 Fax: +1 305-675-0745 | |
| Listing Courtesy of Beachfront Realty Inc | |