524 Ocean Drive
Miami Beach, FL 33139

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$25,000,000
Annual Taxes:$120,421
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of One Sotheby's International Realty

OCEAN DRIVE ALL SUITES HOTEL WITH ROOFTOP SWIMMING POOLModern 22 suite oceanfront hotel with a restaurant and bar in an iconic beachfront location, which attracts millions of visitors each year.

Multi-story building featuring structural balconies, glass-paneled railings, flat roof architecture, and ground-level storefronts

Multi-story building featuring structural balconies, glass-paneled railings, flat roof architecture, and ground-level storefronts

Multi-story building featuring structural balconies, glass-paneled railings, flat roof architecture, and ground-level storefronts
Outdoor terrace featuring a concrete patio, wall-mounted exterior lighting, and integrated booth seating
Exterior facade featuring Art Deco architectural detailing, a branded canopy structure, and a street-level terrace
Polished concrete flooring, contemporary crystal chandelier, and neutral wall surfaces
Rooftop terrace featuring an in-ground swimming pool, glass paneled railings, and expansive coastal scenery
Aerial perspective of mid-rise property featuring a rooftop terrace with pool and multi-level balconies
Large-format windows, sliding glass door with access to a balcony, light-toned stone-finish tile flooring, and a flush-mount ceiling light fixture
Wood-finish flooring, floor-to-ceiling windows, flush-mount ceiling lighting, and a glass-paneled door leading to an exterior balcony
Tray ceiling with recessed lighting, polished stone flooring, and a multi-toned wood door with glass inserts
Kitchen featuring wooden cabinetry, dark countertops, and stainless steel refrigerator
Rooftop swimming pool featuring a concrete deck, metal handrails, and a glass safety partition
Curved wet bar featuring a stone-faced front, integrated shelving, mirror back-splash, overhead stemware rack, and recessed lighting
Multi-story building featuring structural balconies, glass-paneled railings, flat roof architecture, and ground-level storefrontsOutdoor terrace featuring a concrete patio, wall-mounted exterior lighting, and integrated booth seatingExterior facade featuring Art Deco architectural detailing, a branded canopy structure, and a street-level terracePolished concrete flooring, contemporary crystal chandelier, and neutral wall surfacesRooftop terrace featuring an in-ground swimming pool, glass paneled railings, and expansive coastal sceneryAerial perspective of mid-rise property featuring a rooftop terrace with pool and multi-level balconiesLarge-format windows, sliding glass door with access to a balcony, light-toned stone-finish tile flooring, and a flush-mount ceiling light fixtureWood-finish flooring, floor-to-ceiling windows, flush-mount ceiling lighting, and a glass-paneled door leading to an exterior balconyTray ceiling with recessed lighting, polished stone flooring, and a multi-toned wood door with glass insertsKitchen featuring wooden cabinetry, dark countertops, and stainless steel refrigerator

Description

OCEAN DRIVE ALL-SUITES HOTEL WITH ROOFTOP SWIMMING POOLModern 22-suite oceanfront hotel with a restaurant and bar in an iconic beachfront location, which attracts millions of visitors each year. Built in 1993, The Fritz Hotel offers 15 one and two-bedroom suites – all with kitchenettes and some with balconies, as well as 7 studios. The hotel boasts a rooftop swimming pool and sun deck overlooking Lummus Park and endless ocean views. The property is offered fee simple.

Amenities

  • Balcony
  • Elevators
  • Fire Sprinkler System
  • Lobby
  • Lounge
  • Pool
  • Restaurant

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.