James Hotel
$21,900,000
1680 E James Ave, Miami Beach, FL 33139
20,079 sqft
Building Size
47
Keys
Details:
Highlights:
- Building Features: Central Tv Antenna, City Licenses, County Licenses, Elevator, Lobby, Occupational Licenses, Office
- Number Of Buildings: 1
- Documents Available: Aerial Photo(S), Appraisal, Deed, Financial Statement, Photos
- Cooling: Central Building A/C, Central Individual A/C
- Electric: 110 Volts Power, 3 Phase Electric
- Flooring: Terrazzo, Tile
- Construction Materials: CBS Construction
- Parking Features: Common, Free Parking, Guest
- Security Features: Other Fire Protection, Smoke Alarm, Fire Sprinkler System, Security Fence
- Ownership: Corporation
Description:
Discover an unparalleled investment opportunity with the historic James Hotel in Miami Beach, a gem in the heart of a world-class destination.This Art Deco hotel is perfectly situated just steps from the stunning Ocean Drive and the renowned shopping of Lincoln Road. Each of the 47 renovated rooms is thoughtfully equipped with modern amenities, microwave, and refrigerator. The hotel's vibrant atmosphere offers a unique charm that sets it apart. A rare find in Miami Beach, the property boasts a spacious parking area for guests. With a FAR of 2.75 developers have an exceptional chance to expand on this prime site. The investment potential is underscored by a solid cap rate of 6.33 Seize the chance to own a piece of Miami Beach history while capitalizing on its promising development prospects
Location
Gallery
