James Hotel
$21,900,000
1680 E James Ave, Miami Beach, FL 33139
20,079 sqft
Building Size
47
Units
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:
LOCATION, LOCATION , LOCATION AMAZING OPPORTUNITY TO PURCHASE THIS HISTORIC HOTEL AND DEVELOPMENT OPPORTUNITY IN MIAMI BEACH. Art Deco Hotel located in a World-Class destination in Miami Beach, the James Hotel is just steps across from one of the most beautiful beaches in the world Ocean Drive, and famous shopping street of Lincoln Road.
All 47 hotel room are renovated and equipped with double or single bed, microwave, refrigerator, individual A/C, for short or long staying vacation. A true unique opportunity to own the legendary James Hotel with its colorful atmosphere.
A phenomenal investment with a large parking area for the hotel guests, rarely available in Miami Beach.
FAR 2.75 allow exceptional opportunity for developers to build on this site.
Cap Rate is 6.33
Location

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