This property is Off-Market
7927 NW 7th Avenue
Miami, FL 33135 ·
198 Rooms · Hotel & Motel For Sale
City Inn Hotel
|Price||N/A||Property Sub-type||Full Service|
|No. Rooms||198||Property Use Type||Vacant/Owner-User|
|Building Size||107,500 SF||Lot Size||79,497 SF|
|Property Type||Hotel & Motel|
|Listing ID: 17793160||Date Created: 08/16/2012||Last Updated: 05/10/2013|
This 107,500 square foot, 10-story, 198-room iconic Miami Hotel provides a repositioning or redevelopment opportunity for a variety of uses. The property consists of 1.83 acres currently zoned BU-2, (Unincorporated Dade County - Special Business (Regional Shopping Center and Office) District), which is a commercial zoning district intended to allow a wide variety of uses. Based on the current zoning and potential to rezone the property, possible repositioning and/or redevelopment opportunities for this property include a flagged or boutique hotel, multifamily housing, assisted living facility (ALF), drug rehabilitation facility or self storage, among other uses. The ideally located City Inn is situated just off heavily traveled Interstate 95 in Miami, Florida. There is currently income from several cell towers on the roof of the property.
The City Inn Hotel is centrally located in Miami-Dade County and has excellent exposure on I-95 at 81st Street. The property is located near Miami Beach several Miami area hospitals including Jackson North Medical Center (a 382-bed facility) and Jackson Memorial Hospital (a 1,550 bed acute care facility), as well as Miami International Airport, the Miami Cruise Port, several universities, downtown Miami, and many other area businesses and attractions, provides this hotel with a diverse mix of year-round business.
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