1745 James Ave | Miami Beach, FL 33139
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- LoopNet Team
1745 James Ave
Miami Beach, FL 33139
The Sanctuary Hotel · Hospitality Property For Sale
·
21,373 SF
INVESTMENT HIGHLIGHTS
- The former Sanctuary Hotel presents a unique investment opportunity for a trophy development site in the heart of Miami Beach.
- Prime location in famous South Beach within walking distance to the beaches, Miami Beach Convention Center, Lincoln Road, and more.
- Site plan approvals with no historic preservation feature 90 guest rooms, a ground-floor restaurant, meeting rooms, and a rooftop pool.
- South Beach is the epicenter of Miami tourism, and the Miami Beach Convention Center draws over 600,000 visitors annually.
- With an opening scheduled for 2023, the hotel will open after the market has had a chance to make a substantial recovery.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 21,373 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | B | Year Built/Renovated | 2005/2025 |
| Lot Size | 0.34 AC | Parking Ratio | 0.19/1,000 SF |
| Construction Status | Demolished | Corridor | Interior |
| Zoning | 4000 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.34 AC |
| Construction Status | Demolished |
| Building Size | 21,373 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2005/2025 |
| Parking Ratio | 0.19/1,000 SF |
| Corridor | Interior |
| Zoning | 4000 |
AMENITIES
- Balcony
- Pool
- Restaurant
- Spa
- On-Site Retail
- High Speed Internet Access
- Destination Resort
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Number | 02-3234-019-0400 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,414,356 |
PROPERTY TAXES
Parcel Number
02-3234-019-0400
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,414,356
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