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1816-1818 Meridian Ave
Miami Beach, FL 33139
1818 Meridian House · Hospitality Property For Sale · 28 Rooms

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.43 AC
Building Size 17,561 SF
No. Rooms 28
No. Stories 2
Year Built/Renovated 1956/2020
Parking Ratio 0.54/1,000 SF
Corridor Exterior
Zoning RM-2

AMENITIES

  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ABOUT 1816-1818 MERIDIAN AVE , MIAMI BEACH, FL 33139

Marcus and Millichap is please to present The 1818 Meridian House at south beach Miami. This property features art Deco Apartment – style hotel. The hotel Lot size is 0.42 Acres, 18,750 SF Square Feet. The hotel has 28 stylish newly renovated rooms. The hotel is located at South Miami Beach, A 3-minute stroll from the Miami Beach Botanical Garden, this stylish, low-rise hotel is also a 15-minute walk from the Bass Museum of Art and 0.7 miles from Miami Beach. 2 minutes away from Miami Convention Center. REDEVELOPMENT OPPORTUNITY This hotel redevelopment opportunity offers investors an incredible value-add investment opportunity, with the ability to add 6000 Sq. Ft as 1 more Floor to the property and at least 10-15 rooms. In addition to adding more rooms, investors could further boost room revenue and NOI by obtaining the right national select-service flag that would best fit this market. Prime location in south beach adds great value to the land and property. Only Hotel via City Ordinance directly in front of Main Entrance to the Miami Beach Convention Center overlooking the newly constructed convention center Park!!!!

  • Listing ID: 11840815

  • Date on Market: 3/7/2018

  • Last Updated:

  • Address: 1816-1818 Meridian Ave, Miami Beach, FL 33139

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