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Up Midtown Hotel 3530 Biscayne Blvd 32 Room Hotel Miami, FL 33137 $10,000,000 ($312,500/Room) 5.45% Cap Rate

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INVESTMENT HIGHLIGHTS

Landmark corner location on Biscayne Boulevard offers exceptional visibility and branding potential in Miami’s urban core.
Currently operating as Up Midtown Hotel, delivering an immediate income stream for investors or owner-users.
High-traffic corridor ensures strong signage exposure and on-site parking for convenience and accessibility.

Strategically positioned minutes from Midtown, Design District, and Wynwood, providing unmatched connectivity to vibrant neighborhoods.
Flexible layout supports multi-family, hospitality, office, or mixed-use development with ground-floor retail possibilities.
Premier location in a rapidly growing area creates a rare opportunity for long-term value and dynamic redevelopment.

EXECUTIVE SUMMARY

The Keyes Company is pleased to present you with this rare Owner-User or Redevelopment opportunity in the heart of Miami’s urban core. Alternatively, this can be kept as an income producing Hotel in the heart of Miami’s urban core, strategically located walking distance to Midtown, Design District, and Wynwood.
This asset represents an excellent opportunity for an Owner-User given the flexible layout, strong signage visibility, branding potential, and on-site parking.
It also has the potential as a Prime Edgewater Development Site with Existing Income. Ideal for Multi-Family, Hospitality, Office, or Mixed-Use Development with ground-floor retail potential.
The property is currently operating as “Up Midtown Hotel”, which provides substantial income while working on permitting process for either turning this asset into a high-end flagship office, or working on site plan approvals for a development.

3530 Biscayne Blvd OM 110725

PROPERTY FACTS

Price	$10,000,000	Lot Size	0.33 AC
Price Per Room	$312,500	Building Size	11,608 SF
Sale Type	Investment	No. Rooms	32
Cap Rate	5.45%	No. Stories	2
Sale Condition	Redevelopment Project	Year Built	1957
Property Type	Hospitality	Parking Ratio	2.15/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T6-36a-O

Price	$10,000,000
Price Per Room	$312,500
Sale Type	Investment
Cap Rate	5.45%
Sale Condition	Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.33 AC
Building Size	11,608 SF
No. Rooms	32
No. Stories	2
Year Built	1957
Parking Ratio	2.15/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	T6-36a-O