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EXECUTIVE SUMMARY
Introducing a premier hospitality investment opportunity in North Miami Beach.
Priced at $340,000 per key, this 44-key boutique hotel presents a rare chance to acquire a high-demand asset in one of South Florida’s most vibrant beachside markets.
Built on a 15,000 SF lot, the property offers 17,711 SF of single-story construction, originally built in 1957. Its ideal location, just minutes from the beach and world-class dining, shopping and cultural attractions, drives consistent, year-round occupancy from both leisure and corporate travelers.
Strategically zoned for hotel use, the property is primed for a value-add repositioning. Whether through renovation or a full-scale rebranding, investors have the opportunity to elevate guest experience, increase operating efficiency and maximize returns.
With continued growth in Miami Beach’s tourism sector and strong demand for unique, boutique accommodations, this asset offers not only stable income but also significant appreciation potential in a high-barrier-to-entry market.
Priced at $340,000 per key, this 44-key boutique hotel presents a rare chance to acquire a high-demand asset in one of South Florida’s most vibrant beachside markets.
Built on a 15,000 SF lot, the property offers 17,711 SF of single-story construction, originally built in 1957. Its ideal location, just minutes from the beach and world-class dining, shopping and cultural attractions, drives consistent, year-round occupancy from both leisure and corporate travelers.
Strategically zoned for hotel use, the property is primed for a value-add repositioning. Whether through renovation or a full-scale rebranding, investors have the opportunity to elevate guest experience, increase operating efficiency and maximize returns.
With continued growth in Miami Beach’s tourism sector and strong demand for unique, boutique accommodations, this asset offers not only stable income but also significant appreciation potential in a high-barrier-to-entry market.
PROPERTY FACTS
| Price | $14,960,000 | Building Size | 17,711 SF |
| Price Per Room | $340,000 | No. Rooms | 44 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1957/2017 |
| Property Subtype | Hotel | Parking Ratio | 0.4/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 0.38 AC | ||
| Zoning | 3900 - Hotel | ||
| Price | $14,960,000 |
| Price Per Room | $340,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 17,711 SF |
| No. Rooms | 44 |
| No. Stories | 2 |
| Year Built/Renovated | 1957/2017 |
| Parking Ratio | 0.4/1,000 SF |
| Corridor | Exterior |
| Zoning | 3900 - Hotel |
AMENITIES
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 37 | $141.00 | - |
| Guest Room | 7 | $124.00 | - |
1 1
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 02-3202-003-0930 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,525,400 |
PROPERTY TAXES
Parcel Number
02-3202-003-0930
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,525,400
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Waterside Hotel | 7310 Harding Ave
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