Log In/Sign Up
740 Ocean Dr
Miami Beach, FL 33139
Boulevard Hotel · Hospitality Property For Sale
·
43 Rooms
Investment Highlights
- Acquire an oceanfront Miami Beach hotel
- Asset is cash flowing nearly $5M coming out of 2020
- Location, Location, Location! Most prominent block in Miami
- Over 10.5% cap rate on 2022 EBITDA
- Property has potential for additional building rights
- Plug and Play operation
Property Facts
| Property Type | Hospitality | No. Rooms | 43 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1950/2016 |
| Lot Size | 0.15 AC | Corridor | Interior |
| Building Size | 13,092 SF | ||
| Zoning | 6501 - MXE; hotel and retail | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 13,092 SF |
| No. Rooms | 43 |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2016 |
| Corridor | Interior |
| Zoning | 6501 - MXE; hotel and retail |
Amenities
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $250.00 | - |
| Guest Room | 41 | $182.00 | - |
Property Taxes
| Parcel Number | 02-4203-004-0150 | Improvements Assessment | $3,800,000 |
| Land Assessment | $3,900,000 | Total Assessment | $7,700,000 |
Property Taxes
Parcel Number
02-4203-004-0150
Land Assessment
$3,900,000
Improvements Assessment
$3,800,000
Total Assessment
$7,700,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
