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Selina Gold Dust 7700 Biscayne Blvd 58 Room Hotel Miami, FL 33138 $12,700,000 ($218,966/Room) 11.18% Cap Rate

Hotels Florida Miami 7700 Biscayne Blvd, Miami, FL 33138

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Investment Highlights

  • Turnkey Asset: Over $5M invested in complete renovations; minimal capital required by next owner.
  • Grandfathered Speakeasy: Cannot be replicated in the district; included in the offering.
  • Upper Midscale RevPAR: Market RevPAR is $110; potential to exceed with direct management or brand conversion.
  • Two Revenue Streams: Income from both hotel operations (leased to Active Stay MiMo) and F&B lease (Mad Radio).
  • Termination Flexibility: Both leases include 90-day termination options, allowing for operational takeover.
  • High Barrier to Entry: MiMo District is historically preserved with no new hotels under development.

Executive Summary

Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts Under Contract

Price $12,700,000 Building Size 33,541 SF
Price Per Room $218,966 No. Rooms 58
Sale Type Investment No. Stories 2
Cap Rate 11.18% Year Built 1957
Property Type Hospitality Parking Ratio 0.92/1,000 SF
Property Subtype Hotel Corridor Exterior
Building Class C
Price $12,700,000
Price Per Room $218,966
Sale Type Investment
Cap Rate 11.18%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Building Size 33,541 SF
No. Rooms 58
No. Stories 2
Year Built 1957
Parking Ratio 0.92/1,000 SF
Corridor Exterior

Amenities

  • Business Center
  • Pool
  • Restaurant
  • Spa
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Destination Resort
  • Public Access Wifi

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 58 $104.00 -

Links

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Walk Score®
Walker's Paradise (93)
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Property Taxes

Parcel Number 01-3207-040-0230 Improvements Assessment $1,591,905
Land Assessment $2,608,095 Total Assessment $4,200,000

Property Taxes

Parcel Number
01-3207-040-0230
Land Assessment
$2,608,095
Improvements Assessment
$1,591,905
Total Assessment
$4,200,000
(786) 208-4795

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 37546969

  • Date on Market: 9/4/2025

  • Last Updated:

  • Address: 7700 Biscayne Blvd, Miami, FL 33138

More public record information on 7700 Biscayne Blvd, Miami, FL 33138

The Upper East Side North Hospitality Property at 7700 Biscayne Blvd, Miami, FL 33138 is currently available. Contact Matthews Real Estate Investment Services for more information.

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Selina Gold Dust | 7700 Biscayne Blvd
(786) 208-4795 x

Selina Gold Dust | 7700 Biscayne Blvd

Mabelle Perez
(786) 208-4795

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