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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



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
License # CQ1066435 (FL)
Matthews Real Estate Investment Services
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
| 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/Renovated | 1957/2020 |
| 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/Renovated | 1957/2020 |
| 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 | - |
1 1
Walk Score®
Walker's Paradise (93)
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
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Selina Gold Dust | 7700 Biscayne Blvd
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