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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

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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

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 -
Walk Score®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-3207-040-0230
Land Assessment
$2,608,095
Improvements Assessment
$1,591,905
Total Assessment
$4,200,000
  • Listing ID: 37546969

  • Date on Market: 9/4/2025

  • Last Updated:

  • Address: 7700 Biscayne Blvd, Miami, FL 33138

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