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

Selina Gold Dust represents a rare acquisition opportunity in Miami’s iconic MiMo District, a tightly controlled and historically preserved area with significant barriers to new hotel development. This turnkey investment features a recently completed, comprehensive renovation with more than $5 million invested, requiring minimal additional capital to operate at a high standard.
The property offers diversified revenue streams, including income from hotel operations (leased to Active Stay MiMo) and a food and beverage lease with Mad Radio, a unique entertainment concept. A grandfathered speakeasy adds to the asset’s distinct value proposition, creating a guest experience that cannot be duplicated within the district.
Positioned along Biscayne Boulevard, the property benefits from high visibility and accessibility to Miami’s most vibrant destinations, including the Design District, Wynwood, Miami Beach, Brickell, and Miami International Airport. Both existing leases offer 90-day termination clauses, providing future ownership with the flexibility to implement direct management or reposition under an established hospitality brand to optimize revenue potential. With current market RevPAR averaging $110 in the upper midscale segment, performance upside remains achievable through operational initiatives and branding strategies.