LOCATION, LOCATION , LOCATION AMAZING OPPORTUNITY TO PURCHASE THIS HISTORIC HOTEL AND DEVELOPMENT OPPORTUNITY IN MIAMI BEACH. Art Deco Hotel located in a World-Class destination in Miami Beach, the James Hotel is just steps across from one of the most beautiful beaches in the world Ocean Drive, and famous shopping street of Lincoln Road.
All 47 hotel room are renovated and equipped with double or single bed, microwave, refrigerator, individual A/C, for short or long staying vacation. A true unique opportunity to own the legendary James Hotel with its colorful atmosphere.
A phenomenal investment with a large parking area for the hotel guests, rarely available in Miami Beach.
FAR 2.75 allow exceptional opportunity for developers to build on this site.
Cap Rate is 6.33
All 47 hotel room are renovated and equipped with double or single bed, microwave, refrigerator, individual A/C, for short or long staying vacation. A true unique opportunity to own the legendary James Hotel with its colorful atmosphere.
A phenomenal investment with a large parking area for the hotel guests, rarely available in Miami Beach.
FAR 2.75 allow exceptional opportunity for developers to build on this site.
Cap Rate is 6.33
Property Details
Price:
$21,900,000
MLS #:
A11597655
Status:
Active
Beds:
0
Baths:
0
Address:
1680 E James Ave
Type:
Commercial
Subtype:
Hotel/Motel
City:
Miami Beach
Listed Date:
May 29, 2024
State:
FL
Finished Sq Ft:
20,079
Total Sq Ft:
20,079
ZIP:
33139
Lot Size:
15,000 sqft / 0.34 acres (approx)
Year Built:
1939
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Building A/ C, Central Individual A/ C
Flooring
Terrazzo, Tile
Exterior
Construction Materials
C B S Construction
Parking Features
Common, Free Parking, Guest
Parking Spots
20
Roof
Other
Security Features
Other Fire Protection, Smoke Alarm, Fire Sprinkler System, Security Fence
Financial
Taxes
$93,673
Map
Community
- Address1680 E James Ave Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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1680 E James Ave
Miami Beach, FL
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