This is a historic luxury boutique hotel & restaurant for sale, in the heart of the Art Deco District in South Beach. Extensive luxury renovations were done completed in 2017 best in class finishes, amenities, and designs. There is no deferred maintenance which is a rarity in Miami Beach's lodging industry. Full details of the hotel will be provided after a non disclosure agreement is in place. Net operating income income was 1.2M in 2024. LOCATION OVERVIEW The Hotel is centrally located on ocean drive in the Art Deco Historic District. Its close proximity to the beach, retail and restaurants and historic landmarks, make this Hotel the ultimate getaway for a wide variety of travelers. The hotel offers close proximity to to all of South Beach's primary demand generators including popular nightspots, shopping and celebrity-chef eatieries. ➢ Over 100 restaurants and bars within walking distance and 20 restaurants two blocks from the Property. ➢ South Beach’s largest retail and entertainment destination, Lincoln Road Mall, is less than a mile north of the Hotel, providing a range of dining and shopping options, as well as a movie theater/IMAX. ➢ The Art Deco Historic District, stretching from 5th Street to 23rd Street, contains a variety of architectural styles and offers visitors viewing access to over 800 historic buildings erected during the 1920s, 30s and 40s. Features: - Air Conditioning - Concierge - Furnished - Alarm - Fitness Center
