1680 E James Ave Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 20,079 sqft
Price per Sqft $1,090
MLS Listing ID A11597655
Construction Status Resale
HOA Y/N No
Year Built 1939
Annual Tax Amount $93,673
Lot Size 0.344 Acres
Acres 0.3444
Property Sub-Type Hotel/Motel
Property Description
Discover an unparalleled investment opportunity with the historic James Hotel in Miami Beach, a gem in the heart of a world-class destination.This Art Deco hotel is perfectly situated just steps from the stunning Ocean Drive and the renowned shopping of Lincoln Road. Each of the 47 renovated rooms is thoughtfully equipped with modern amenities, microwave, and refrigerator. The hotel's vibrant atmosphere offers a unique charm that sets it apart. A rare find in Miami Beach, the property boasts a spacious parking area for guests. With a FAR of 2.75 developers have an exceptional chance to expand on this prime site. The investment potential is underscored by a solid cap rate of 6.33 Seize the chance to own a piece of Miami Beach history while capitalizing on its promising development prospects
Location
State FL
County Miami-dade
Area 42
Interior
Cooling Central Air
Flooring Terrazzo,Tile
Exterior
Roof Type Other
Total Parking Spaces 20
Private Pool Yes
Building
Story 3
Sewer Public Sewer
Water Public,Well
Structure Type Block
Construction Status Resale
Others
Tax ID 02-32-34-019-0710
Ownership Corporation
Security Features Fenced,Fire Sprinkler System,Other,Smoke Detector(s)
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11597655