1680 E James Ave Miami Beach, Florida

MLS#: A11597655
$21,900,000 USD
Listed By The Corcoran Group
The Hospitality Property for Sale located at Miami Beach, Florida is currently for sale. Miami Beach, Florida is listed for $21,900,000. This property has Total Parking features. If the property located at Miami Beach, Florida isn't what you're looking for, visit https://www.sheliagasson.com to see other Hospitality Properties for Sale in Miami Beach .
Date Updated : Apr 12, 2025
Property features
Key features
- Total Parking
Construction details
- Year built: 1939
Other features
- Cooling system: Central AC
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