Basic Information
- MLS # A11597655
- Type Hotel
- Year Built 1939
- Total Sqft 15,000
- Date Listed 05/30/2024
- Days on Market 355
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 7.0 Seize the chance to own a piece of Miami Beach history while capitalizing on its promising development prospects.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description Common, Free Parking, Guest
Interior Features
- Adjusted Sqft 15,000Sq.Ft
- Sqft 15,000 Sq.Ft
Property Features
- Aprox. Lot Size 15,000
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $93,673
- Tax Year 0
1680 E James Ave
Miami Beach, FL 33139The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Corcoran Group. tel: 305-395-4982
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