Property Description
Historic 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
Features
: Central Building A/c, Central Individual A/c
: 20
: Office, Elevator, Lobby, County Licenses, City Licenses, Central Tv Antenna, Occupational Licenses
: 3 Phase Electric, 110 Volts Power
: Tile, Terrazzo
: Guest, Common, Free Parking
: Other
: Smoke Alarm, Fire Sprinkler System, Other Fire Protection, Security Fence
: Public Sanitation
Address Map
FL
Miami-Dade County
Miami Beach
33139
1680 E James Ave
James Hotel
0
W81° 52' 8''
N25° 47' 31.1''
MLS Addon
: Cbs Construction
285
: Building & Land
: All Cash, Conventional/refinance
: Central Tv Antenna
: Sale
3
: Hotel
$93,673
: Well, Public
6600
Commercial Sale For Sale
1680 E James Ave, Miami Beach, Florida 33139
15,000 Sqft
$21,900,000
Listing ID #A11597655
Basic Details
Property Type : Commercial Sale
Property SubType : Hotel/motel
Listing Type : For Sale
Listing ID : A11597655
Price : $21,900,000
Year Built : 1939
Lot Area : 15,000 Sqft
Building Area : 20,079 Sqft
Status : Active
