Ocean Beach Florida Business For Sale
347 Washington Ave, Miami Beach, FL 33139

$9,000,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A10027825
  • Virtual Tour: YES
  • List Price: $13,900,000
  • Sold Price: $9,000,000
  • Taxes:$74,022
  • Listing Date:February 4, 2016
  • Sold Date: April 26, 2017
  • Days On Market:446

Description


SOBE HOTEL plus adjoining lot w/approved plans for development. Renovated Art Deco boutique hotel w/lobby cafe & 24 spa suites boasting steam showers w/multi-jet massage systems. Proposed plans will increase the room count to 41 keys w/a 44-seat restaurant, parking, & a rooftop swimming pool & sundeck. Income-producing property w/amazing upside in sought-after South of Fifth St, 2 blocks to the ocean, & steps from new, multimillion dollar developments. Exciting opportunity!

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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker