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1418 Ocean Dr
Miami Beach, FL 33139 Lummus Park

Price Upon Request

Hotel For Sale  •  14,558 SF

Property Details

  • Property Type Hotel
  • Total Building Size 14,558 SF
  • Lot Size 0.15 AC
  • Building Class B
  • Year Built 1948
  • Tenancy Multiple
  • Zoning MXE, Miami Beach
58 Transit Score
96 Walk Score

Highlights

Premier Location – Prime Ocean Drive and Collins Avenue locations by the beach, close to vibrant restaurants, shops, and nightlife.
High Visibility & Foot Traffic – With an Ocean Drive presence and over 140 feet on Collins Avenue (A1A) in a high-demand area.
Strong Global Demand – Located in a globally recognized destination, which attracts millions of visitors each year.
Turnkey Investment – Fully operational, income-producing boutique hotels with 159 rooms and 2 liquor licenses.
Unencumbered Opportunity - Unencumbered by brand or management, offering potential for repositioning, branding, or value-add enhancements to maximiz
Flexible Zoning - Mixed-use entertainment (MXE) zoning allows for hotel, retail, restaurant and more.

Amenities

  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
12 min - 5.6 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 13 min - 5.7 mi
AirportDriveWalkDistance
Miami International 30 min - 15.8 mi
Fort Lauderdale/Hollywood International 42 min - 27.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Susan Gale 305-695-4253 One Sotheby's International
Susan Gale 305-695-4253 One Sotheby's International