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7700 Biscayne Blvd
Miami, FL 33138 Upper East Side North

$12,700,000 USD

Hotel For Sale  •  33,541 SF

Property Details

  • Property Type Hotel
  • Total Building Size 33,541 SF
  • Building Class C
  • Year Built 1957
  • Tenancy Multiple
52 Transit Score
93 Walk Score

Highlights

Turnkey Asset: Over $5M invested in complete renovations; minimal capital required by next owner.
Two Revenue Streams: Income from both hotel operations (leased to Active Stay MiMo) and F&B lease (Mad Radio).
Grandfathered Speakeasy: Cannot be replicated in the district; included in the offering.
Termination Flexibility: Both leases include 90-day termination options, allowing for operational takeover.
Upper Midscale RevPAR: Market RevPAR is $110; potential to exceed with direct management or brand conversion.
High Barrier to Entry: MiMo District is historically preserved with no new hotels under development.

Amenities

  • Business Center
  • Pool
  • Restaurant
  • Spa
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Destination Resort
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
Allapattah (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 10 min - 4.7 mi
Dr. Martin Luther King Jr. Plaza (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 9 min - 4.7 mi
AirportDriveWalkDistance
Miami International 25 min - 12.0 mi
Fort Lauderdale/Hollywood International 29 min - 19.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 31
Type: Surface
Included in Rent: Yes
Mabelle Perez 786-208-4795 Matthews Real Estate Investment Services
Mabelle Perez 786-208-4795 Matthews Real Estate Investment Services