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Investment Opportunity

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600 Ocean Dr
Miami Beach, FL, 33139
$50,000,000
Beds
0 Baths
30,739 SqFt
0 Acres
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$50,000,000
600 Ocean Dr
Miami Beach, FL, 33139
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Project Description

Nestled in the heart of Miami Beach’s vibrant South Beach, just a stone’s throw away from the iconic Ocean Drive and its breathtaking white sand beach, sits the historic Beach Paradise Hotel. Dating back to the glamorous 1930s Art Deco era, this timeless gem has been thoughtfully preserved, blending classic elegance with modern amenities.

With its 54 rooms, the hotel offers a cozy retreat for travelers seeking a taste of old-world charm amidst the bustling energy of South Beach. But the allure doesn’t end there. The property boasts a spacious on-site restaurant, beckoning guests to indulge in delectable cuisine against a backdrop of historic grandeur.

Property Details

Price:
$50,000,000
MLS #:
A11524293
Status:
Active
Beds:
0
Bathrooms
0
Address:
600 Ocean Dr
Type:
Commercial
Subtype:
Hotel/Motel
City:
Miami Beach
Date of List
Jan 30, 2024
State:
FL
Finished Sq Ft:
30,739
ZIP Code
33139
Year Built:
1933

Schools

Interior

Exterior

Financial

Buyer Agent Compensation
1%%
Taxes
$234,439

Map

Quick Information

passive income in dollars

Profitability of the Property

Net Monthly Income:
Annual Profitability of:

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600 Ocean Dr
Miami Beach, FL