411 Washington Avenue, Miami Beach, FL 33139

$12,950,000 · $487 per sq ft · Hotel/Motel for sale

  • Property type: Hotel/Motel
  • Asking price: $12,950,000
  • Price per sq ft: $487
  • Building size: 26,600 sq ft
  • Lot size: 13,068 sq ft
  • Zoning: 6503
  • Year built: 1935
  • Parcel ID: 0242030030810
  • MLS#: A12109971
Photo 1 at 411 Washington Avenue, Miami BeachPhoto 2 at 411 Washington Avenue, Miami BeachPhoto 3 at 411 Washington Avenue, Miami BeachPhoto 4 at 411 Washington Avenue, Miami BeachPhoto 5 at 411 Washington Avenue, Miami BeachPhoto 6 at 411 Washington Avenue, Miami BeachPhoto 7 at 411 Washington Avenue, Miami BeachPhoto 8 at 411 Washington Avenue, Miami Beach

About this property

THE HARRISON- PRICE IMPROVEMENT 4th and Washington — the corner that became South Beach adjacent from the New Rivani Purchase411–413 Washington AvenueSouth of Fifth · Miami Beach, Florida 55 Keys2 Restaurants 1 CourtyardPrime South of 5th Location. 55 Room hotel, recently renovated featuring two additional commercial spaces Street-front F&B with separate entrances on Washington Avenue. Both fully leased with 8 years remaining at $342,498 combined annual rent. Prime SoFi Corner of Washington and 4th, two blocks from the sand and Ocean Drive.Art Deco Inclusive of Miami Beach Architectural District. Renovated Rooms Hotel rooms Open Platform No long-term operator in place. Vacant-possession opportunity for an owner-operator or brand Hotel is available for an operator to come in and take advantage of this amazing property. Perfect for a hotel operator who wants to add more rooms to their great brand and you have cash flow from day one with the other tenants. Don't miss out on this great opportunity. All info regarding tenants and financial and market info available in the OM Please contact listing agent note the hotel does not come with any FF&E.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Caplan Realty Group · jennscap1@gmail.com · Listing agent: Jenifer Caplan

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Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 411 Washington Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Before You Make an Offer

How to buy a hotel in Florida

Your Hotel's Next Buyer May Already Be Looking

Hotel investors, hospitality operators and acquisition groups work with BreakThru Realty with defined criteria: the key count, the flag, the location, the performance and the price. If you own a hotel or motel, a broker can review it confidentially against those criteria before anyone else learns it may be for sale.

Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 411 Washington Avenue

How much is 411 Washington Avenue?
411 Washington Avenue is listed at $12,950,000, about $487 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 411 Washington Avenue zoned?
The listing reports zoning of 6503. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 411 Washington Avenue?
The listing reports 26,600 square feet of building.
When was 411 Washington Avenue built?
411 Washington Avenue was built in 1935. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 411 Washington Avenue?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

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