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Modern Mansion of Miami 124 11th St 3 Room Hotel Miami Beach, FL 33139 $27,432,150 CAD ($9,144,050 CAD/Room)
EXECUTIVE SUMMARY
Attention Trophy Property Buyers, now is your opportunity to purchase or rent THE ONLY freestanding residence on the iconic art deco South Beach promenade. This residence was one of the first homes ever built on South Beach. 50FT from Versace Mansion, 200 feet from South Beach & Ocean Drive. This is THE ONLY free standing single-family, 3 story mansion left to acquire that allows both residential & mixed-use commercial. Originally, there were 2 residences that could claim this title, Gianni Versace’s mansion residence & 124 11th St., however after Mr. Versace’s death, his residence was transformed into a hotel and restaurant. With direct access through two secure gates & a private elevator. The owner rent through a massive renovation on the building and was able to get approved to have an active AirBnb/STR/Hotel/Vacation Rental license and is currently on AirBnb for bookings. Brand new glass railings on the terraces are almost completed! We can also provide a clean inspection report by Wise Home Inspections as well as a 4-point and Wind Mit report.
PROPERTY FACTS
| Price | $27,432,150 CAD | Lot Size | 0.03 AC |
| Price Per Room | $9,144,050 CAD | Building Size | 3,438 SF |
| Sale Type | Investment | No. Rooms | 3 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1920/2024 |
| Building Class | A | Corridor | Interior |
| Zoning | MXE Miami, 6501 - Mixed use entertainment | ||
| Price | $27,432,150 CAD |
| Price Per Room | $9,144,050 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | A |
| Lot Size | 0.03 AC |
| Building Size | 3,438 SF |
| No. Rooms | 3 |
| No. Stories | 3 |
| Year Built/Renovated | 1920/2024 |
| Corridor | Interior |
| Zoning | MXE Miami, 6501 - Mixed use entertainment |
AMENITIES
- Balcony
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 3 | $843.64 CAD | - |
Walk Score®
Walker's Paradise (97)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 02-3234-008-0270 | Improvements Assessment | $1,551,201 CAD |
| Land Assessment | $896,025 CAD | Total Assessment | $2,447,226 CAD |
PROPERTY TAXES
Parcel Number
02-3234-008-0270
Land Assessment
$896,025 CAD
Improvements Assessment
$1,551,201 CAD
Total Assessment
$2,447,226 CAD
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Modern Mansion of Miami | 124 11th St
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