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Executive Summary
Discover an unparalleled investment opportunity with the historic James Hotel in Miami Beach, a gem in the heart of a world-class destination. This Art Deco hotel is perfectly situated just steps from the stunning Ocean Drive and the renowned shopping of Lincoln Road. Each of the 47 renovated rooms is thoughtfully equipped with modern amenities, microwave, and refrigerator. A laundry room and office space complete this incredible hospitality business. The hotel's vibrant atmosphere offers a unique charm that sets it apart. rare find in Miami Beach, the property boasts a spacious parking area for guests. With a FAR of 1.4 developers have an exceptional chance to expand on this prime site. Seize the chance to own a piece of Miami Beach history while capitalizing on its promising development prospects.
Property Facts
| Price | $24,184,259 CAD | Building Size | 20,079 SF |
| Price Per Room | $514,559 CAD | No. Rooms | 47 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1939/1955 |
| Property Subtype | Hotel | Parking Ratio | 1.2/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.34 AC | ||
| Zoning | 6600 - CD-3 High Intensity, Hotel - Motel - Commercial | ||
| Price | $24,184,259 CAD |
| Price Per Room | $514,559 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 20,079 SF |
| No. Rooms | 47 |
| No. Stories | 3 |
| Year Built/Renovated | 1939/1955 |
| Parking Ratio | 1.2/1,000 SF |
| Corridor | Interior |
| Zoning | 6600 - CD-3 High Intensity, Hotel - Motel - Commercial |
Amenities
- Wheelchair Accessible
- Public Access Wifi
- Smoke-Free
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 47 | $187.64 CAD | - |
1 1
Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02-3234-019-0710 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $7,407,472 CAD |
Property Taxes
Parcel Number
02-3234-019-0710
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$7,407,472 CAD
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James Hotel | 1680 James Ave
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