Business Description
Off market, luxury boutique hotel located in the heart of Miami’s historic Art Deco District in South Beach. Capturing the essence of the South Beach lifestyle.
The Hotel is just steps from the beach and Ocean drive, and is surrounded by restaurants, nightlife and shopping.
The Miami Hospitality market is within the top 10 rated for the highest occupancy, ADR and RevPAR nationally.
Its close proximity to the beach, retail and restaurants and historic landmarks, make this Hotel the ultimate getaway for a wide variety of travelers.
Recently renovated, the hotel remains an iconic Miami Beach Landmark.
Less than 50 Luxurious suites which have every modern amenity;
The hotel also includes an award winning restaurant.
The hotel and restaurant ranks in the highest classification from TripAdvisor and other travel review websites.
Acreage: 0.15 acres
Parking: On-street, municipal lot and municipal garages.
Yearly benefit between USD 1.2 to 1.3 million ;
ROI: 5%;
Operator willing to stay under the new ownership
